"Abolishing the forint's flotation band against the euro would not lead to extreme exchange rate fluctuations, National Bank of Hungary (NBH) Governor András Simor told a meeting of entrepreneurs in Gyõr (northwest Hungary). The largest fear of the government is that lifting the band would result in excessive appreciation of the HUF that would deal a blow to exporters. more »

"Wienerberger Téglaipari Zrt., the Hungarian unit of the world's largest producer of bricks and No.2 on the clay roof tiles market in Europe, expects to boost revenues to around HUF 30 billion in 2007 from HUF 28.2 bn in 2006 and HUF 23.4 bn in 2005, said Norbert Schwarzmüller, Chairman of the Board. more »

"Cocal-Cola Beverages Magyarorszg, the Hungarian unit of the Coca-Cola Hellenic Bottling Company, plans to pump HUF 2.5 billion (EUR 9.93 m) in a two-year project to double mineral water bottling capacities of its NaturAqua products. The programme at Zalaszentgrót will be backed by HUF 500 million worth of EU funds. more »