529 result(s) for price rise
MTEL Focuses On Network Developments To Retain Clients
- 14 May 2015 9:00 AM
- tech
Magyar Telekom will focus on network developments this year to boost customer satisfaction and reduce churn, the company’s chief financial officer, János Szabó said after the company published its first-quarter earnings. MTel will make developments in both its mobile and fixed line networks, Szabó said. MTel expects to spend about 105 billion forints on investments this year, according to ...
Ad Tax Changes Would Hurt Hungarian Consumer Goods Market
- 12 May 2015 9:00 AM
- business
Retailers could be seriously hurt by changes to the advertisement tax, especially in the consumer goods segment, the National Association of Retailers (OKSZ) reported. The consumer goods market is extremely price sensitive and both retailers and suppliers have a vested interest in curbing price rises, the OKSZ said in a statement.
Two Main Stages At VOLT Festival In Hungary
- 6 Apr 2015 9:06 AM
- entertainment
Exactly 3 months to go till Telekom VOLT Festival opens its gates with a great line-up of more than 130 artists on 5 stages. This year VOLT will have 2 main stages, so starting from 3 in the afternoon until 6 in the morning the program will continuously flow. Tickets for the lowest price are still available until 10th April. VOLT Festival is held in the beautiful city of Sopron between 1-4 July, ...
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
Andras Cornides Interview About Budapest's Property Market
- 16 Mar 2015 12:00 AM
- property
Where did you grow up?
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Hungarian Lawmakers Pass Law On Banning Unprofitable Supermarkets
- 10 Dec 2014 8:00 AM
- shopping
Lawmakers approved a government law on banning from 2018 supermarkets and hypermarkets that fail to make a profit for two consecutive years. The law which bans the outlets from selling daily consumer goods passed with 116 in favour, 34 against and 25 abstentions.
MTEL Focuses On Network Developments To Retain Clients
- 14 May 2015 9:00 AM
- tech
Magyar Telekom will focus on network developments this year to boost customer satisfaction and reduce churn, the company’s chief financial officer, János Szabó said after the company published its first-quarter earnings. MTel will make developments in both its mobile and fixed line networks, Szabó said. MTel expects to spend about 105 billion forints on investments this year, according to ...
Ad Tax Changes Would Hurt Hungarian Consumer Goods Market
- 12 May 2015 9:00 AM
- business
Retailers could be seriously hurt by changes to the advertisement tax, especially in the consumer goods segment, the National Association of Retailers (OKSZ) reported. The consumer goods market is extremely price sensitive and both retailers and suppliers have a vested interest in curbing price rises, the OKSZ said in a statement.
Two Main Stages At VOLT Festival In Hungary
- 6 Apr 2015 9:06 AM
- entertainment
Exactly 3 months to go till Telekom VOLT Festival opens its gates with a great line-up of more than 130 artists on 5 stages. This year VOLT will have 2 main stages, so starting from 3 in the afternoon until 6 in the morning the program will continuously flow. Tickets for the lowest price are still available until 10th April. VOLT Festival is held in the beautiful city of Sopron between 1-4 July, ...
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
Andras Cornides Interview About Budapest's Property Market
- 16 Mar 2015 12:00 AM
- property
Where did you grow up?
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Hungarian Lawmakers Pass Law On Banning Unprofitable Supermarkets
- 10 Dec 2014 8:00 AM
- shopping
Lawmakers approved a government law on banning from 2018 supermarkets and hypermarkets that fail to make a profit for two consecutive years. The law which bans the outlets from selling daily consumer goods passed with 116 in favour, 34 against and 25 abstentions.


















