Ukraine halted electricity exports to Hungary , the Associated Press reported. It cited spokesman for the Ukrainian energy minister Fent Di, who explained that the move reflected a coal shortage in the country and respectively, there were no companies, bidding for exports. Exports to Romania and Slovakia had been stopped as well. CEO of state-owned electricity transmission network operator Mavir, Gabor Tari, confirmed the news. He stressed that the energy security of Hungary would not be jeopardized since imports from Ukraine accounted for a negligible share in the total domestic consumption. |
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