BAMC to present new flag carrier feasibility study next week

STA | Nov 8, 2019 at 12:29 PM

The state-owned bad bank has rejected reports that it had presented to former Adria Airways pilots a plan for a potential new flag carrier, while confirming for the STA that it would present to the finance and economy ministries next week calculations on the feasibility of establishment of such a company.

OTP earnings up 53% in Q3

Budapest Business Journal | Nov 8, 2019 at 12:23 PM

Third-quarter consolidated after-tax profit of OTP Bank, Hungaryʼs biggest commercial lender, rose 53% year-on-year to HUF 131.6 billion, lifted by acquisitions and stronger business activity, an earnings report released early Friday shows, state news wire MTI reports.

Fiat Chrysler, Peugeot tie-up: how does it work?

Reuters | Nov 8, 2019 at 12:06 PM

Fiat Chrysler and Peugeot owner PSA would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief executive of the combined group said on Friday.