10:10, Jul 29 | Hungarian vehicle and vehicle parts maker Rába made sharply higher operating profits in Q1 2010 but closed the quarter with net losses of HUF 1.37 billion due to financial losses, the company's consolidated IFRS report published late Wednesday shows. Q2 revenue rose 14% yr/yr.

09:38, Jul 29 | China's Wanhua plans to raise its stake to 100% from the present 38% in Hungarian chemicals company BorsodChem soon, and to make BorsodChem responsible for the operations of the Wanhua group in Europe, the Middle East and Africa, the heads of the two companies said in a joint letter to BorsodChem employees.

12:47, Jul 29 | Following last year's acquisition of the majority in ten corporations in CEE, the GrECo group continues to expand. The insurance broker strengthened its presence globally with its new partner, Jardine LloydThompson (JLT), one of the leading insurance brokers, has operations all around the world and islisted on the London stock exchange. 12:12, Jul 29 | The Budapest Stock Exchange's main BUX index rose 0.63% to 22,650.68 by midday on Thursday as big share indices in Western Europe and the CEE region were all advancing. 11:32, Jul 29 |  11:05, Jul 29 |  10:48, Jul 29 | Hungary's industrial producer prices rose 1.4% in June from the previous month, and increased 6.9% from one year earlier, the Central Statistics Office (KSH) said on Thursday. 09:52, Jul 29 | This year's harvest of cereal crops, rape seed and sowing peas is estimated at 5.5 million-6.0 million tons from around 1.79 million hectares, state secretary of the Rural Development Ministry György Czerván told MTI on Wednesday. 09:19, Jul 29 | The Budapest Stock Exchange's main BUX index opened up 0.31% at 22,577.86 on Thursday. 16:59, Jul 28 | The Budapest Stock Exchange's main BUX index closed down 0.67pc at 22,508.02 on Wednesday, losing along with regional peers and most European share indices. The BUX opened in positive territory, then fluctuated throughout the session, dipping into the red several times.

16:29, Jul 28 |  16:06, Jul 28 | The government's aim with the New Szechenyi Plan is to forward national and EU funding to micro, small and medium-sized Hungarian businesses quickly, efficiently and in a coordinated way, National Development Minister Tamas Fellegi said on Friday. The intention is to provide SMEs with HUF 1,000bn in combined EU and government funding by 2013, the end of the current EU budget period. 15:15, Jul 28 | The government is to launch a series of consultations on the new Széchenyi Development Plan, Minister of the National Economy György Matolcsy said in Budapest on Wednesday, presenting the outlines of the new Szechenyi plan — the government's new development plan — at a meeting of entrepreneurs. They will finalise the plan after wide-range consultations, he said. 14:48, Jul 28 | Less than half of the countries that signed the OECD treaty banning foreigners' bribery in 1999 comply with its regulations, a recently published report by Transparency International (TI) headquarters states. 13:57, Jul 28 |  12:53, Jul 28 | The results of the stress test, which the Committee of European Banking Supervisors (CEBS) has conducted on 91 European banking groups, will not affect European bank ratings, says Moody's Investors Service says in a new report. 12:33, Jul 28 |  12:06, Jul 28 | 

• OTP Bank cuts lending rates for existing loans
• Ferihegy security status downgrade confirmed
• Hungarian wine maker starts Tokaj deliveries to Costco

• More retail debtors on BISZ debtor black list
• Banks will not pass cost of levy onto clients this year
• Moody's places Budapest on review for possible downgrade

• Chief budget controllers to serve from August 15
• UPDATED2 Orbán: Hungary thanks IMF, but only needs to agree with EU
• Orbán aid complains at Washington Post

• BUX climbs with peers, rising 2.07%
• BUX climbs on cue of global markets
• BUX opens higher on cue of US markets

• Hungary applauds 10:10 initiative
• Industry urges new wind energy tender
• Aufwind starts building biggest biogas plant in Hungary

• Signs of revival showing in industrial property market
• Nagykanizsa sees launch of HUF 1.6-bln road overhaul
• Segece to open €375m shopping center in Budapest in October