2,399 result(s) for billion forint
Govt To Plough Billions Of Forints Into Tourism Next Year
- 23 Jun 2016 9:00 AM
- travel
Central resources for tourism will reach an all-time high of 21 billion forints (EUR 67m) next year, the government’s tourism commissioner, Gusztáv Bienerth, said. The amount earmarked for various tourism schemes this year will be doubled and an additional 10 billion forints will be available through a new tourismdevelopment programme, he told a press conference.
Hungary Fines Half A Million Motorists For Driving Without Vignette
- 21 Jun 2016 9:00 AM
- getting around
NUSZ, the company that operates Hungary’s motorway toll system, fined 516,000 motorists a total 4.5 billion forints (EUR 14.4m) for driving without a vignette last year, business daily Világgazdaság said on Monday. About two-thirds of the drivers were Hungarian and the rest were foreigners, NUSZ spokesman Lajos Kibédi-Varga told the paper.
Hungarian E-Commerce Turnover Grows Further In 2015
- 20 Jun 2016 9:00 AM
- business
The net turnover of Hungaryʼs online retail trade volume reached HUF 319 billion in 2015, reaching 4.1% of total retail turnover, according to research by eNet Internet Research Co. published.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
Hungarians Travel More, Spend More Abroad In Q1
- 16 Jun 2016 9:00 AM
- travel
Hungarians paid a total 4.2 million visits to other countries in January- March this year, up by 17% from the same period last year, business daily Világgazdaság said on Tuesday, citing data from the Central Statistical Office (KSH). Hungarian visitors spent 164 billion forints (EUR 523.9m) abroad, up by 32% compared with 2015, according to the data.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...
Govt To Plough Billions Of Forints Into Tourism Next Year
- 23 Jun 2016 9:00 AM
- travel
Central resources for tourism will reach an all-time high of 21 billion forints (EUR 67m) next year, the government’s tourism commissioner, Gusztáv Bienerth, said. The amount earmarked for various tourism schemes this year will be doubled and an additional 10 billion forints will be available through a new tourismdevelopment programme, he told a press conference.
Hungary Fines Half A Million Motorists For Driving Without Vignette
- 21 Jun 2016 9:00 AM
- getting around
NUSZ, the company that operates Hungary’s motorway toll system, fined 516,000 motorists a total 4.5 billion forints (EUR 14.4m) for driving without a vignette last year, business daily Világgazdaság said on Monday. About two-thirds of the drivers were Hungarian and the rest were foreigners, NUSZ spokesman Lajos Kibédi-Varga told the paper.
Hungarian E-Commerce Turnover Grows Further In 2015
- 20 Jun 2016 9:00 AM
- business
The net turnover of Hungaryʼs online retail trade volume reached HUF 319 billion in 2015, reaching 4.1% of total retail turnover, according to research by eNet Internet Research Co. published.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
Hungarians Travel More, Spend More Abroad In Q1
- 16 Jun 2016 9:00 AM
- travel
Hungarians paid a total 4.2 million visits to other countries in January- March this year, up by 17% from the same period last year, business daily Világgazdaság said on Tuesday, citing data from the Central Statistical Office (KSH). Hungarian visitors spent 164 billion forints (EUR 523.9m) abroad, up by 32% compared with 2015, according to the data.
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
Parlt Raises 2016 Budget Revenue, Spending Targets By HUF 422Bn
- 14 Jun 2016 9:00 AM
- current affairs
Lawmakers approved amendments to the 2016 budget act raising both revenue and expenditures by 421.7 billion forints (EUR 1.4bn). The amendments were passed with 121 votes in favour and 63 against. The MPs raised the revenue target from 15,800.4 billion forints to 16,222.1 billion forints. They increased the expenditure target from 16,562.0 billion forints to 16,983.7 billion forints.
EIB Group Opens Budapest Office
- 14 Jun 2016 9:00 AM
- business
The Investment Bank (EIB) officially opened its Budapest office at a ceremony held at the Hungarian Academy of Sciences. Few countries would make better partners for the EIB than Hungary, Prime Minister Viktor Orbán said in his address. At the event, Hungary signed a 30 billion forint (EUR 96m) refinancing agreement with the EIB for the construction of gymnasiums, swimming pools, sports courts ...















