|IBM Data Storage Systems, the Hungarian subsidiary of US IT company IBM, has completed a HUF 2bn (EUR 6.8mn) expansion of its service centre in the central Hungarian city of Szekesfehervar, Hungary AM informed. The company plans to hire 250 more employees at the centre, which will provide services to customers throughout Europe and North America.
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