157 result(s) for 2.5 million
Budapest Chooses Russian Bidder To Refurbish 222 Subway Cars
- 16 Jul 2015 9:00 AM
- getting around
Russian-owned Metrovagonmas has been awarded a HUF 69 billion (USD 250 million) contract to refurbish 222 of Budapest Transportation Authority’s (BKV Zrt.) subway cars, many of which are more than thirty years old. Hungarian news site Index.hu reports BKV rejected an offer from Estonia’s Skinest Rail that was 11 percent cheaper for “being too low”, even though it was only some 2.5 percent lower ...
MTEL Focuses On Network Developments To Retain Clients
- 14 May 2015 9:00 AM
- tech
Magyar Telekom will focus on network developments this year to boost customer satisfaction and reduce churn, the company’s chief financial officer, János Szabó said after the company published its first-quarter earnings. MTel will make developments in both its mobile and fixed line networks, Szabó said. MTel expects to spend about 105 billion forints on investments this year, according to ...
Hungarian Govt To Buy 10 Bogányi Modern Pianos
- 27 Apr 2015 12:00 PM
- community & culture
The government has decided to purchase ten Bogányi pianos. The economy minister and the human resources minister have been asked to put aside 764.054 million forints (EUR 2.54m) for the purchase of the Hungarian-developed pianos within the HR ministry’s budget.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Petőfi Scheme To Strengthen Ethnic Hungarians’ Identity
- 13 Mar 2015 8:00 AM
- community & culture
The government’s Petőfi Sándor Programme to be launched on March 15 is expected to strengthen the identity of ethnic Hungarians in areas where its community is a diaspora and their number is decreasing, the state secretary for ethnic Hungarian communities abroad said.
Brussels Notes High Growth, Rising Employment In Hungary
- 20 Feb 2015 8:01 AM
- business
A European Commission report containing a survey of Hungary’s economic performance notes high growth, rising employment and low inflation. The EU balance of payments assistance to Hungary sixth review said that high growth had been boosted by “several one-offs and stimulus measures”.
Ball Of Hungarian Wines, Hotel InterContinental Budapest, 21 February
- 17 Feb 2015 8:00 AM
- food & drink
"It is the tenth occasion in 2015 that this great event of Hungarian wines is going to be held. The event deliberately differs from general Hungarian wine events both in terms of content and participants.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Hungary’s Economy On Long-Term Growth Path, Says Fidesz
- 29 Jan 2015 8:00 AM
- business
The government has succeeded in putting the national economy on a growth path and is committed to maintaining this trend in 2015, the spokesman of ruling Fidesz’s parliamentary group said. Bence Tuzson said that a total 12,000 billion forints (EUR 38.5bn) in European Union funds would be available to Hungary in the next seven years, and those funds, together with the country’s performance, could ...
Budapest Chooses Russian Bidder To Refurbish 222 Subway Cars
- 16 Jul 2015 9:00 AM
- getting around
Russian-owned Metrovagonmas has been awarded a HUF 69 billion (USD 250 million) contract to refurbish 222 of Budapest Transportation Authority’s (BKV Zrt.) subway cars, many of which are more than thirty years old. Hungarian news site Index.hu reports BKV rejected an offer from Estonia’s Skinest Rail that was 11 percent cheaper for “being too low”, even though it was only some 2.5 percent lower ...
MTEL Focuses On Network Developments To Retain Clients
- 14 May 2015 9:00 AM
- tech
Magyar Telekom will focus on network developments this year to boost customer satisfaction and reduce churn, the company’s chief financial officer, János Szabó said after the company published its first-quarter earnings. MTel will make developments in both its mobile and fixed line networks, Szabó said. MTel expects to spend about 105 billion forints on investments this year, according to ...
Hungarian Govt To Buy 10 Bogányi Modern Pianos
- 27 Apr 2015 12:00 PM
- community & culture
The government has decided to purchase ten Bogányi pianos. The economy minister and the human resources minister have been asked to put aside 764.054 million forints (EUR 2.54m) for the purchase of the Hungarian-developed pianos within the HR ministry’s budget.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Petőfi Scheme To Strengthen Ethnic Hungarians’ Identity
- 13 Mar 2015 8:00 AM
- community & culture
The government’s Petőfi Sándor Programme to be launched on March 15 is expected to strengthen the identity of ethnic Hungarians in areas where its community is a diaspora and their number is decreasing, the state secretary for ethnic Hungarian communities abroad said.
Brussels Notes High Growth, Rising Employment In Hungary
- 20 Feb 2015 8:01 AM
- business
A European Commission report containing a survey of Hungary’s economic performance notes high growth, rising employment and low inflation. The EU balance of payments assistance to Hungary sixth review said that high growth had been boosted by “several one-offs and stimulus measures”.
Ball Of Hungarian Wines, Hotel InterContinental Budapest, 21 February
- 17 Feb 2015 8:00 AM
- food & drink
"It is the tenth occasion in 2015 that this great event of Hungarian wines is going to be held. The event deliberately differs from general Hungarian wine events both in terms of content and participants.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Hungary’s Economy On Long-Term Growth Path, Says Fidesz
- 29 Jan 2015 8:00 AM
- business
The government has succeeded in putting the national economy on a growth path and is committed to maintaining this trend in 2015, the spokesman of ruling Fidesz’s parliamentary group said. Bence Tuzson said that a total 12,000 billion forints (EUR 38.5bn) in European Union funds would be available to Hungary in the next seven years, and those funds, together with the country’s performance, could ...