Hello, Magyar corruption?

When Alexander Graham Bell invented the telephone, he had no idea that it could also be used for corruption purposes, so loud that it can be heard on the other side of the Atlantic. The US Securities and Exchange Commission (SEC) has accused Hungary’s telecommunications group Magyar Telekom (alias MATAV) of serious corruption, via its [...]

Nokia sacks CEO, expands in Hungary

Nokia Siemens Networks has picked Budapest for its global railway communications center, the company’s Hungarian MD Robert Esik said at a press conference on Monday. The move is claimed to create 100 jobs this year. Hungarian Economic Minister Gyorgy Matolcsy and Finnish Prime Minister Mari Kiviniemi, on an official Hungarian visit this week, toured the [...]

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