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Article: Online advertising market surpasses HUF 1 billion in H1, 65% growth.
- Article from:
- Hungary Business News
- Article date:
- July 21, 2004
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Online advertising market surpasses HUF 1 billion in H1, 65% growth
Budapest. July 21. INTERFAX-EUROPE - Hungary's online advertising market is estimated to have grown by 65% in the first half of this year compared to H1 2003, according to Sandor Mester, sales director of Origo, the flagship portal site of dominant telecom Mata's ISP subisidary Axelero.
The Online Advertising Index, whose member companies absorb some 70-80% of all online advertising spending in Hungary, showed online ad spending at over HUF 1 billion in H1 this year and HUF 670 million in Q2 alone, Mester noted. The latter figure shows 76% growth over the same period last year.
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