US aluminum giant Alcoa announces EUR 70 mln investment in Hungary
US aluminum giant Alcoa will invest a further EUR 70 mln in its manufacturing operations in Hungary, Economy Minister Janos Koka and director of Alcoa's Hungarian operations Bela Forgo announced at a press conference on Monday.
Ecostat estimates GDP growth at 4.6% in Q3
Economic research institute Ecostat, an offshoot of Hungary's Central Statistical Office (KSH), estimates that Hungary's GDP grew by 4.6% in the third quarter of 2005, according to its flash GDP estimate published on Monday.
Finance Ministry expects large December budget surplus to offset November deficit, meet annual target
The Finance Ministry expects a significant budget deficit in November, but believes that a similarly large surplus in December will bring the annual deficit in line with the original target, officials said Wednesday.
Gross wages in Hungary up 7.7% in Sept, 9.7% in Jan–Sept
Wages in Hungary rose by 7.7% in gross and 9.2% in net terms in September 2005 when compared to the same month last year, according to figures released by the Central Statistical Office (KSH) Wednesday.
Gross room revenues at Hungarian hotels up 18% in October
Gross room revenues at Hungarian hotels increased by 18.0% in October 2005, bringing growth in the January–October period to 16.3%, the Central Statistical Office reported Wednesday.
