473 result(s) for assets
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
Suburban Railways To Be Separated From BKV
- 1 Sep 2016 9:00 AM
- getting around
The operations of suburban railway (HÉV) will be separated from those of the Budapest transport company (BKV) from Nov. 1, the metropolitan general assembly decided. The government decided in February this year to prepare the ground for the suburban railway to be taken over by the state.
Hungary’s Quota Referendum To Encourage Other Countries
- 19 Aug 2016 9:00 AM
- current affairs
Hungary’s upcoming referendum on migrant quotas could encourage other countries with a similar foreign policy position, House Speaker László Kövér said in an interview published in weekly Heti Válasz on Thursday. Concerning the outcome of the referendum, Kövér said “it would be difficult to conceive that the European Union should in a political sense neglect the opinion of a member country’s ...
Hungarian Personal Bankruptcy Law Failure, Says LMP
- 16 Aug 2016 9:00 AM
- current affairs
Green opposition LMP has branded Hungary’s personal bankruptcy law a failure and proposed that the legislation should be changed to make debt repayment fairer and allow lower-income debtors to file for personal bankruptcy as well.
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
Hungary’s Development Policy State Secretary Sues Transparency Website
- 10 Aug 2016 9:00 AM
- current affairs
Development policy state secretary László Tasó has filed a complaint with Budapest Police because of harassment after investigative website Direkt36 reported on flaws in his official declaration of assets.
Zsolnay Repays Debt, Requests End Of Liquidation
- 9 Aug 2016 9:00 AM
- business
Bachar Najari, the majority owner Hungarian porcelain maker Zsolnay, on Wednesday repaid all of its debts owed to West Hungaria Bau, and asked the Zalaegerszeg court yesterday to immediately terminate a liquidation procedure against the company and to end the custodial oversight of Zsolnay, the company said in a statement.
CIB H1 Profit Reaches HUF 12.9 Bln
- 9 Aug 2016 9:00 AM
- business
The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a HUF 20.9 bln loss in the corresponding period of 2015, the lender revealed Monday.
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.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
Suburban Railways To Be Separated From BKV
- 1 Sep 2016 9:00 AM
- getting around
The operations of suburban railway (HÉV) will be separated from those of the Budapest transport company (BKV) from Nov. 1, the metropolitan general assembly decided. The government decided in February this year to prepare the ground for the suburban railway to be taken over by the state.
Hungary’s Quota Referendum To Encourage Other Countries
- 19 Aug 2016 9:00 AM
- current affairs
Hungary’s upcoming referendum on migrant quotas could encourage other countries with a similar foreign policy position, House Speaker László Kövér said in an interview published in weekly Heti Válasz on Thursday. Concerning the outcome of the referendum, Kövér said “it would be difficult to conceive that the European Union should in a political sense neglect the opinion of a member country’s ...
Hungarian Personal Bankruptcy Law Failure, Says LMP
- 16 Aug 2016 9:00 AM
- current affairs
Green opposition LMP has branded Hungary’s personal bankruptcy law a failure and proposed that the legislation should be changed to make debt repayment fairer and allow lower-income debtors to file for personal bankruptcy as well.
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
Hungary’s Development Policy State Secretary Sues Transparency Website
- 10 Aug 2016 9:00 AM
- current affairs
Development policy state secretary László Tasó has filed a complaint with Budapest Police because of harassment after investigative website Direkt36 reported on flaws in his official declaration of assets.
Zsolnay Repays Debt, Requests End Of Liquidation
- 9 Aug 2016 9:00 AM
- business
Bachar Najari, the majority owner Hungarian porcelain maker Zsolnay, on Wednesday repaid all of its debts owed to West Hungaria Bau, and asked the Zalaegerszeg court yesterday to immediately terminate a liquidation procedure against the company and to end the custodial oversight of Zsolnay, the company said in a statement.
CIB H1 Profit Reaches HUF 12.9 Bln
- 9 Aug 2016 9:00 AM
- business
The Italian-owned CIB Group had after-tax profit of HUF 12.9 bln in the first half, a huge improvement over a HUF 20.9 bln loss in the corresponding period of 2015, the lender revealed Monday.
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.
















