254 result(s) for aid in Business
Hungarian Gov’t Offers Tax Relief To Banks
- 19 Feb 2013 8:00 AM
- business
The government is planning to increase the amount that can be deducted from the bank tax, if banks expand their loans, Economy Ministry state secretary Gyula Pleschinger said in a Monday interview.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Hungary's Forint Apparently Undervalued
- 4 Feb 2013 8:00 AM
- business
A Big Mac costs Ft 830 or $3.82 in Hungary compared to $4.37 in the US, suggesting that the forint is 12.6% undervalued against the dollar, the British business weekly Economist found in its latest survey. A Big Mac costs $3.72 in the Czech Republic and $2.94 in Poland.
Hungary's Tokaj Targets Russian Market
- 30 Jan 2013 8:00 AM
- business
Tokaj Kereskedõház increased its pre-tax profit to Ft 65 million in 2012, up from Ft 60 million one year earlier, the state-owned wine maker and trader announced. This year’s pre-tax profit target is Ft 70-75 million, said CEO István Kiss
Few Choose New Small Tax Scheme In Hungary
- 4 Jan 2013 8:00 AM
- business
As of January 2, some 47,400 business have switched to the self-employed business tax “kata” and some 5,100 to the new small company tax “kiva”, the tax office announced yesterday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
Volksbank, Citibank Closing Branches In Hungary
- 27 Nov 2012 8:00 AM
- business
Magyarországi Volksbank will close 11 of its 62 branches on Friday, the Austrian-owned bank has announced. After November 30, clients will be transferred to other Volksbank units. Financial details of the cutback will not be made public.
Accountants In Hungary Question 19% Of Expenses
- 20 Nov 2012 8:00 AM
- business
Accountants believe that 19% of total costs claimed by companies are questionable, according to a survey of 1,500 accountants. The study by chartered tax experts association Moklasz and training centre Penta Unió found that accountants felt they were aware of about 13% of all irregular invoices, the same figure as in 2011.
Hungarian Gov’t Offers Tax Relief To Banks
- 19 Feb 2013 8:00 AM
- business
The government is planning to increase the amount that can be deducted from the bank tax, if banks expand their loans, Economy Ministry state secretary Gyula Pleschinger said in a Monday interview.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Hungary's Forint Apparently Undervalued
- 4 Feb 2013 8:00 AM
- business
A Big Mac costs Ft 830 or $3.82 in Hungary compared to $4.37 in the US, suggesting that the forint is 12.6% undervalued against the dollar, the British business weekly Economist found in its latest survey. A Big Mac costs $3.72 in the Czech Republic and $2.94 in Poland.
Hungary's Tokaj Targets Russian Market
- 30 Jan 2013 8:00 AM
- business
Tokaj Kereskedõház increased its pre-tax profit to Ft 65 million in 2012, up from Ft 60 million one year earlier, the state-owned wine maker and trader announced. This year’s pre-tax profit target is Ft 70-75 million, said CEO István Kiss
Few Choose New Small Tax Scheme In Hungary
- 4 Jan 2013 8:00 AM
- business
As of January 2, some 47,400 business have switched to the self-employed business tax “kata” and some 5,100 to the new small company tax “kiva”, the tax office announced yesterday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
Volksbank, Citibank Closing Branches In Hungary
- 27 Nov 2012 8:00 AM
- business
Magyarországi Volksbank will close 11 of its 62 branches on Friday, the Austrian-owned bank has announced. After November 30, clients will be transferred to other Volksbank units. Financial details of the cutback will not be made public.
Accountants In Hungary Question 19% Of Expenses
- 20 Nov 2012 8:00 AM
- business
Accountants believe that 19% of total costs claimed by companies are questionable, according to a survey of 1,500 accountants. The study by chartered tax experts association Moklasz and training centre Penta Unió found that accountants felt they were aware of about 13% of all irregular invoices, the same figure as in 2011.