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.
GKI: Business confidence at record low, household confidence also down
In March 2005, business confidence in Hungary sank to record lows, continuing a weakening trend that set in last autumn, according to research institute GKI. With the outlook of households also worsening during the month, the composite confidence index fell to levels unseen since mid-1996.