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Veronika Pistyur
CEO, Bridge Budapest
We want to initiate a change in people’s attitude towards success
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POLITICS
Emigrants’ remittances to Bulgaria continue to grow
Emigrants’ remittances to Bulgaria continue to grow and amounted to €73.7 million in March 2013, the National Bank of Bulgaria said.
ECONOMY
NAV calls tender for 265 passenger cars
Hungary's National Tax and Customs Authority (NAV) has called a tender for 265 new passenger cars in the latest issue of the Public Procurement Gazette
ECONOMY
Greek current account deficit falls
Greece’s current account deficit was €1.3 billion in March, down by €952 million or 42.5% year-on-year, the National Bank of Greece said in statement.
BUSINESS
Croatian Dukat expands stake in Slovenian dairy
Croatia’s dairy Dukat, a part of the French group Lactalis, increased its stake in Slovenia’s largest dairy Ljubljanske mlekarne to 96.52% in the takeover bid that expired on Monday.
ECONOMY
Gross wage growth accelerates to 3.2% in March
Average gross wages in Hungary rose 3.2% year-on-year in March after a 2.7% increase in February, the Central Statistics Office (KSH) said on Wednesday.
BUSINESS
Surplus of electricity is biggest problem of energy sector in Bulgaria, official says
Bulgaria’s caretaker Prime Minister Marin Raykov said Wednesday, that the biggest problem in the country’s energy sector was the surplus production of electricity.
BUDAPEST
BKK expected to sign €54 mln e-ticket loan contract in summer
The Budapest Public Transport Center (BKK) is expected to sign for a €54 million loan from the European Bank for Reconstruction and Development (EBRD) to finance an electronic ticket system this summer.
POLITICS
Serbia changes railway law
Serbia adopted a new railways law to enable competition and attract investment in the services dominated by the state-run and unprofitable Zeleznice Srbije.
ECONOMY
Hungary business sector employment edges down 0.6% yr/yr in March
The number of employees in Hungary's business sector, which includes private as well as state-owned companies employing at least five people, was down 0.6% year-on-year in March 2013.
POLITICS
EU urges energy market as US shale gas widens price gap
European Union leaders are set to urge faster integration of the bloc’s power and natural-gas markets to lower energy prices as the US shale-gas revolution widens the EU’s cost gap with its largest trading partner.
BUSINESS
Turkish legislators debate oil law to attract foreign explorers
Turkey, which gets almost all its energy from abroad, debated a law on Wednesday that seeks to lure foreign companies to explore for oil and gas and end the preferential treatment of state-run TPAO Turkiye Petrolleri AO (TPAO), media reported
BUSINESS
Szerencsejáték launches sports betting website
Hungary's state lottery company, Szerencsejáték, announced the launch of its sports betting website – www.tippmixpro.hu – on Tuesday.
POLITICS
Labor law amendments approved by Polish government
On Tuesday, the Polish government adopted the Labor Minister’s document on measures directed to protect employees and businesses during economic downturn, the government press office said.
BUSINESS
EDF Démász eliminates about 200 positions
Regional electricity distributor EDF Démász is eliminating 198 full-time positions, local daily Délmagyarország said on Wednesday.
BUSINESS
Poland says will not tax shale gas output until 2020
Poland will not collect taxes on the production of shale gas until 2020 to make its extraction more financially attractive after several foreign players quit the Polish market in the past few months.
ECONOMY
Russia April industrial output slows
Russian industrial-output growth slowed as a stalling economy and weakening exports hurt demand. Production at manufacturers, mines and utilities grew 2.3% in April from a year earlier.
POLITICS
Parliament approves minimum margin on retail tobacco sales
Parliament approved late Tuesday a bill that guarantees a minimum 10% margin on retail tobacco sales, well over the 3-4% that industry insiders say is prevalent at present.
POLITICS
Bulgarian election winners officially seek to void vote
The center-right GERB party of former Bulgarian prime minister Boyko Borisov has officially filed a claim with the country’s Constitutional Court to contest and void the May 12 general election results.
BUSINESS
AIG aims to double premiums revenue in Hungary
US-based insurer AIG aims to double its revenue from premiums in Hungary in five years, Barna Sugár, who heads the Hungarian branch of AIG Europe Limited, said.
BUSINESS
Slovakia plans to tax subsidized renewable energy sources
Slovakia is considering additional taxation of producers of electricity from renewable sources that gained the right to generous purchasing electricity prices in the past, the CTK news agency quoted Slovak Prime Minister Robert Fico as saying.
18:35Emigrants’ remittances to Bulgaria continue to grow
18:10NAV calls tender for 265 passenger cars
17:35Greek current account deficit falls
17:25Croatian Dukat expands stake in Slovenian dairy
17:10Gross wage growth accelerates to 3.2% in March
16:50Surplus of electricity is biggest problem of energy sector in Bulgaria, official says
16:40BKK expected to sign €54 mln e-ticket loan contract in summer
16:25Serbia changes railway law
16:10Hungary business sector employment edges down 0.6% yr/yr in March
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