265 result(s) for bankrupt
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.
Hungarian Central Debrecen Hotel For Sale Again
- 17 Nov 2010 12:00 AM
- travel
"The liquidator has announced that the three hotels in eastern Hungary belonging to bankrupt concern Cívis Hotels are again for sale. The well-known hotel Aranybika and Best Western in Debrecen are on offer, as is the Hotel Délibáb in nearby Hajdúszoboszló.
Video: Out On The Streets In Hungary With Deutche Welle TV
- 30 Aug 2010 1:00 AM
- video
"A year ago, Hungary almost went bankrupt. Since then, the country has been following a strict austerity plan. Institutions for the mentally ill have been closed, and now many are homeless.
Angry Subcontractors Continue Protest In Hungary
- 17 May 2010 2:00 AM
- current affairs
"Unpaid subcontractors of construction company Szeviep have begun to refill land with gravel on the M43 motorway near Szeged. The companies’ lawyer said they will not stop until they are paid for their work.
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Hungary's Aggtelek National Park Goes Under
- 9 Mar 2010 12:00 AM
- current affairs
"Aggtelek National Park (ANP) has gone bankrupt with only Ft 20 million in its account, which is only sufficient to pay its staff salaries, Magyar Hírlap reports.
Ben Hur Live Date In Budapest Changed Again
- 1 Mar 2010 2:00 AM
- entertainment
"Multimedia, the local promoter of Ben Hur Live show in Budapest announce with regret that due to financial failure of the producers, the German Art-Concerts GmbH, the spectacles of 27/28 February as well as the other European shows will be postponed. A new company took over the tour organization and they will move the whole production to autumn 2010. The new date for the Budapest show is 17/18 ...
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.
Hungarian Central Debrecen Hotel For Sale Again
- 17 Nov 2010 12:00 AM
- travel
"The liquidator has announced that the three hotels in eastern Hungary belonging to bankrupt concern Cívis Hotels are again for sale. The well-known hotel Aranybika and Best Western in Debrecen are on offer, as is the Hotel Délibáb in nearby Hajdúszoboszló.
Video: Out On The Streets In Hungary With Deutche Welle TV
- 30 Aug 2010 1:00 AM
- video
"A year ago, Hungary almost went bankrupt. Since then, the country has been following a strict austerity plan. Institutions for the mentally ill have been closed, and now many are homeless.
Angry Subcontractors Continue Protest In Hungary
- 17 May 2010 2:00 AM
- current affairs
"Unpaid subcontractors of construction company Szeviep have begun to refill land with gravel on the M43 motorway near Szeged. The companies’ lawyer said they will not stop until they are paid for their work.
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Hungary's Aggtelek National Park Goes Under
- 9 Mar 2010 12:00 AM
- current affairs
"Aggtelek National Park (ANP) has gone bankrupt with only Ft 20 million in its account, which is only sufficient to pay its staff salaries, Magyar Hírlap reports.
Ben Hur Live Date In Budapest Changed Again
- 1 Mar 2010 2:00 AM
- entertainment
"Multimedia, the local promoter of Ben Hur Live show in Budapest announce with regret that due to financial failure of the producers, the German Art-Concerts GmbH, the spectacles of 27/28 February as well as the other European shows will be postponed. A new company took over the tour organization and they will move the whole production to autumn 2010. The new date for the Budapest show is 17/18 ...


















