103 result(s) for activities in Business
China Has Invested More Than $3 Billion In Hungary – Building Of “Trans-Serbian” Express To Go Forward
- 14 Nov 2016 8:00 AM
- business
Hungary is China’s foremost trading partner in central and eastern Europe and trade ties between the two countries are steadily intensifying, Duan Jielong, China’s ambassador to Hungary, said at a trade forum in Budapest. China has invested over 5 billion dollars in the central and eastern European region, of which more than 3 billion dollars have been invested in Hungary, the ambassador told a ...
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
Attorneys Are Being Snooped On Like It’s No One’s Business
- 22 Apr 2016 9:00 AM
- business
Panic spread among Budapest lawyers last year when it was reported that law offices were being surveilled. It was not clear who was doing the snooping but the state’s security apparatus (which includes the police, Constitutional Protection Office and even Counter Terrorism Centre TEK) couldn’t be ruled out.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Hungary’s MNB Bans Forex Company
- 13 Jan 2016 8:00 AM
- business
Pro Trade FX, a foreign-currency trader registered in the British Virgin Islands, has been banned from conducting unlicensed investment services and activities and acting as an agent in Hungary, effective immediately, the MNB has announced.
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Competition Office Approves Andy Vajna’s Acquisition Of TV2
- 2 Nov 2015 8:00 AM
- business
The competition office GVH has approved Magyar Broadcasting Co’s acquisition of direct sole control over commercial television channel TV2 and CEE Broadcasting Ltd, GVH told MTI. Magyar Broadcasting Co. is owned by the government’s film industry commissioner, producer Andy Vajna.Magyar Broadcasting Co submitted a request to GVH on October 16 to clear the acquisition of companies operating ...
China Has Invested More Than $3 Billion In Hungary – Building Of “Trans-Serbian” Express To Go Forward
- 14 Nov 2016 8:00 AM
- business
Hungary is China’s foremost trading partner in central and eastern Europe and trade ties between the two countries are steadily intensifying, Duan Jielong, China’s ambassador to Hungary, said at a trade forum in Budapest. China has invested over 5 billion dollars in the central and eastern European region, of which more than 3 billion dollars have been invested in Hungary, the ambassador told a ...
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
Attorneys Are Being Snooped On Like It’s No One’s Business
- 22 Apr 2016 9:00 AM
- business
Panic spread among Budapest lawyers last year when it was reported that law offices were being surveilled. It was not clear who was doing the snooping but the state’s security apparatus (which includes the police, Constitutional Protection Office and even Counter Terrorism Centre TEK) couldn’t be ruled out.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Hungary’s MNB Bans Forex Company
- 13 Jan 2016 8:00 AM
- business
Pro Trade FX, a foreign-currency trader registered in the British Virgin Islands, has been banned from conducting unlicensed investment services and activities and acting as an agent in Hungary, effective immediately, the MNB has announced.
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Competition Office Approves Andy Vajna’s Acquisition Of TV2
- 2 Nov 2015 8:00 AM
- business
The competition office GVH has approved Magyar Broadcasting Co’s acquisition of direct sole control over commercial television channel TV2 and CEE Broadcasting Ltd, GVH told MTI. Magyar Broadcasting Co. is owned by the government’s film industry commissioner, producer Andy Vajna.Magyar Broadcasting Co submitted a request to GVH on October 16 to clear the acquisition of companies operating ...