Home » Hungary You are browsing entries filed in “Hungary”

[DANA UH] Dana Gas :: FY 2009 NI off 26.7% YoY to AED88 mn

[DANA UH] Dana Gas :: FY 2009 NI off 26.7% YoY to AED88 mn

Dana Gas’ FY 2009 Revenue from hydrocarbon sales rose by 12% YoY to AED1.28 bn, while gross profit rose by 69% YoY to AED436 mn. It’s FY 2009 NI fell by 26.7% YoY to AED88 mn from AED120 mn in FY 2008, despite significant profits from the sale of 10% of the company’s interest in [...]

February 2 2010 | Posted in Austria, COMPANIES, Canada, EMEA, Egypt, Exploration & Production, GCC, Hungary, Integrated Oil & Gas, Iraq, MENA, Oil & Gas, Oil & Gas, Oil & Gas Producers, Stocks, United Arab Emirates | Read More »

Hungary :: FY 2010f GDP contraction revised to 0.3% from 0.6%

Hungary :: FY 2010f GDP contraction revised to 0.3% from 0.6%

Hungary’s Finance Ministry has revised its 2010 forecast of GDP contraction to 0.3% from 0.6%, and will be submitting the revised number to the EU before month end. In November 2009 the government was targeting a 0.9% contraction in its 2010 budget, before revising it to 0.6% at year end. The Finance Ministry plans to [...]

January 29 2010 | Posted in Hungary, MACRO | Read More »

Hungary :: unemployment rate in 4Q 2009 10.5%, worst in 14 years

Hungary :: unemployment rate in 4Q 2009 10.5%, worst in 14 years

Hungary’s rate of unemployment in 4Q 2009 was 10.5%, unchanged from the September-November period, up from 10.4% during the August-October period, and up from 10.3% in 3Q 2009. Hungary’s unemployed numbered 442,100 in 4Q 2009, an increase of 105,000 versus 4Q 2008.

January 29 2010 | Posted in EMEA, Hungary, MACRO | Read More »

[OTP HB] OTP Bank :: Ukrainian subsidiary posts FY 2009 loss

[OTP HB] OTP Bank :: Ukrainian subsidiary posts FY 2009 loss

Ukrainian subsidiary of Hungary’s OTP Bank reported a FY 2009 Net Loss of UAH435.3 mn with expenses totaling UAH357.8 mn.

January 29 2010 | Posted in Banks, Banks, Banks, COMPANIES, EMEA, Financials, Hungary, Stocks, Ukraine | Read More »

Hungary may near end of rate cut cycle, surveys indicate

Hungary may near end of rate cut cycle, surveys indicate

A consensus forecast reported by Portfolio.hu indicates that Hungary’s central bank will cut its benchmark two-week deposit rate, a key policy rate, by 25 bps to 6.00%.

January 25 2010 | Posted in EMEA, Hungary, MACRO | Read More »