Sale of majority stake in mortgage bank FHB not on privatization agenda in '06
Hungarian privatization agency APV plans privatization revenues of HUF 250 bln in 2006, but the sale of the state's remaining majority stake in the Land Credit and Mortgage Bank (FHB) is not on the agenda, APV officials said Wednesday.
November foreign trade deficit revised down to EUR 190 mln, EUR 2.59 bln in Jan-Nov
Hungary's foreign trade deficit was EUR 190.2 mln in November, reaching EUR 2.595 bln in the first eleven months of 2005, according to revised data released by the Central Statistical Office (KSH).
Hungary's manager moods index PMI tumbles in January after manufacturing slowdown
The Hungarian Purchasing Manager Index (PMI), seen as a leading indicator of the state of the economy ahead of the publication of official data later in February, in January fell for the first time since July as Hungarian purchasing managers reported a slowdown in manufacturing, according to economic research institute MLBKT.
French led Bamco to start work on EUR 207 mln new Budapest metro line in March
Bamco, the French-Hungarian consortium that won a EUR 207 mln tender to build the first section of Budapest's fourth metro line, will start preparatory construction work in March, Budapest mayor Gabor Demszky announced at a ceremony in Budapest Tuesday.
Internet provider TVnet to double revenues on the back of new ADSL 3G services
TVnet Kft, a cable television and Internet service provider owned by Euroexpert Holding Rt and the Hungarian-American Enterprise Fund (MAVA) plans to at least double revenues and client numbers in 2006 on the back of its new ADSL 3G services, Managing Director Tibor Lengyel announced.
