471 result(s) for assets
Tesco Expected To Continue Operations In Hungary
- 8 Oct 2015 2:40 AM
- shopping
Supermarket chain Tesco has concluded its portfolio reshaping and it can be expected that Tesco will continue its operations in central Europe. Earlier in September press reports speculated that Tesco could pull out of Slovakia, the Czech Republic, Hungary and Poland in the coming months.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Hungary’s PM: We Are Experiencing A Crisis Of Liberal Identity
- 17 Sep 2015 9:00 AM
- current affairs
“The whole refugee crisis, this whole migration and the whole problem of economic immigration, if viewed from the right perspective, is nothing more than an identity crisis on the part of liberalism”, Prime Minister Viktor Orbán explained in his speech at the annual Civil Picnic in Kötcse on 5 September, the full text of which was published by Hungarian weekly Demokrata on Wednesday.
Hungarian Government To Discuss Declaring State Of Emergency
- 12 Sep 2015 6:00 AM
- current affairs
At his press conference on Thursday (“Government Info 22 – Government actions explained”) the Minister of the Prime Minister’s Office János Lázár said that the Government utterly rejects any proposal for the setting up of a refugee camp in Hungary under the supervision and control of the European Commission. The Government is unable to accept edicts, he said.
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Budapest’s M3 Metro Line Could Face Shutdown At Any Moment
- 10 Aug 2015 9:00 AM
- getting around
Budapest’s public transport company BKV has disclosed dramatic information on the condition of the capital’s metro line 3, arguing that the line’s renovation cannot be delayed further. According to figures cited in a letter to the municipality’s Public Procurement Arbitration Board, over 4000 errors have occurred on metro trains running on the line since 2011, of which 36 resulted in smoke being ...
Mega Merger Takes Place In Hungary’s Media Sector
- 4 Aug 2015 9:00 AM
- business
Julius Media Holding Kft., Mediaworks Kiadó és Nyomda Kft., Mediaworks Regionális Kiadó Kft., Zöld Újság Zrt., Petőfi Lap- és Könyvkiadó Kft., Népújság Kft. Békéscsaba, Mworks Print Zrt., and Mediaworks Magazines Kiadó Kft. decided to merge into one single company on 29 June of this year, online business portal hvg.hu reported yesterday based on data from official corporate registry Cégközlöny.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Tesco Expected To Continue Operations In Hungary
- 8 Oct 2015 2:40 AM
- shopping
Supermarket chain Tesco has concluded its portfolio reshaping and it can be expected that Tesco will continue its operations in central Europe. Earlier in September press reports speculated that Tesco could pull out of Slovakia, the Czech Republic, Hungary and Poland in the coming months.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Hungary’s PM: We Are Experiencing A Crisis Of Liberal Identity
- 17 Sep 2015 9:00 AM
- current affairs
“The whole refugee crisis, this whole migration and the whole problem of economic immigration, if viewed from the right perspective, is nothing more than an identity crisis on the part of liberalism”, Prime Minister Viktor Orbán explained in his speech at the annual Civil Picnic in Kötcse on 5 September, the full text of which was published by Hungarian weekly Demokrata on Wednesday.
Hungarian Government To Discuss Declaring State Of Emergency
- 12 Sep 2015 6:00 AM
- current affairs
At his press conference on Thursday (“Government Info 22 – Government actions explained”) the Minister of the Prime Minister’s Office János Lázár said that the Government utterly rejects any proposal for the setting up of a refugee camp in Hungary under the supervision and control of the European Commission. The Government is unable to accept edicts, he said.
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Budapest’s M3 Metro Line Could Face Shutdown At Any Moment
- 10 Aug 2015 9:00 AM
- getting around
Budapest’s public transport company BKV has disclosed dramatic information on the condition of the capital’s metro line 3, arguing that the line’s renovation cannot be delayed further. According to figures cited in a letter to the municipality’s Public Procurement Arbitration Board, over 4000 errors have occurred on metro trains running on the line since 2011, of which 36 resulted in smoke being ...
Mega Merger Takes Place In Hungary’s Media Sector
- 4 Aug 2015 9:00 AM
- business
Julius Media Holding Kft., Mediaworks Kiadó és Nyomda Kft., Mediaworks Regionális Kiadó Kft., Zöld Újság Zrt., Petőfi Lap- és Könyvkiadó Kft., Népújság Kft. Békéscsaba, Mworks Print Zrt., and Mediaworks Magazines Kiadó Kft. decided to merge into one single company on 29 June of this year, online business portal hvg.hu reported yesterday based on data from official corporate registry Cégközlöny.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.