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Service Firms, ISO Consulting Firms, Major Law Firms, Management Consulting, Office Automation ,Office Furniture, Office Supplies, Patent Offices, Photocopying Services, Recommended Links© XpatLoop.com 2007en-ENinfo@xpatloop.com"Hungary's Hungrana, Europe's largest maize processor, has more than tripled its bioethanol capacity in an EUR 100 million investment in Szabadegyháza, central Hungary, business daily Világgazdaság has reported on Tuesday.http://www.xpatloop.com/news/18770Wed, 14 May 2008 01:00:00 GMT"In light of recent crop estimates, 4Cast has considerably upped its projection for Hungarian GDP growth to 3.0% yr/yr for 2008, significantly above market consensus for around 2.0%, saying that there is a possibility that the final figure will come in at 4.0-5.0% in the end.http://www.xpatloop.com/news/18751Tue, 13 May 2008 01:00:00 GMT"An improvement of stock exchange sentiment has induced a moderate rise on several emerging markets on Monday, thanks to which the forint broke south of 250 to the euro, albeit without the participation of local players, reaching a 7-month high against the single European currency. On Tuesday morning, the HUF remained below that level."http://www.xpatloop.com/news/18758Tue, 13 May 2008 01:00:00 GMT"There is apparently nothing that could dislodge the forint from its stable position versus the euro that has been characteristic of the Hungarian currency for some weeks now. In Tuesday's session the HUF moved in a very tight range between 251.60 and 252.30 to the single European currency.http://www.xpatloop.com/news/18734Wed, 07 May 2008 03:00:00 GMT"Sal. Oppenheim, Europe's largest independent private bank founded in 1789, is to open an office in the capital city of Hungary, after setting up shop in the Czech Republic in 2005 and last month in Warsaw. Sal. Oppenheim, which manages assets of about EUR 152 billion, aims to manage assets of EUR 50-60 bn in Hungary.http://www.xpatloop.com/news/18733Wed, 07 May 2008 01:00:00 GMT"Budapest Airport’s (BA) growing network is expanding with a new destination, as Smart Wings launches a direct air link between Budapest and Dubai from 14 May.http://www.xpatloop.com/news/18729Wed, 07 May 2008 00:06:00 GMT"The decline of turnover on the spot market of the Budapest Stock Exchange (BSE) has continued in April. Trade volume totalled HUF 756 billion in the fourth month of 2008 (duplicated), which corresponds to a decline of over 44% in annual terms.http://www.xpatloop.com/news/18710Tue, 06 May 2008 01:00:00 GMT"Central European shares were mixed at midday, with banks Pekao and OTP leading Warsaw and Budapest higher after a two-day break at the end of last week, and Zentiva gained on news of a voluntary buyout offer."http://www.xpatloop.com/news/18713Tue, 06 May 2008 01:00:00 GMT"The European Commission has suspended its investigation into the effects on the market of a takeover of MOL by OMV, as the Austrian oil company failed to provide requested information on time.http://www.xpatloop.com/news/18719Tue, 06 May 2008 01:00:00 GMT“The world view of the Monetary Council has not changed over the past month," Hungarian central bank (NBH) Governor András Simor told a press conference after the MPC raised the base rate by 25 basis points to 8.25% on Monday, in line with market expectations.http://www.xpatloop.com/news/18696Tue, 29 Apr 2008 01:00:00 GMT"Management of Hungary's leading bank OTP believes repurchasing shares is a better choice than paying dividend on 2007 profits, Chairman-CEO Sándor Csányi told shareholders at the bank's annual general meeting on Friday.http://www.xpatloop.com/news/18674Mon, 28 Apr 2008 01:00:00 GMT"Private equity group Penta, which is active mainly in Slovakia and the Czech Republic, is to buy a 49% stake in Hungary's second-largest meat processor Debreceni Hús Zrt. (DH), the firm's Chairman-CEO, Gyula Román told business daily Világgazdaság on Wednesday.http://www.xpatloop.com/news/18664Thu, 24 Apr 2008 01:08:00 GMT"Italy's luxury-furniture maker Arte Brotto is set to expand its production base in Hungary, business daily Napi Gazdaság reported on Monday.http://www.xpatloop.com/news/18650Wed, 23 Apr 2008 01:00:00 GMT"“Unless there are measures that reduce revenues or increase expenditures", Hungary will remain on the deficit reduction path that was laid down in the Convergence Programme for 2009 and 2010, Finance Minister János Veres told a conference on Tuesday.http://www.xpatloop.com/news/18649Wed, 23 Apr 2008 00:02:00 GMT"Monday was an eventless day for Hungary's forint, but only in respect of its shifts against the euro, while versus the USD it firmed over a plummet of the greenback on the world market.http://www.xpatloop.com/news/18646Tue, 22 Apr 2008 02:00:00 GMT"Austrian energy group OMV will this week intensify its battle to win a $20 billion hostile takeover of Mol by publicly questioning its Hungarian rival's corporate strategy and governance, the Financial Times reported."http://www.xpatloop.com/news/18622Mon, 21 Apr 2008 01:00:00 GMT"Hungary is expected to post a budget deficit of 13 billion forints ($81.74 million) in April after a March gap of 326 billion forints, the Finance Ministry said on Thursday"http://www.xpatloop.com/news/18637Sat, 19 Apr 2008 01:00:00 GMT"In the latest edition of its Newsflash, published on Thursday, PricewaterhouseCoopers highlights the expected amendments to Hungary's Act XXIII of 1993 on the National Cultural Fund (“NCFA").http://www.xpatloop.com/news/18606Fri, 18 Apr 2008 01:00:00 GMT"Preparations to build one of Hungary's largest golf courses, with a HUF 10 billion (EUR 39.55 m) investment, have begun at Páty (outskirts of Budapest), the mayor of the Pest County settlement announced yesterday.http://www.xpatloop.com/news/18601Thu, 17 Apr 2008 10:36:00 GMT"Online advertising spending is increasing at a mesmerising pace in Hungary. The 13 largest content providers have boosted their revenues by 33% year on year in the first quarter of 2008, data of the Hungarian Online Advertising Index (MOHI) showed on Monday.http://www.xpatloop.com/news/18564Tue, 15 Apr 2008 02:00:00 GMT