870 result(s) for economy growth
Capacity Expansion At Hungarian Mondelez Biscuit Plant Inaugurated
- 22 Sep 2014 9:00 AM
- business
Snack maker Mondelez International inaugurated a 4.5 billion forint expansion at its biscuit plant in Székesfehérvár, in central Hungary, on Friday. Economy Minister Mihály Varga, attending the inauguration ceremony, said the government would spend some 300 billion forints (EUR 955m) on food industry developments in the next few years.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
S & P Reaffirms Hungary Rating
- 22 Sep 2014 9:00 AM
- business
Standard and Poor’s on Friday reaffirmed Hungary’s BB/B long- and short-term foreign and local currency sovereign credit ratings with a stable outlook. S and P changed Hungary’s outlook to stable from negative on March 28, 2014.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Business Association Head: Investor Confidence In Hungary Could Still Improve
- 11 Sep 2014 9:00 AM
- business
Hungary’s economy is showing a number of promising signs, but investor confidence is still in need of improvement, the head of the Joint Venture Association said at a group function on Wednesday. Chris Mattheisen, who is also CEO of Magyar Telekom, said the unfavourable effects of Hungary’s external debt should be reduced in the interest of sustainable growth.
City Predicts Robust Growth This Year And Next In Hungary
- 9 Sep 2014 9:00 AM
- business
Hungary’s economy is set to enjoy robust growth rates this year and in 2015 before a marked slowdown is likely to set in, London-based emerging markets economists said. Given a much stronger first half than anticipated, “it is easy to see” Hungary growing by 3.5% this year against Morgan Stanley’s previous forecast of 2.9%, the report says.
Citi To Spend Over 3 Billion Forints On Service Centre Expansion
- 29 Aug 2014 9:00 AM
- business
Budapest Citi Service Centre is to invest over HUF 3 billion, thereby creating 250 new jobs, with a support of HUF 250 million from the Hungarian Government, announced Péter Szijjártó, Parliamentary State Secretary to the Ministry for Foreign Affairs and Trade at a press conference on Wednesday.
Hungary’s PM Orbán: Economy On Growth Path
- 26 Aug 2014 9:00 AM
- business
Hungary has embarked on a period of economic growth which could put the country among the fastest-growing EU member states, Prime Minister Viktor Orbán said, addressing the annual meeting of Hungarian ambassadors.
CEU Business School Budapest Launches Global Entrepreneurship Fellows Program
- 21 Aug 2014 8:10 AM
- specials
Budapest, Hungary: In 2012, the rate of venture capital investment as a percentage of GDP was the highest in Hungary among EU member states -- at almost 7 tenths of a percent. To put that in perspective, that represents more than three times the EU average. And yet the region’s high-growth, high-potential startups and other entrepreneurial SMEs continue to struggle.
Capacity Expansion At Hungarian Mondelez Biscuit Plant Inaugurated
- 22 Sep 2014 9:00 AM
- business
Snack maker Mondelez International inaugurated a 4.5 billion forint expansion at its biscuit plant in Székesfehérvár, in central Hungary, on Friday. Economy Minister Mihály Varga, attending the inauguration ceremony, said the government would spend some 300 billion forints (EUR 955m) on food industry developments in the next few years.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
S & P Reaffirms Hungary Rating
- 22 Sep 2014 9:00 AM
- business
Standard and Poor’s on Friday reaffirmed Hungary’s BB/B long- and short-term foreign and local currency sovereign credit ratings with a stable outlook. S and P changed Hungary’s outlook to stable from negative on March 28, 2014.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Business Association Head: Investor Confidence In Hungary Could Still Improve
- 11 Sep 2014 9:00 AM
- business
Hungary’s economy is showing a number of promising signs, but investor confidence is still in need of improvement, the head of the Joint Venture Association said at a group function on Wednesday. Chris Mattheisen, who is also CEO of Magyar Telekom, said the unfavourable effects of Hungary’s external debt should be reduced in the interest of sustainable growth.
City Predicts Robust Growth This Year And Next In Hungary
- 9 Sep 2014 9:00 AM
- business
Hungary’s economy is set to enjoy robust growth rates this year and in 2015 before a marked slowdown is likely to set in, London-based emerging markets economists said. Given a much stronger first half than anticipated, “it is easy to see” Hungary growing by 3.5% this year against Morgan Stanley’s previous forecast of 2.9%, the report says.
Citi To Spend Over 3 Billion Forints On Service Centre Expansion
- 29 Aug 2014 9:00 AM
- business
Budapest Citi Service Centre is to invest over HUF 3 billion, thereby creating 250 new jobs, with a support of HUF 250 million from the Hungarian Government, announced Péter Szijjártó, Parliamentary State Secretary to the Ministry for Foreign Affairs and Trade at a press conference on Wednesday.
Hungary’s PM Orbán: Economy On Growth Path
- 26 Aug 2014 9:00 AM
- business
Hungary has embarked on a period of economic growth which could put the country among the fastest-growing EU member states, Prime Minister Viktor Orbán said, addressing the annual meeting of Hungarian ambassadors.
CEU Business School Budapest Launches Global Entrepreneurship Fellows Program
- 21 Aug 2014 8:10 AM
- specials
Budapest, Hungary: In 2012, the rate of venture capital investment as a percentage of GDP was the highest in Hungary among EU member states -- at almost 7 tenths of a percent. To put that in perspective, that represents more than three times the EU average. And yet the region’s high-growth, high-potential startups and other entrepreneurial SMEs continue to struggle.














