254 result(s) for aid in Business
Hungary's State Energy Company MVM To Buy German Investor's Stake
- 10 Dec 2013 8:00 AM
- business
State energy company MVM will buy German investor RWE’s 49.83% stake in Budapest gas distributor Fõgáz, according to reports. A high ranking RWE representative met state officials and Budapest mayor István Tarlós last week, as the city owns 50% of the company. Retail shareholders have 0.17% of Fõgáz shares.
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
South Stream Deals With Seven European Countries, Including Hungary May Violate EU law
- 5 Dec 2013 8:00 AM
- business
Bilateral agreements on the South Stream gas pipeline are a violation of EU law, the European Commission declared yesterday. The agreements concluded by Russia with seven European countries, including Hungary, must be renegotiated, the European Commission’s director for energy markets Klaus-Dieter Borchardt told the European Parliament on Wednesday.
Vehicle Exports Boost Trade Surplus In Hungary
- 4 Dec 2013 8:00 AM
- business
The trade surplus widened to €830 million in September, the highest figure since February 2011, as exports rose 12.7% to €7.3 billion and imports 12% to €6.5 billion, according to final data from the Central Statistics Office.
Minimum Wage In Hungary To Rise Above Ft 101,500
- 3 Dec 2013 8:00 AM
- business
The minimum monthly wage is set to rise by 3.6% next year to Ft 101,500, outpacing inflation, as agreed by employee and employers groups in the Government Standing Consultation Forum, state secretary Sándor Czomba announced.
Investment Volume In Hungary Rises 10%
- 2 Dec 2013 8:00 AM
- business
The volume of investments was up 9.8% year-on-year in the third quarter, the largest expansion in ten years, the Central Statistics Office announced on Friday.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Japanese Car Parts Manufacturer Takata Investing Ft 20bn In Miskolc, Hungary
- 18 Nov 2013 8:00 AM
- business
Japanese car parts manufacturer Takata is investing more than Ft 20 billion to build a factory in Miskolc, chairman Stephan Stocker and Prime Minister Viktor Orbán announced on Friday.
Inflation Declines To 39-Year Low In Hungary
- 14 Nov 2013 10:30 AM
- business
Twelve-month inflation fell to a 39-year low of 0.9% in October, according to data from the Central Statistics Office. Inflation has not been so low since a 0.6% level was recorded in 1974 .
Hungary's State Energy Company MVM To Buy German Investor's Stake
- 10 Dec 2013 8:00 AM
- business
State energy company MVM will buy German investor RWE’s 49.83% stake in Budapest gas distributor Fõgáz, according to reports. A high ranking RWE representative met state officials and Budapest mayor István Tarlós last week, as the city owns 50% of the company. Retail shareholders have 0.17% of Fõgáz shares.
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
South Stream Deals With Seven European Countries, Including Hungary May Violate EU law
- 5 Dec 2013 8:00 AM
- business
Bilateral agreements on the South Stream gas pipeline are a violation of EU law, the European Commission declared yesterday. The agreements concluded by Russia with seven European countries, including Hungary, must be renegotiated, the European Commission’s director for energy markets Klaus-Dieter Borchardt told the European Parliament on Wednesday.
Vehicle Exports Boost Trade Surplus In Hungary
- 4 Dec 2013 8:00 AM
- business
The trade surplus widened to €830 million in September, the highest figure since February 2011, as exports rose 12.7% to €7.3 billion and imports 12% to €6.5 billion, according to final data from the Central Statistics Office.
Minimum Wage In Hungary To Rise Above Ft 101,500
- 3 Dec 2013 8:00 AM
- business
The minimum monthly wage is set to rise by 3.6% next year to Ft 101,500, outpacing inflation, as agreed by employee and employers groups in the Government Standing Consultation Forum, state secretary Sándor Czomba announced.
Investment Volume In Hungary Rises 10%
- 2 Dec 2013 8:00 AM
- business
The volume of investments was up 9.8% year-on-year in the third quarter, the largest expansion in ten years, the Central Statistics Office announced on Friday.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Japanese Car Parts Manufacturer Takata Investing Ft 20bn In Miskolc, Hungary
- 18 Nov 2013 8:00 AM
- business
Japanese car parts manufacturer Takata is investing more than Ft 20 billion to build a factory in Miskolc, chairman Stephan Stocker and Prime Minister Viktor Orbán announced on Friday.
Inflation Declines To 39-Year Low In Hungary
- 14 Nov 2013 10:30 AM
- business
Twelve-month inflation fell to a 39-year low of 0.9% in October, according to data from the Central Statistics Office. Inflation has not been so low since a 0.6% level was recorded in 1974 .