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Latest Hungary Financial News

  • Naspers seeks acquisitions in Brazil 29 Aug 2008 18:29 GMT
    ... said Naspers also wants to expand its Hungarian and Czech Internet business -- Allegro -- ... Europe. Allegro operates e-commerce trading platforms in Hungary and Czech Republic. "We would like to ... We hope before the end of the financial year we will have three or more ...

  • Banks: Stepping Up Offshoring Drive 29 Aug 2008 15:58 GMT
    ... Aug 29, 2008 (financialwire.net via COMTEX News Network) -- August 29, ... 2008 (FinancialWire) (ValueNotes Outsourcing Watch: Insights for Investors) The recent announcements by Barclays (NYSE: BNC), ... offshoring strategy for Barclays include Singapore and Hungary. National Australia Bank and ANZ Bank also increased ...

  • EU mergers and takeovers (Aug 29) 29 Aug 2008 14:12 GMT
    ... | 29 Aug 2008 | 06:08 AM ET BRUSSELS, Aug ... and insurer Banco Santander buys UK financial services company Alliance & Leicester LLL.L> (notified ... company, acquires control of the whole of Hungarian peer MAV Cargo (notified Aug. 25/deadline Sept. ...

  • INSTANT VIEW - Hungarian investments still in the red in Q2 29 Aug 2008 12:58 GMT
    ... INSTANT VIEW - Hungarian investments still in the red in Q2 ... in Q2 The volume of investments in Hungary dropped 2.1% year on year in the ... while some private sectors, retail, hotels, transport, finance, construction and farming show very robust performance, ...

  • STRABAG SE: Double-digit growth in the first six m... 29 Aug 2008 11:32 GMT
    ... the first six months of the 2008 financial year amounted to € 4, 777.4 million, ... of € -248.3 million. The cash-flow from investing activities was up from € -298.9 million ... a market leader in Germany, Austria and Hungary. STRABAG SE remains confident of being able to ...

  • SBI to Set Up Investment Fund for Eastern Europe 29 Aug 2008 10:17 GMT
    ... Tokyo, Aug 29, 2008 (Jiji Press) - Japan's SBI ... said Friday it has agreed with the Hungarian Development Bank to jointly set up an ... dollars, of which 80 pct will be financed by SBI and the rest by the ...

  • Hungary OTP sells 1.5 mln shares, has call option 29 Aug 2008 07:27 GMT
    ... Thomson Reuters is the world's largest international multimedia news ... world's largest international multimedia news agency, providing investing news, world news, business news, technology news, ... news, small business news, news alerts, personal finance, stock market, and mutual funds information available ...

  • ยป Chavez scares investors 29 Aug 2008 04:42 GMT
    ... into South America's worst destination for foreign investment, analysts say. President Hugo Chavez's decision to ... by UNCTAD, Venezuela comes second-last, only above Hungary, in terms of direct foreign investment. Experts say ... the country risk evaluation, which according to finance ministry data has risen to 648 points ...

  • Georgia crisis could thwart EU project to bypass Russia for natural gas 29 Aug 2008 00:31 GMT
    ... of Bulgaria, RWE of Germany, MOL of Hungary, Transgaz of Romania and Botas of Turkey. Some ... promoting the project publicly to help reassure investors. "The countries involved in making Nabucco happen ... environmental studies for a pipeline, so no financing has been lined up. "Nothing has changed ...

  • Super Showdown Confirmed 28 Aug 2008 23:55 GMT
    ... him, and I'm younger." Janos Baranyai of Hungary injures himself during his third lift at the ... Arum wouldn't reveal their solution to the financial issues that nearly scuttled the deal earlier ... had insisted on 40 percent. The fighters' money disparities seem much less important than their ...

  • Holocaust welfare fund leaves Hungarian survivors in the lurch 28 Aug 2008 23:34 GMT
    ... hold," Karni indicates the importance of this financial aid. "This is the period when a ... million be allocated to Holocaust survivors from Hungary. The money is intended to help survivors with rent ...

  • Cisco Announces Definitive Agreement to Acquire PostPath 28 Aug 2008 23:28 GMT
    ... Bank To Buy Leading Bank In Azerbaijan Hungarian-based OTP Bank has signed a preliminary agreement ... from the Azerbaijani Central Bank. Headquartered in Hungary, OTP Bank operates in Montenegro, Croatia, Bulgaria, ... 2008 in order to contribute to the financial results of 2009. ','white')" ONMOUSEOUT="removeBox()"> Building upon ...

  • Auto parts maker lays off 800 28 Aug 2008 22:00 GMT
    ... mortgage fiasco has hit the housing and financial industries, causing ripple effects throughout the broader ... broader economy. This, along with a worldwide credit crunch, has led to a cooling of ... Linamar has plants in the United States, Hungary, Mexico, Germany, the United Kingdom and Asia. In ...

  • Linamar lays off 800 employees in face of downturn in auto, construction sectors 28 Aug 2008 21:07 GMT
    ... mortgage fiasco has hit the housing and financial industries, causing ripple effects throughout the broader ... broader economy. This, along with a worldwide credit crunch, has led to a cooling of ... Linamar has plants in the United States, Hungary, Mexico, Germany, the United Kingdom and Asia. In ...

  • Linamar lays off 800 28 Aug 2008 19:57 GMT
    ... mortgage fiasco has hit the housing and financial industries, causing ripple effects throughout the broader ... broader economy. This, along with a worldwide credit crunch, has led to a cooling of ... Linamar has plants in the United States, Hungary, Mexico, Germany, the United Kingdom and Asia. ...


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