Article: Hungarian press review 25/10/2007 - Companies & Business.

Hungarian press review 25/10/2007 - Companies & Business

BUDAPEST. OCTOBER 25. INTERFAX CENTRAL EUROPE - BANKING: OTP Opens Cyprus Arm - Hungary's leading retail bank OTP has launched a subsidiary in Cyprus, OTP Financing Cyprus Company Limited. The new offshore firm was established with core capital of EUR 1,000, and is 100% owned by OTP. Its goal is to optimize financial transactions performed within the OTP group, the bank announced. [Vilaggazdasag]

ELECTRONICS: American Laird to Install Further Production Capacities - USA-based Laird C.I. Holdings Ltd, one of the world's largest electronic components manufacturers, is to relocate further production ...

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