Broadcasting company Antenna Hungary sold its digital TV unit to UK Watchcable for an undisclosed sum, business weekly HVG reported. Watchcable will start operating the unit Antenna Digital as of the beginning of March. It already provides digital TV services in three counties in Hungary since May 2008. Antenna Digital has around 37,000 clients, which corresponds to 1.5% share on the paid TV market in the country and 3.3% of the digital TV market. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more