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PMI climbs to 58.9 in April

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 58.9 points in April from 57.6 in March, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.

MVM becomes sole universal energy provider

State-owned energy company MVM has completed a deal to acquire 100 percent of E.ON Aramszolgaltato, German-owned E.ON's local electricity distributor for the regulated retail market, making it the only universal provider on the natural gas and the electricity market.

PMI climbs to 57.6 in March

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 57.6 points in March from 53.8 in February, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Friday.

Szijjarto: TDK’s HUF 26 billion investment to create 250 jobs

Japanese electronic car-parts manufacturer TDK is investing 26 billion forints (EUR 70.0m) into setting up a plant manufacturing sensors to electric cars in Szombathely, in western Hungary, the minister of foreign affairs and trade said on Monday.

Szijjarto: MOL propylene plant largest investment in Hungary this year

Peter Szijjarto, the minister for foreign affairs and trade, on Wednesday attended the cornerstone ceremony of a propylene plant of MOL Petrolkemia in Tiszaujvaros, in eastern Hungary. The 65 billion forint (EUR 174.5m) project is the largest investment by a Hungarian company so far ...

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PMI climbs to 58.9 in April

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 58.9 points in April from 57.6 in March, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.

Most commented articles Corporate

Rolling jobless rate 4.6 pc in Jun-Aug

Hungary's three-month rolling average jobless rate was 4.6 percent in June-August, edging down 0.2 percentage point from the previous period, the Central Statistical Office (KSH) said.

Minimum wage could rise by 4 percent from February

The Ministry of Innovation and Technology (ITM) will put together a draft agreement which could see the minimum wage increased by 4 percent from the start of February, two members of VKF, a forum of employers, unions and the government responsible for wage talks ...