732 result(s) for asset
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
More Than 140 Million Euros Deposited On Accounts Conferring Tax Amnesty
- 21 Jul 2016 9:00 AM
- business
Hungarians deposited 44.1 billion forints (EUR 140m) in newly opened Stability Savings Accounts in the first half of the year, the daily Magyar Nemzet said on Wednesday, citing data from the National Tax and Customs Authority. (NAV). The money was deposited on 550 accounts, the paper said.
Central Bank Foundation To Obtain Historic Várkert Casino For EUR 10.5 M
- 7 Jul 2016 9:00 AM
- property
A foundation of the National Bank of Hungary will purchase the Várkert Casino building on the western waterfront of the Danube in central Budapest for a total of 10.5 million euros, the foundation announced on Wednesday. The Pallas Athene Domus Innovationis Foundation will use the historic building, a World Heritage site, to host scientific conferences, as well as contemporary art exhibitions and ...
The Pallas Athena Foundations: Real Estate Investments
- 4 Jul 2016 9:00 AM
- property
The Pallas Athena Foundations were established by the National Bank of Hungary (MNB) to “contribute to the common good” by funding a variety of educational programmes in different fields. Recently, the six foundations have begun to shift their capital from government bonds to real estate.
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.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Posta Fund Buys Shopping Malls
- 29 Jun 2016 9:00 AM
- business
Diófa Alapkezelõ, the asset manager of property fund Magyar Posta Takarék, purchased 10 shopping malls for the fund in one transaction. The malls are located in Pécs, Dunaújváros, Székesfehérvár, Szombathely, Ajka, Szentes, Kazincbarcika, Kiskunhalas, Esztergom and Budakeszi.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Paks Project Financier Faces Problems
- 17 Jun 2016 9:00 AM
- current affairs
Vnesheconombank the Russian lender chosen to finance the expansion of the Paks nuclear power plant, is facing serious financial difficulties, Bloomberg news agency reports. The bank needs a $20 billion bailout package, according to the report.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
More Than 140 Million Euros Deposited On Accounts Conferring Tax Amnesty
- 21 Jul 2016 9:00 AM
- business
Hungarians deposited 44.1 billion forints (EUR 140m) in newly opened Stability Savings Accounts in the first half of the year, the daily Magyar Nemzet said on Wednesday, citing data from the National Tax and Customs Authority. (NAV). The money was deposited on 550 accounts, the paper said.
Central Bank Foundation To Obtain Historic Várkert Casino For EUR 10.5 M
- 7 Jul 2016 9:00 AM
- property
A foundation of the National Bank of Hungary will purchase the Várkert Casino building on the western waterfront of the Danube in central Budapest for a total of 10.5 million euros, the foundation announced on Wednesday. The Pallas Athene Domus Innovationis Foundation will use the historic building, a World Heritage site, to host scientific conferences, as well as contemporary art exhibitions and ...
The Pallas Athena Foundations: Real Estate Investments
- 4 Jul 2016 9:00 AM
- property
The Pallas Athena Foundations were established by the National Bank of Hungary (MNB) to “contribute to the common good” by funding a variety of educational programmes in different fields. Recently, the six foundations have begun to shift their capital from government bonds to real estate.
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.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Posta Fund Buys Shopping Malls
- 29 Jun 2016 9:00 AM
- business
Diófa Alapkezelõ, the asset manager of property fund Magyar Posta Takarék, purchased 10 shopping malls for the fund in one transaction. The malls are located in Pécs, Dunaújváros, Székesfehérvár, Szombathely, Ajka, Szentes, Kazincbarcika, Kiskunhalas, Esztergom and Budakeszi.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Paks Project Financier Faces Problems
- 17 Jun 2016 9:00 AM
- current affairs
Vnesheconombank the Russian lender chosen to finance the expansion of the Paks nuclear power plant, is facing serious financial difficulties, Bloomberg news agency reports. The bank needs a $20 billion bailout package, according to the report.