Finance ministry expects HUF 46 bln budget deficit in October, stands by year-end target
The finance ministry expects the state budget to show a consolidated deficit of HUF 46.1 bln in October, state secretary Tamas Katona announced.
Magyar Telekom wins tender to build EDR system in Hungary
Hungary's dominant telecom firm Magyar Telekom (MT), bidding together with its mobile arm T-Mobile, was selected as winner of a public procurement tender to set up and operate a digital radio communications network for Hungary's emergency services (EDR), the IT ministry announced.
Gross wages up 6.9% in August, 10% in first eight months of 2005
Wages in Hungary rose by 6.9% in gross and 8.6% in net terms in August 2005 when compared to the same month last year, according to figures released by the Central Statistical Office (KSH).
Hungarian government to restart Budapest Airport tender with 5 bidders
The Hungarian government decided at its Wednesday meeting to cancel the previous open tender for the sale of airport operator Budapest Airport Rt (BA) and start a new proceeding, involving talks with the five bidders of the previous tender, government spokesperson Andras Batiz announced.
IBM to continue expansion of financial service center in Hungary
US-based IT firm IBM is to further expand its financial service operation in Hungary, leading to the creation of "several hundred new jobs," said IBM Hungary CEO Peter Paal.
