289 result(s) for acquisition
Mediaworks Denies Sale Rumour
- 31 Aug 2016 9:00 AM
- current affairs
Publishing company Mediaworks yesterday denied reports that a contract regarding its sale has been signed. In a statement, the publisher of Népszabadság, Világgazdaság and Nemzeti Sport also denied that negotiations on its sale have taken place.
Hungaryʼs Competition Office GVH Approves Property Market Transaction
- 28 Jul 2016 9:00 AM
- property
Hungaryʼs competition office GVH has approved the acquisition of direct sole control by investment fund Magyar Posta Takarék Ingatlan Befektetési Alap (MPTIA) and thereby indirect sole control by fund manager Diófa Alapkezelő of property investment company EURO-MALL Ingatlanbefektétesi, GVH said today.
EIB Supports Improvements On Key Railway Infrastructure In Hungary
- 19 Jul 2016 9:00 AM
- getting around
The European Investment Bank (EIB) is lending EUR 40 million to Hungary’s Railway Company GySEV (Gyor-Sopron-Ebenfurti Vasut Zrt) to finance the purchase of new rolling stock and introduce safety improvements. This will help to provide higher quality railway services on the Austrian-Hungarian cross-border railway network along the strategic trans-European transport corridor.
Socialists Win Court Case Against Central Bank Over Property Purchases
- 8 Jul 2016 9:00 AM
- current affairs
The National Bank of Hungary (NBH) is obliged to publish material concerning its property acquisitions under a binding court decision passed on Thursday, Socialist MP Sándor Burány told a press conference. Burány had sued the central bank to get access to reports made for its supervisory board concerning the purchases.
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Magyar Posta Real Estate Investment Fund To Purchase Ten Strip Mall Centers
- 30 Jun 2016 9:00 AM
- property
With the representation of Diófa Fund Management, Hungarian local open-ended fund Magyar Posta Real Estate Investment Fund signed an agreement on the acquisition of ten strip mall type of retail centers, according to a press release.
Diófa Fund Buys Europark Shopping Center
- 28 Jun 2016 9:00 AM
- property
Diófa Fund Management purchased Europark shopping center in Budapest from Unibail Rodamco, following a year-long cooperation, according to a press release issued today. Diófa Fund Management was legally represented during the negotiations by Jalsovszky Law Firm.
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
EC Steps Up Infringement Procedure Over Farmland Sale Restrictions
- 27 May 2016 9:00 AM
- business
The European Commission said it stepped up an infringement procedure against Hungary for restrictions on farmland. “Hungary has a very restrictive system which imposes a complete ban on the acquisition of land by legal entities and an obligation on the buyer to farm the land himself,” the commission said.
Mediaworks Denies Sale Rumour
- 31 Aug 2016 9:00 AM
- current affairs
Publishing company Mediaworks yesterday denied reports that a contract regarding its sale has been signed. In a statement, the publisher of Népszabadság, Világgazdaság and Nemzeti Sport also denied that negotiations on its sale have taken place.
Hungaryʼs Competition Office GVH Approves Property Market Transaction
- 28 Jul 2016 9:00 AM
- property
Hungaryʼs competition office GVH has approved the acquisition of direct sole control by investment fund Magyar Posta Takarék Ingatlan Befektetési Alap (MPTIA) and thereby indirect sole control by fund manager Diófa Alapkezelő of property investment company EURO-MALL Ingatlanbefektétesi, GVH said today.
EIB Supports Improvements On Key Railway Infrastructure In Hungary
- 19 Jul 2016 9:00 AM
- getting around
The European Investment Bank (EIB) is lending EUR 40 million to Hungary’s Railway Company GySEV (Gyor-Sopron-Ebenfurti Vasut Zrt) to finance the purchase of new rolling stock and introduce safety improvements. This will help to provide higher quality railway services on the Austrian-Hungarian cross-border railway network along the strategic trans-European transport corridor.
Socialists Win Court Case Against Central Bank Over Property Purchases
- 8 Jul 2016 9:00 AM
- current affairs
The National Bank of Hungary (NBH) is obliged to publish material concerning its property acquisitions under a binding court decision passed on Thursday, Socialist MP Sándor Burány told a press conference. Burány had sued the central bank to get access to reports made for its supervisory board concerning the purchases.
Hungary’s Competition Office Clears MNB Foundation’s Real Estate Purchases
- 30 Jun 2016 9:00 AM
- property
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Magyar Posta Real Estate Investment Fund To Purchase Ten Strip Mall Centers
- 30 Jun 2016 9:00 AM
- property
With the representation of Diófa Fund Management, Hungarian local open-ended fund Magyar Posta Real Estate Investment Fund signed an agreement on the acquisition of ten strip mall type of retail centers, according to a press release.
Diófa Fund Buys Europark Shopping Center
- 28 Jun 2016 9:00 AM
- property
Diófa Fund Management purchased Europark shopping center in Budapest from Unibail Rodamco, following a year-long cooperation, according to a press release issued today. Diófa Fund Management was legally represented during the negotiations by Jalsovszky Law Firm.
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
EC Steps Up Infringement Procedure Over Farmland Sale Restrictions
- 27 May 2016 9:00 AM
- business
The European Commission said it stepped up an infringement procedure against Hungary for restrictions on farmland. “Hungary has a very restrictive system which imposes a complete ban on the acquisition of land by legal entities and an obligation on the buyer to farm the land himself,” the commission said.