402 result(s) for ema in Business
Hungarian Danubius Hotel Chain Buyout Successful
- 14 Aug 2015 9:00 AM
- business
The majority shareholders of Danubius Hotels have made a successful buyout offer for outstanding shares of the company, it was announced yesterday, opening the way for the delisting of the company from the Budapest Stock Exchange.
Budapest Bank Cards Hacked
- 13 Aug 2015 3:40 AM
- business
Unknown criminals have gained access to the security settings of bankcards issued by state-owned Budapest Bank and have taken money from the accounts of its clients using ATMs abroad, Napi Gazdaság has learnt from victims. One Budapest Bank client received five or six text messages within minutes, each of them stating that Ft 50,000-60,000 had been withdrawn from his account at an ATM in Bali, ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Grexit Would Hurt Hungarian Forint In Short Term
- 29 Jun 2015 9:00 AM
- business
The forint and Poland’s zloty would be the Eastern European currencies most affected by a Greek exit from the euro, as these countries’ bond markers have highest percentage of foreign investors, according to analyst András Balatoni of ING bank. These currencies will weaken for a short period as foreigners sell their forint and zloty denominated bonds, he added.
Electric Car Maker Enters Hungary
- 16 Jun 2015 9:00 AM
- business
US electric car manufacturer Tesla has started to sell its models in Hungary, beginning with its premium ‘S’ model, news website Index reports. Tesla plans to enter Slovakia and the Czech Republic by the end of the year. The cars are sold by Business Lease Csoport, a subsidiary of AutoBinck Holding.
65,000 Foreigners Work In Hungary
- 12 Jun 2015 9:00 AM
- business
Approximately 65,000 foreigners work in Hungary, and they “take” slightly more than 1.5% of jobs, according to National Labour Office data. These include about 50,000 EU citizens working here, who do not require job permits. Of those, 34,000 have come from Romania, 9,000 from Slovakia, 1,500 from each of Poland and Germany, 900 from Great Britain, 650 from France, 550 from Italy and 350 from the ...
Investors Snap Up Masterplast Shares
- 4 Jun 2015 9:00 AM
- business
Masterplast’s main owners sold 400,000 shares in the building materials manufacturer and wholesaler at Ft 549 each at an auction on Wednesday. The price is 5.6% higher than the minimum price of Ft 520, and above Tuesday’s closing price of Ft 535. Concorde brokerage was the lead manger of the auction, which was three times oversubscribed.
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
Hungarian Danubius Hotel Chain Buyout Successful
- 14 Aug 2015 9:00 AM
- business
The majority shareholders of Danubius Hotels have made a successful buyout offer for outstanding shares of the company, it was announced yesterday, opening the way for the delisting of the company from the Budapest Stock Exchange.
Budapest Bank Cards Hacked
- 13 Aug 2015 3:40 AM
- business
Unknown criminals have gained access to the security settings of bankcards issued by state-owned Budapest Bank and have taken money from the accounts of its clients using ATMs abroad, Napi Gazdaság has learnt from victims. One Budapest Bank client received five or six text messages within minutes, each of them stating that Ft 50,000-60,000 had been withdrawn from his account at an ATM in Bali, ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Grexit Would Hurt Hungarian Forint In Short Term
- 29 Jun 2015 9:00 AM
- business
The forint and Poland’s zloty would be the Eastern European currencies most affected by a Greek exit from the euro, as these countries’ bond markers have highest percentage of foreign investors, according to analyst András Balatoni of ING bank. These currencies will weaken for a short period as foreigners sell their forint and zloty denominated bonds, he added.
Electric Car Maker Enters Hungary
- 16 Jun 2015 9:00 AM
- business
US electric car manufacturer Tesla has started to sell its models in Hungary, beginning with its premium ‘S’ model, news website Index reports. Tesla plans to enter Slovakia and the Czech Republic by the end of the year. The cars are sold by Business Lease Csoport, a subsidiary of AutoBinck Holding.
65,000 Foreigners Work In Hungary
- 12 Jun 2015 9:00 AM
- business
Approximately 65,000 foreigners work in Hungary, and they “take” slightly more than 1.5% of jobs, according to National Labour Office data. These include about 50,000 EU citizens working here, who do not require job permits. Of those, 34,000 have come from Romania, 9,000 from Slovakia, 1,500 from each of Poland and Germany, 900 from Great Britain, 650 from France, 550 from Italy and 350 from the ...
Investors Snap Up Masterplast Shares
- 4 Jun 2015 9:00 AM
- business
Masterplast’s main owners sold 400,000 shares in the building materials manufacturer and wholesaler at Ft 549 each at an auction on Wednesday. The price is 5.6% higher than the minimum price of Ft 520, and above Tuesday’s closing price of Ft 535. Concorde brokerage was the lead manger of the auction, which was three times oversubscribed.
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.