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Liberty makes payroll at Dunaujvaros steelworks

Indian-owned steelworks Liberty Dunaujvaros has paid over 3,000 employees their wages for August, on time, plus a one-off HUF 150,000 bonus, the National Economy Ministry said on Tuesday.

Hell Energy sales climb 22 percent in H1

First-half consolidated net sales revenue of Hungarian soft drink maker Hell Energy rose 22pc year-on-year to HUF 94.0bn, an earnings report posted on the website of the Budapest Stock Exchange, where the company's corporate bonds are listed, shows.

South Korea’s Bumchun in EUR 21 billion expansion

BC GEN Hungary, the local unit of South Korea's Bumchun, is investing 21 billion forints to triple battery terminal capacity at its base in Salgotarjan, in north-eastern Hungary, Peter Szijjarto, the minister of foreign affairs and trade, announced on Tuesday.

Banks deny enhancing profits during wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures "in a disciplined and cooperative ...

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Croatia court jails Hernádi in absentia over ex-PM bribe

MOL boss corrupt: court

A Zagreb court has found Zsolt Hernádi, chief executive of Hungarian oil and gas company MOL, and former Croatian Prime Minister Ivo Sanader guilty of corruption, Croatian public television has reported.

Hungarian farmers protest EU-Mercosur trade deal

The Hungarian Agriculture Chamber (NAK) is joining a campaign by COPA-COGECA, Europe's biggest interest group for farmers, against a free trade agreement the European Union has negotiated with South American trade bloc Mercosur.