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Gundel Restaurant Plans Double-Digit Growth This Year

Mar 12, 2024

The operator of the Gundel Restaurant in Budapest is planning a double-digit, 20% increase in turnover this year, Jenő Magyary, managing director of Gundel, said in response to an inquiry from MTI. He added that in 2023, the turnover will increase to HUF 1.5 billion, and the profit will be roughly 8-10% of that, according […]

SME Sector Plans Slight Growth in Turnover and Profits

Oct 2, 2023

The domestic SME sector is planning slightly higher revenue and profit growth compared to the beginning of the year: on average, they expect an 8.6% revenue and 4.4% profit growth in the next year, according to the K&H SME Confidence Index 2023 second quarter survey, the results of which were released to MTI on Monday. […]

Increasing Turnover but Loss at Nestlé Hungária

Sep 29, 2023

Nestlé Hungária Ltd. closed the first half of this year with a loss of HUF 1.86 billion on rising turnover, following a profit after tax of HUF 1.48 billion in the same period last year, the company announced on the website of the Budapest Stock Exchange (BSE) on Friday. According to the report, the loss […]

IKEA Hungary's Turnover Was Up by Almost 20% Last Year

Jan 26, 2023

IKEA Hungary achieved a turnover of HUF 130 billion in the financial year 2022, an increase of almost 20% compared to the previous year, while online sales grew at an even higher rate of 34%, the home furnishing chain told MTI on Thursday. The stores welcomed 3.5 million shoppers, while the share of online shopping […]

BUX index Surpasses 44.500 Points

Mar 21, 2021

The stock index of the Budapest Stock Exchange (BSE) rose in increasing turnover during the four-day trading week; the BUX index closed at 44,042.12 points on Friday, 330.28 points, or 0.76% higher than the previous week’s closing value. The stock market turnover was HUF 58.04 billion after last week's HUF 48.03 billion, with the leading […]

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