
News report of 11.07.2008
Hungary Business Weekly
FINANCIAL & ECONOMIC NEWS
NEWS
Hungary’s CPI inflation slows to 6.7% y/y in June, below expectations
CEE economies see slight Q2 slowdown, equity markets in Q3 seen
sideways – Erste Bank
STATISTICS
Hungary’s foreign trade records EUR 47 mln surplus in May – preliminary
data
Hungary’s fiscal budget deficit HUF 297.2 bln in June, as expected
Hungary’s industrial output grows 4.7% y/y in May, 6.9% y/y in January-May – preliminary data
COMPANY NEWS
REAL ESTATE
Spanish investor Danube Property Fund to invest EUR 150 mln in
Romanian property projects
French logistics firm FM Logistic to build two Romanian centers in EUR 42
mln investment
PRESS: Swiss developer Euroinvest Intermed to invest EUR 200 mln in
Romanian property project
PRESS: Hungarian developer Smart Holding to invest EUR 100 mln in
Romanian luxury homes
PRESS: Romanian developer Arca East Invest to build EUR 65–70 mln
mall in Tulcea
PRESS: U.K.-based developer Mivan to build two Romanian property
projects
Spanish developer BMK Immo to invest EUR 6 mln office project in
Romanian capital Bucharest
Spanish developer Martinsa-Fadesa to invest EUR 700 mln in Romanian
real estate projects
PRESS: Romanian developer Nisco Invest receives EUR 30 mln loan to
build mall in Cluj
PRESS: Israeli developer Aura Europe to invest EUR 25 mln in 232
Romanian homes
Spanish developer Hercesa to invest EUR 340 mln in Romanian
residential and hotel projects
PRESS: Romanian car dealer Porsche Romania enters real estate sector
Booming Romanian property market to see price correction in medium
term – developers
Romanian commercial property market has great growth potential – JLL
PRESS: U.K.-based fund manager Chayton Capital to invest EUR 110 mln
in Romanian offices
ENERGY NEWS
OIL & PETROCHEMICALS
Hungarian oil company MOL lends treasury stock to Hungarian OTP, MFB
banks
GAS
EU welcomes agreement on Romanian-Hungarian gas pipeline
HEAT, POWER & SEWAGE
PRESS: Romanian Hidroelectrica to make EUR 120–160 mln from sale of
69 small hydro stations
ALTERNATIVE ENERGY
PRESS: Romania to grant EUR 200 mln aid for renewable energy projects
EMERGING MARKETS NEWS HIGHLIGHTS
Russia’s intel denies stepping up anti-UK activities, has questions about
UK diplomat’s work (Part 2)
EU thinks Russia’s involvement in settlements in Georgia is inevitable
FINANCIAL MARKETS
EQUITIES
Budapest Stock Exchange share trading 04-11/07/2008
Budapest Stock Exchange, Indices, 04–11/07/2008
FIXED INCOME
Hungary fixed income benchmark yields 04–11/07/2007
Hungary fixed income benchmark yields 11/04/2007
CURRENCY
National Bank of Hungary official exchange rates 04–11/07/2008
Nb: This news report features only the headline of each news
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