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 Wednesday 07 January 2009
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PMI Surprises On The Upside, Rises To 56.9 Points In January
"Hungary's purchasing manager index jumped to 56.9 points n January, up 3.6 pts from December 2007 (53.3) indicating a halt to the downward trend in the manufacturing industry, , the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM), the publisher of the index, has reported on Friday. more »

Forint To Stay Hectic Ahead Of US Data Releases


Forint To Stay Hectic Ahead Of US Data Releases
"Hungary's forint experienced hectic trading with no clear direction on Thursday. The markets are still digesting the FOMC's decision and related comments. Budapest Economics said on Friday it remained premature to enter the local FI market, despite the cheaper levels. more »


VGK-Hönnun Builds A Professional Base In Hungary


VGK-Hönnun Builds A Professional Base In Hungary
"GK-Hönnun, Iceland‘s largest engineering firm and a partner of Hungary's PannErgy, has founded a subsidiary in Hungary. more »


Servier Opens Hungary Unit, Critical Of Govt Policy


Servier Opens Hungary Unit, Critical Of Govt Policy
"French drug maker Servier opened a new original drug research centre in Hungary on Thursday but said if it had to start the investment over again, it might not pick Hungary due to high taxes and poor incentives. more »


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