2,265 result(s) for billion forint
Hungary Economy Loses 700 M Euros Due To Fake Products
- 6 Dec 2016 6:00 AM
- shopping
The distribution of fake cosmetics, clothes, shoes, records, alcoholic beverages and medications cause annual losses of an estimated 207 billion forints (691.5m euros) to the Hungarian economy, the European Union Intellectual Property Office (EUIPO) reported. EUIPO said that the amount accounted for 12.2% of the total revenue of those sectors.
Hungarians Make 8% More Foreign Trips In Third Quarter
- 5 Dec 2016 12:49 PM
- hungarymatters.hu
- travel
Hungarians made 5.53 million trips abroad in the third quarter of 2016, 7.7% more than in the same period last year, a report by the Central Statistical Office (KSH) shows. Data show that 3.1 million trips were one-day trips and 2.35 million were for a longer time period.
Hungarians Make 8% More Foreign Trips In Third Quarter
- 5 Dec 2016 6:05 AM
- travel
Hungarians made 5.53 million trips abroad in the third quarter of 2016, 7.7% more than in the same period last year, a report by the Central Statistical Office (KSH) shows. Data show that 3.1 million trips were one-day trips and 2.35 million were for a longer time period.
Hungary’s Grey Economy Shrinking, Says Nézőpont
- 3 Dec 2016 7:15 AM
- business
Hungary’s grey economy has been shrinking over the past 13 years to total about 6.5-7 billion forints (EUR 21-22m) last year, Sámuel Ágoston Mráz, chief executive of the Nézőpont Institute, said, citing fresh data. In 2003 the size of the grey economy was estimated at 25% of gross domestic product (GDP) and this fell to 23.3% in 2010 and 21.9% in 2015, he said.
Govt To Focus On Boosting Mobility, Training To Tackle Labour Shortage
- 2 Dec 2016 6:06 AM
- business
In efforts to alleviate labour shortages, the government plans to boost regional mobility and training, an economy ministry official said at a forum organised by the Budapest Chamber of Commerce and Industry and National Trade Association. Péter Cseresnyés, state secretary for labour and training, said that Hungary’s labour market was characterised by both unemployment and a labour shortage.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
Orbán: Hungary Backs Ukraine’s EU Members Hip Bid
- 25 Nov 2016 8:00 AM
- current affairs
Hungary supports Ukraine’s aspiration to become a member of the European Union, Prime Minister Viktor Orbán said at a joint news conference held after meeting his Ukrainian counterpart Volodymyr Groysman. Orban also said it was a “moral duty” of the EU to grant Ukraine visa-free status.
US Medical Tech Company Becton Dickinson Expands Plant With EUR 110m Investment
- 24 Nov 2016 8:00 AM
- tech
US medical technology company Becton Dickinson is investing 34 billion forints (EUR 110m) to expand its syringe plant in Tatabanya, in north-west Hungary, Péter Szijjártó, the minister of foreign affairs and trade, announced on Wednesday. The government is supporting the investment with an additional 2.7 billion forint grant, he added.
Hungary Economy Loses 700 M Euros Due To Fake Products
- 6 Dec 2016 6:00 AM
- shopping
The distribution of fake cosmetics, clothes, shoes, records, alcoholic beverages and medications cause annual losses of an estimated 207 billion forints (691.5m euros) to the Hungarian economy, the European Union Intellectual Property Office (EUIPO) reported. EUIPO said that the amount accounted for 12.2% of the total revenue of those sectors.
Hungarians Make 8% More Foreign Trips In Third Quarter
- 5 Dec 2016 12:49 PM
- hungarymatters.hu
- travel
Hungarians made 5.53 million trips abroad in the third quarter of 2016, 7.7% more than in the same period last year, a report by the Central Statistical Office (KSH) shows. Data show that 3.1 million trips were one-day trips and 2.35 million were for a longer time period.
Hungarians Make 8% More Foreign Trips In Third Quarter
- 5 Dec 2016 6:05 AM
- travel
Hungarians made 5.53 million trips abroad in the third quarter of 2016, 7.7% more than in the same period last year, a report by the Central Statistical Office (KSH) shows. Data show that 3.1 million trips were one-day trips and 2.35 million were for a longer time period.
Hungary’s Grey Economy Shrinking, Says Nézőpont
- 3 Dec 2016 7:15 AM
- business
Hungary’s grey economy has been shrinking over the past 13 years to total about 6.5-7 billion forints (EUR 21-22m) last year, Sámuel Ágoston Mráz, chief executive of the Nézőpont Institute, said, citing fresh data. In 2003 the size of the grey economy was estimated at 25% of gross domestic product (GDP) and this fell to 23.3% in 2010 and 21.9% in 2015, he said.
Govt To Focus On Boosting Mobility, Training To Tackle Labour Shortage
- 2 Dec 2016 6:06 AM
- business
In efforts to alleviate labour shortages, the government plans to boost regional mobility and training, an economy ministry official said at a forum organised by the Budapest Chamber of Commerce and Industry and National Trade Association. Péter Cseresnyés, state secretary for labour and training, said that Hungary’s labour market was characterised by both unemployment and a labour shortage.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
Orbán: Hungary Backs Ukraine’s EU Members Hip Bid
- 25 Nov 2016 8:00 AM
- current affairs
Hungary supports Ukraine’s aspiration to become a member of the European Union, Prime Minister Viktor Orbán said at a joint news conference held after meeting his Ukrainian counterpart Volodymyr Groysman. Orban also said it was a “moral duty” of the EU to grant Ukraine visa-free status.
US Medical Tech Company Becton Dickinson Expands Plant With EUR 110m Investment
- 24 Nov 2016 8:00 AM
- tech
US medical technology company Becton Dickinson is investing 34 billion forints (EUR 110m) to expand its syringe plant in Tatabanya, in north-west Hungary, Péter Szijjártó, the minister of foreign affairs and trade, announced on Wednesday. The government is supporting the investment with an additional 2.7 billion forint grant, he added.