Hungary
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After Greece, it's Hungary's turn to shake financial markets
A new shockwave hit the Bucharest Stock Exchange, and the RON returned to the level at the beginning of the year on Friday, after the governmental officials in Budapest said at the end of last week that Hungary's financial situation was dramatic, thus reigniti...
How we've outrun Hungary in terms of car sales in the past 10 years
Romanian car sales are 50% higher than Hungary's, after the power balance was completely different ten years ago, namely two cars sold in Hungary for each purchased Romanian car, according t...
Lorand Szarvadi builds new Domo in Hungary
Lorand Szarvadi, the founder of the electrical and IT retailer Domo, who acquired the ElectroWorld network in Hungary in an approximately 5 million-euro deal wants to build a company there t...
Why Romania lost Mercedes investment to Hungary
Romania has failed to attract an investment from the Daimler automotive group in the construction of an 800m-euro plant, after the German company decided, in the wake of several months of re...
Proges plans to build 20-store network in Hungary
Oradea-based Proges, specialising in the distribution of interior decoration materials, plans to open a 20-store network in Hungary, following a 20 million-euro investment. Proges has recent...
TriGranit: Romania will leave Hungary behind
Romania will leave Hungary behind by 2010 in terms of the Gross Domestic Product per capita, according to Sandor Demjan, TriGranit's chairman and the richest man in Hungary, who is expecting...
Temsa boasts higher sales in Romania than Hungary and Greece
Temsa, Turkish-based manufacturer of coaches and buses, part of Sabanci group, estimates to sell around 200 units on the Romanian market this year, which would account for around 10% of the...
UniCredit Tiriac brings head of retail from Hungary
UniCredit Tiriac, the fourth largest bank on the market in terms of assets, has chosen a vice-president in charge of retail, after a period when the division was supervised by its chief exec...
Bombardier considers exporting to Turkey or Hungary
Swedish constructor Bombardier, which registered sales of 4 billion dollars in the first quarter of this year, could extend its partnership with Electroputere Craiova, where underground trai...