262 result(s) for bankrupt
Malév Grounding: Lay-Offs At Budapest Airport
- 15 Feb 2012 1:00 AM
- current affairs
"Budapest Airport has officially announced that the process of mass redundancy has been started at the airport in connection with the bankruptcy of Malév Hungarian Airlines. Budapest Airport has notified the relevant labor authorities and has called the unions to start consultations about the lay-offs.
Hungarian State May Have To Pay Ft 1,000bn Due To Malev Collapse
- 13 Feb 2012 8:10 AM
- current affairs
"The state may be obliged to pay up to Ft 1 trillion to Liszt Ferenc Airport operator Budapest Airport due to the collapse of Malev airlines, government accountability commissioner Gyula Budai declared last week. The Development Ministry said in a “White Book” published in December that the state’s liability in such a scenario would be Ft 450 billion.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Updated: Important Passenger Notice From Malév
- 8 Feb 2012 8:00 AM
- travel
"Dear Passengers, concerning your travel, we suggest that you ask other airlines about their offers or, if possible, you choose an alternative method of transport.
Ryanair To Open Budapest Base, 31 New Routes
- 3 Feb 2012 9:00 AM
- travel
Following the grounding of Malév today Ryanair announced that it intends to launch 'a rescue plan' for Hungarian air travel and tourism. Ryanair confirmed that it will base 4 new Boeing 737-800 aircraft at Budapest Airport commencing Friday 17th February. Fares will start from EURO 9.99 ...
Nordsee Venture Flounders in Hungary
- 20 Jan 2012 8:00 AM
- food & drink
"Mafish, owner of the Hungarian franchise rights of German premium seafood chain Nordsee, sought bankruptcy protection on December 30, having amassed Ft 300 million in debt, news website Index reports, citing data from company information provider Opten.
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Elaborate Excise Tax Scam Uncovered In Hungary
- 3 Jan 2012 8:00 AM
- current affairs
"Tax and Customs Office (NAV) agents have captured a gang which had been trafficking in oil products from Austria and Germany, in a nationwide operation. The group reportedly deprived the state of Ft 1 billion in revenue by circumventing tax regulations in one of the most well-organised excise tax crimes of recent years, Magyar Hirlap writes.
Coalition To Protest Outside Opera In Budapest
- 1 Jan 2012 8:10 AM
- current affairs
"The Democratic Coalition led by former prime minister Ferenc Gyurcsány will demonstrate outside the Opera House on the evening of January 2 as a gala event is held to mark the entry into force of the new Basic Law.
Malév Grounding: Lay-Offs At Budapest Airport
- 15 Feb 2012 1:00 AM
- current affairs
"Budapest Airport has officially announced that the process of mass redundancy has been started at the airport in connection with the bankruptcy of Malév Hungarian Airlines. Budapest Airport has notified the relevant labor authorities and has called the unions to start consultations about the lay-offs.
Hungarian State May Have To Pay Ft 1,000bn Due To Malev Collapse
- 13 Feb 2012 8:10 AM
- current affairs
"The state may be obliged to pay up to Ft 1 trillion to Liszt Ferenc Airport operator Budapest Airport due to the collapse of Malev airlines, government accountability commissioner Gyula Budai declared last week. The Development Ministry said in a “White Book” published in December that the state’s liability in such a scenario would be Ft 450 billion.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Updated: Important Passenger Notice From Malév
- 8 Feb 2012 8:00 AM
- travel
"Dear Passengers, concerning your travel, we suggest that you ask other airlines about their offers or, if possible, you choose an alternative method of transport.
Ryanair To Open Budapest Base, 31 New Routes
- 3 Feb 2012 9:00 AM
- travel
Following the grounding of Malév today Ryanair announced that it intends to launch 'a rescue plan' for Hungarian air travel and tourism. Ryanair confirmed that it will base 4 new Boeing 737-800 aircraft at Budapest Airport commencing Friday 17th February. Fares will start from EURO 9.99 ...
Nordsee Venture Flounders in Hungary
- 20 Jan 2012 8:00 AM
- food & drink
"Mafish, owner of the Hungarian franchise rights of German premium seafood chain Nordsee, sought bankruptcy protection on December 30, having amassed Ft 300 million in debt, news website Index reports, citing data from company information provider Opten.
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Elaborate Excise Tax Scam Uncovered In Hungary
- 3 Jan 2012 8:00 AM
- current affairs
"Tax and Customs Office (NAV) agents have captured a gang which had been trafficking in oil products from Austria and Germany, in a nationwide operation. The group reportedly deprived the state of Ft 1 billion in revenue by circumventing tax regulations in one of the most well-organised excise tax crimes of recent years, Magyar Hirlap writes.
Coalition To Protest Outside Opera In Budapest
- 1 Jan 2012 8:10 AM
- current affairs
"The Democratic Coalition led by former prime minister Ferenc Gyurcsány will demonstrate outside the Opera House on the evening of January 2 as a gala event is held to mark the entry into force of the new Basic Law.