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The side-wind of the tornado hits BÉT


Budapest Stock Exchange drops 5.68% on Monday following international trends. Will it criple Hungary's economy? more »


E.ON struggles with Ft100 bn consumer debt


By the end of this year the debt of the consumers towards E.ON Földgáz Trade, subsidiary company of the German E.ON Ruhrgas, can reach as much as Ft100 billion, mostly because of the strengthening of the dollar. more »


General Electrics cutting staff


General Electric (GE) on Nagykanizsa plans to cast off 227 employees in two phases. more »


Mercedes investment still on


The 2009 Mercedes investment will not be affected by Daimler's latest plans to reconsider its global investments, reported MTI. more »


Tesco value natural gas


The consumer provider department of First Hungarian Natural gas- and Energy-trader and Provider Ltd (Emfesz) started a cooperation with Tesco for retail gas supplies, reported Hungarian daily, Népszabadság. more »


Audi suspends production


Audi Hungaria Motor Kft will shut down car production for four weeks and depending on the type, will also suspend engine production for two to four weeks from the middle of December, reported MTI. more »


New chairman at the Stock Exchange


Vienna Stock exchange (Wiener Börse), major shareholder of Budapest Stock Exchange (BÉT) appointed Mihály Patai, Chairman and Chief Executive Officer of UniCredit Bank Hungary as BÉT chairman, the company said on Monday (Nov 17). more »


S&P downgrading


Hungary's forint reacted by a minimal depreciation versus the euro to a downgrade by ratings agency Standard & Poor's on Monday. more »


Pápai hús liquidation


The government plans to offer 80-100% state guarantee for the loans necessary to save the meat producer Pápai Hús Zrt in liquidation since December 2006, reported Világgazdaság. more »


District heating for sale


The General Meeting of Budapest agreed to privatize its 50% shares package in the monopolistic district heating company Fôgáz Zrt, reported Hungarian more »






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