Sony Ericsson expects to maintain lead in Hungarian handset market with 25–30% share in 2005
Mobile equipment manufacturer Sony Ericsson expects to maintain its leading position in the Hungarian handset market by recording a share of 25–30% in 2005, Tibor Wagner, the firm's managing director for the CEE region said at a press conference Monday.
Three bids submitted for Budapest Airport – BAA, Fraport, Hochtief
Three binding bids were submitted by the Monday deadline for a 75% minus one share stake in Hungarian airport operator Budapest Airport Rt (BA), privatization agency APV announced in a statement.
EBRD urges Hungary to rein in public spending and push ahead with reform
A major international report out Tuesday urged the Hungarian government to rein in public spending and push ahead with wide-ranging public and private sector reforms.
Central bank says fiscal tightening of up to 7% of GDP needed for 2010 euro
Based on current trends, Hungary will have to enact fiscal tightening equivalent to 5.5–7% of GDP in the coming years in order to meet criteria for eurozone accession in 2010, according to a new report by Hungary's central bank MNB.
Consumer and business confidence down again in October
Hungarian business and consumer confidence fell again in October after a partial recovery during the previous month, economic research institute GKI said in its monthly confidence report.
