Clients of Vodafone can now enjoy high-speed internet access on Budapest’s blue and red subway lines, both in the stations and tunnels, representatives of Vodafone, developer Huawei and Budapest Transportation Centre (BKK) announced this week.
Former finance minister and prime ministerial candidate Lajos Bokros has put together ten suggestions to avoid a financial meltdown, and says their implementation would also secure the country’s social-economic recovery.
Mabofi Holdings has begun to retake control of gas trader Emfesz, the one-dollar sale of which was confirmed to have been illegal based on a court ruling last month.
Shares in the UK firm Optisoft, which develops IT systems for the healthcare system and other human-related services…
The Danish-owned Grundfos Group will build its fourth Hungarian factory in the city of Székesfehérvár, creating 400 jobs by 2015, managing director László Török has announced.
The volume of investment fell 5.4 per cent in the third quarter of 2011 compared to the same period of 2010 but investment in manufacturing rose 27.3 per cent.
One of Hungary’s biggest property construction companies, TriGranit, will continue its dynamic developments but will not expand domestically in 2012, CEO Árpád Török told business daily Napi Gazdaság this week.
One in ten employees of the no-frills coach firm Orangeways have been on the take, CEO Miklós Kovács told financial daily Napi Gazdaság this week after an in-house investigation.
There are 458 companies with a tax deficit of HUF 100 million (EUR 318,000) or more based on a list compiled by website feketelista.hu.
Fearing a ratings downgrade, Austria’s financial regulator has ordered its banks to limit credit issued in Eastern European subsidiaries to 110 per cent of local deposits.