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Hungary Graphisoft buys 50,000 own shares


Hungarian architectural software maker Graphisoft announced on Wednesday that it purchased 50,000 treasury shares at a HUF 1,348.21 average price on 30 November 30.

more business & finance news »

Hungary to vote on nationality and healthcare


Hungary is holding a referendum on Sunday to decide if ethnic Hungarians living abroad should be granted citizenship and if healthcare should stay in state hands. The vote is a key test for new Prime Minister Ferenc Gyurcsany, a 43-year-old millionaire, and his rival, charismatic Viktor Orban of the right of centre opposition Fidesz.

more current affairs news »

EU allows intervention grain exports via Constanta


The European Commission included a measure allowing cereals to be exported via the Romanian port of Constanta in published amendments to rules governing intervention grain sales on Tuesday.

more  news »

eTel continues Central Europe expansion plan


Irish telecoms company eTel, which provides services in Central and Eastern Europe, today announced the acquisition of EuroWeb Czech Republic.
more it & telco news »

OECD raises central Europe growth forecast


The Organization for Economic Cooperation and Development said Tuesday it had raised its growth forecasts for leading central European economies.

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Hungary MOL runs into glitches with Warsaw listing


Hungarian oil and gas firm MOL has hit glitches in its plans to list on the Warsaw stock exchange but said they involve mostly technical issues and it still proposes to list on central Europe's largest bourse.

more business & finance news »

Hungarian travel agents slow to sell online


Most Hungarian travel agencies have an online presence, but less than a third of these allow clients to book online, and hardly any accept online payment, according to a survey by GKI.
more travel news »

Euroweb sells Czech unit to invest in Hungary and Romania


US-based Euroweb International is to part with its Czech subsidiary in scope of a portfolio streamlining, Hungarian business daily Világgazdaság reported on Wednesday.

more it & telco news »

Hungary's Parliament nods on main 2005 budget figures


The Hungarian Parliament late on Tuesday nodded on the main 2005 budget figures, setting the public sector deficit at HUF 1,042 billion in cash-flow accounting terms, Reuters reported.

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Mexican company interested in marketing products in SCG


Mexico's food producer is interested in opening a wholesale center in Serbia and Montenegro, which would be used as Mexico's export center for the region, Cometec Director Gabriela Biringer said Tuesday.

more  news »

Hearts spies fly out to Hungary in hope of draw


HEARTS head coach John Robertson and his assistant Donald Park will fly out to Hungary today hoping to witness Ferencvaros and Basel sharing the spoils in UEFA Cup Group A.

more sports news »

Ecostat sees falling demand on housing market


The real estate index of market research firm Ecostat, which measures the expectations of relevant sectors of the real estate market, has recorded a one percentage point upturn in the third quarter of 2004 to 51.5%.

more real estate news »

Instant View - Hungary GDP up 3.7% yr/yr in Q3


Hungary's gross domestic product went up by 3.7% year on year in the July-September period, the Central Statistics Office (KSH) reported on Wednesday. The figure went against the consensus forecast of analysts in an October Reuters poll for a 3.8% rise.

more business & finance news »

Webquests can be teacher-made or learner-made


"Essentially, webquests are mini-projects in which a large percentage of the input and material is supplied by the Internet. Webquests can be teacher-made or learner-made, depending on the learning activity the teacher decides on."

more community & culture news »

Diesel prices up Ft 5 from tomorrow


Diesel prices at MOL Rt pumps are to go up another Ft 5 tomorrow, the Hungarian oil and gas flagship said yesterday citing a steady upward trend in the fuel’s global trading price. The announcement comes only two days after MOL’s latest hike yesterday, when a respective Ft 2 and Ft 1 were added to the pump price of gasoline and diesel due to a slash in the excise tax break introduced by the government to cushion the impact of high fuel prices in global markets. (Nv 6, Nb 16) S.F.

more getting around news »





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