Ericsson has signed managed services contracts with five Hungarian wireline operators -- PanTel, Monortel, Invitel, Hungarotel and Emitel. The contracts include implementation, integration and hosting of a number portability service. Ericsson is responsible for round-the-clock operation and maintenance of the hosted solutions.
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The transparency of companies, the credibility of their announcements, the quality of quarterly reports and their internal processes can all considerably affect investors’ sentiment and hence the price of shares.
Portfolio.hu has been publishing transparency reports on listed companies of the A-category for five years now, with the help of investment funds and analysts. The following are the latest findings.
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In light of stronger than expected first-quarter figures, Hungary's Finance Ministry revised upwards its projection for gross domestic product (GDP) growth this year to 3.5% from a range of 3.3%-3.5%, Reuters reported on Tuesday.

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The GFS fiscal deficit for the first five months of 2004 came to Ft 722.4 billion, well under the earlier forecast Ft 830.8 billion, the FinMin confirmed yesterday.
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Zalatour Kft, owned by the Zala county municipality, has decided to shut down all of its tourist bureaus after almost 40 years of operation and lay off some of its staff due to severe financial problems.
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Hungarian trucking company Waberer’s Holding Logistics Rt has bought 270 Mercedes and DAF tractors and 270 Schmitz trailers for Ft 6 billion, the company said.
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Budapest Airport Rt (BA), the state-owned operator of the Ferihegy international airport, plans for Ferihegy to become the CEE region's commercial and logistical hub, with passenger traffic doubling to 10 million per year by 2008, CEO Janos Harskuti told reporters Tuesday.

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Hungary is close to ending a long-standing trademark row with neighbours Slovakia and Romania over its famous Tokaji wine and double-distilled "palinka" fruit brandy, a Hungarian official said on Tuesday.
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Hungary's government and pharmaceutical makers could announce a deal to end a row over who bears the cost of subsidies on the retail price of drugs as soon as Wednesday or Thursday, government and industry sources said.
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Viacom Inc., the U.S. media conglomerate that owns MTV, is close to buying Viva Media, valuing its music television rival in Germany at about 300 million euros ($362 million) in a deal likely to draw regulatory scrutiny, people familiar with the situation said Tuesday.
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Hungary’s leading ISP, Axelero Internet Rt, is beefing up its broadband internet portal, launching the country’s first full-fledged, legal, internet-based music store.

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The position of International Hotel Investments plc (IHI) is as follows. It currently has and operates four hotels under the Corinthia name: the San Gorg in Malta, the Nevskij Palace in St Petersburg, the Alfa in Lisbon, and the Grand Hotel Royal in Budapest.
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An email worm calling for Hungarian patriotism was the most widespread virus alert at the weekend, experts said.

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One of Europe's largest minorities, the Gypsies, will finally have a member in the European Parliament after Hungarians elected former radio announcer-turned-anthropologist Livia Jaroka.
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For the first time since the fall of Communism, a Catholic radio began broadcasting nationally in Hungary on a medium-wave frequency.
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