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Hungary Budapest Business Journal

Fri, 23 Mar 2018 19:00:00 GMT
Raiffeisen net profit up 81% in 2017
Raiffeisen Bank had net profit of HUF 28.5 billion last year, the largest ever profit in the history of the Hungarian bank, CEO György  Zolnai told reporters Friday. Total assets rose 4% in twelve months to HUF 2,172 bln at the end of 2017.   

Fri, 23 Mar 2018 13:36:00 GMT
Clocks move forward Sunday - saving money!
This weekend clocks move forward one hour at 2 a.m. on Sunday morning as daylight savings time kicks in. According to MAVIR, the Hungarian transmission system operator, shifting from winter to summer time and back saves as much as HUF 4-5 billion a y...

Fri, 23 Mar 2018 13:34:00 GMT
Lada Hungary targets 1,100 car sales this year
Lada Hungary targets sales of about 1,100 Lada brand cars this year, up from 1,060 in 2017, Managing Director András Pataki said at a trade show in Budapest today.

Fri, 23 Mar 2018 10:51:00 GMT
Efficiency and labor lacking in construction sector
The biggest problem with the Hungarian construction sector is efficiency. By way of comparison, Austrian construction output is six times higher than Hungarian, with the same number of employees, László Koji, president of the National Federation of...

Fri, 23 Mar 2018 10:07:00 GMT
Graphisoft Park to pay HUF 93 per-share dividend
The board of Graphisoft Park, a listed company that owns and operates a business park in the north of the capital, will propose to shareholders payment of a HUF 93 per-share dividend at its annual general meeting on April 26, the AGM agenda shows. ...

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