National Broadband Strategy calls for HUF 17-18 billion worth of new infrastructure in 2006
The government has published its "National Broadband Strategy" (NBS) for the development of broadband Internet services. The strategy calls for the construction of technological infrastructure to the value of HUF 17-18 billion (USD 89-94 million) in 2006.
Ural crude oil trading on Budapest Stock Exchange by 2006?
Trading in Ural crude oil (URAL) may begin on the Budapest Stock Exchange (BSE) as early as 2006, according to preliminary plans laid out in a memorandum of understanding signed by the BSE, the New York Mercantile Exchange (NYME) and the Budapest Commodity Exchange (BCE).
Real wages rise 6% in February after high one-off January growth
Wages in Hungary rose by 7.9% in gross terms and by 9.4% in net terms year on year in February 2005, according to figures released by the Central Statistical Office (KSH) Tuesday.
Construction output rises 28.6% in February, 17.6% in first two months
Construction output in Hungary was up 28.6% year on year in February 2005, according to working day adjusted figures released by the Central Statistical Office (KSH). Growth was 17.6% in the first two months of the year. Seasonally and working-day adjusted figures for February showed a rise of 7.1% over the previous month, up from 4.5% monthly growth recorded in January.
Tesco's Hungarian revenues up 17% to HUF 415 billion in 2004
UK-based retail chain Tesco recorded gross revenues of HUF 415 billion (USD 2.2 billion) in Hungary in 2004, up 17% from the previous year, Tesco announced.
