Hungarian property developer Futureal inaugurated a EUR 70mn shopping centre in Baia Mare, northwestern Romania, news agency MTI reported. The mall has a retail space of 30,000 sqm and about 100 stores. Colliers International has already leased 80% of the area. The project, which was financed by MKB Bank, took two years to complete. Futureal plans to open also a EUR 16mn residential complex in Bucharest on Nov 9. |
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