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Forint Poised to Fall; Hungary's Economic Expansion May Slow

The Hungarian forint may fall against the euro on expectations a government report this week will show the country's pace of economic growth slowed last quarter, a Bloomberg News survey indicates.

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INA, MOL want to jointly buy Bosnia petrol chain

Croatian state oil concern INA and its strategic partner, Hungary's MOL, said on Friday they had submitted a joint letter of intent to invest in Bosnian fuel chain retailer Energopetrol.

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UK, Hungary try to simplify draft EU chemicals law

Britain and Hungary proposed on Thursday to slim down a mammoth European Commission plan for the testing and registering of 30,000 chemicals, but member states want to discuss the proposal further, EU officials said.

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Fazekas changes mind about retiring after one-year ban

Disgraced Olympic discus champion Robert Fazekas has changed his mind about retiring after the Hungarian athletics federation banned him for only a year for a doping offence.

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Hungary cenbank Council's Oblath fears forint falls

Hungary's central bank (NBH) would create a risk of substantial falls by the forint if it cuts interest rates too rapidly, a banker regarded as the most dovish member of the Monetary Council said on Thursday.

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UEFA Cup: Schalke beats Ferencvaros 2-0

Schalke beat Ferencvaros Budapest 2-0 in their UEFA Cup match on Thursday to leapfrog over idle Feyenoord Rotterdam to the top of Group A.
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Tesco edges closer to £2bn profit barrier

TESCO’S shares shot to an all-time high yesterday as Britain’s most successful supermarket group moved a step nearer pushing its profits through £2 billion this year following another impressive sales performance.

more shopping news »

A new spring for Four Seasons

Paris. Milan. Budapest. Prague. Isadore Sharp is on a whirlwind European tour to meet employees of Four Seasons Hotels and Resorts and tell them how the business is performing.

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US campaign behind the turmoil in Kiev

With their websites and stickers, their pranks and slogans aimed at banishing widespread fear of a corrupt regime, the democracy guerrillas of the Ukrainian Pora youth movement have already notched up a famous victory - whatever the outcome of the dangerous stand-off in Kiev.
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OTP makes binding bid on Croatia's Nova Banka

Hungary's OTP Bank said on Wednesday it has made a binding bid on a 95.59% stake in Croatia's seventh largest bank, Nova Banka.

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New player in Telco arena

US telecommunications company Net2Phone decided to enter the Hungarian market in the near future, announced Solomon Gahtan, the company’s leader responsible for the Eastern European region on Internet portal Isite. Net2Phone will provide telephone services through the Internet to both retail and business clients. Gahtan cited new opportunities and favorable market conditions as motives to the move. (Vg 8) R.G.

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Richter to keep focus on organic growth

Hungary's leading pharmaceuticals firm Richter Gedeon Rt will continue to focus on organic growth in the future, chief executive Erik Bogsch told daily Napi Gazdaság in an interview on Friday. Bogsch acceded to the interview on occasion that that the shares of his company debuted on the Budapest Stock Exchange 10 years ago.

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Stars line up in Hungary to promote Being Julia

A MOVIE that takes the viewer to the theater. A movie which puts stars like Annette Bening and Jeremy Irons on the red carpet before Uránia mozi on Rákóczi út on its premier in Hungary. A movie where Budapest plays London of the '30s.

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The same philosophy as Europa Design

The same philosophy as Europa Design, that is: serious goals can only be achieved through quality service in a real European Europa Design Office Ltd was founded with the intention of upgrade the level of the domestic office interior culture.
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