123 result(s) for billion forint in Property
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
Hungarian Govt Spox: Strict Laws Prevent Foreigners Buying Farmland
- 18 Jan 2016 8:00 AM
- property
Hungarian laws are very strict in preventing that foreigners should buy Hungarian farmland, government spokesman Zoltán Kovács said. Farmland auctions will continue in February, according to a Thursday announcement by government office chief János Lázár. He said only about a dozen foreigners could buy land under the scheme.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Official: Ludwig Museum Not Moving To Budapest City Park
- 31 Oct 2015 8:02 AM
- property
The Ludwig Museum will not move into the new National Gallery building planned to be built in the City Park as part of the Liget project, ministry commissioner for the project László Baán said. He told a press conference that the government decided on October 20 that the two museums would not be moved into the same building.
Govt Finalises Budapest Liget Museum Quarter Plans
- 26 Oct 2015 3:30 AM
- property
The government has finalised plans for Budapest’s large-scale Liget museum quarter with some changes, László Baán, the project’s commissioner, told a parliamentary committee. The Liget Budapest project’s original plan involved setting up five museums for Hungarian music, fine arts, architecture, ethnography and photography in City Park (Városliget).
Foreigners Prevented From Purchasing Farmland In Hungary
- 9 Oct 2015 9:00 AM
- property
The government’s programme of selling off state-owned land to farmers is aimed at preventing foreign nationals from acquiring farmland in the country, János Lázár, head of the government office, told a regular government briefing. Lázár said it was important to ensure that Hungarian farmers have the opportunity to buy state-owned land.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
Hungarian Govt Spox: Strict Laws Prevent Foreigners Buying Farmland
- 18 Jan 2016 8:00 AM
- property
Hungarian laws are very strict in preventing that foreigners should buy Hungarian farmland, government spokesman Zoltán Kovács said. Farmland auctions will continue in February, according to a Thursday announcement by government office chief János Lázár. He said only about a dozen foreigners could buy land under the scheme.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Official: Ludwig Museum Not Moving To Budapest City Park
- 31 Oct 2015 8:02 AM
- property
The Ludwig Museum will not move into the new National Gallery building planned to be built in the City Park as part of the Liget project, ministry commissioner for the project László Baán said. He told a press conference that the government decided on October 20 that the two museums would not be moved into the same building.
Govt Finalises Budapest Liget Museum Quarter Plans
- 26 Oct 2015 3:30 AM
- property
The government has finalised plans for Budapest’s large-scale Liget museum quarter with some changes, László Baán, the project’s commissioner, told a parliamentary committee. The Liget Budapest project’s original plan involved setting up five museums for Hungarian music, fine arts, architecture, ethnography and photography in City Park (Városliget).
Foreigners Prevented From Purchasing Farmland In Hungary
- 9 Oct 2015 9:00 AM
- property
The government’s programme of selling off state-owned land to farmers is aimed at preventing foreign nationals from acquiring farmland in the country, János Lázár, head of the government office, told a regular government briefing. Lázár said it was important to ensure that Hungarian farmers have the opportunity to buy state-owned land.