2,266 result(s) for billion forint
Media Rivals Clash Over Hungarian TV2 Ownership
- 21 Oct 2015 9:00 AM
- current affairs
A legal dispute has emerged over ownership of Hungary’s second biggest commercial television broadcaster. On 15 October, Magyar Broadcasting Co signed a contract with TV2 Media Group Holdings and CEE Broadcasting Holding to purchase a 100% stake in their businesses. TV2’s portfolio includes the television channels TV2, Super TV2, FEM3 and PRO4.
Govt Plans To Regulate Sales Of E-Cigarettes, Cartridges
- 20 Oct 2015 6:00 AM
- shopping
Hungary’s government plans to regulate sales of electronic cigarettes and cartridges, a draft bill posted on the government’s website shows. The bill would require makers and sellers of e-cigarettes and cartridges to register their products six months before bringing them to market and pay an “administration fee” to the state health-care authority. An impact study attached to the draft puts the ...
Lázár On Farmland Sales, Tax Reform
- 16 Oct 2015 9:00 AM
- current affairs
Public auctions of state-owned farmland will start on Nov. 16, János Lázár, the government office chief, told a weekly government press briefing. The auctions would be started in six counties. The government wants to get the best price possible for farmland he said, adding that it was inconceivable that sales would go ahead for prices below market value. The Hungarian Development Bank (MFB) has ...
Miskolc University Gets EUR 10.3 Million Supercomputer
- 15 Oct 2015 9:00 AM
- tech
The University of Miskolc (N Hungary) has inaugurated a supercomputer, purchased from European Union funding of 3.2 billion forints (EUR 10.3m), on Tuesday. The universities of Debrecen (E Hungary) and Szeged (S Hungary) already have supercomputers, with the first one inaugurated in Debrecen in 2011.
Hungary’s Film Commissioner Vajna Buys Commercial Channel TV2
- 14 Oct 2015 9:00 AM
- business
Hungary’s film industry commissioner Andy Vajna has signed a contract to buy Hungarian commercial television channel TV2, and, after signing by the sellers, the deal will be announced later this week, figyelo.hu, the website of weekly Figyelő reported. The transaction will require approval by Hungary’s Competition Office, figyelo.hu said.
Hungarian Parliament Votes To Set Up Cabinet Office
- 13 Oct 2015 9:00 AM
- current affairs
Hungary’s parliament has voted to establish a cabinet office as a separate ministry. The new ministry will be headed by Antal Rogán, former parliamentary group leader of the ruling Fidesz party. Rogán said earlier that the aim of the new ministry is to aid the work of the prime minister. The cabinet office will also manage the government’s communications. Parliament also amended the national ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Fidesz Hopeful Of A Breakthrough In Altus Case
- 13 Oct 2015 5:31 AM
- current affairs
A European parliamentary committee will on Thursday consider a case involving a European Commission contract with Altus, a company owned by former prime minister Ferenc Gyurcsány, ruling Fidesz MEP Tamás Deutsch said. The committee on budgetary control will handle the “scandalous” case, Deutsch told a press conference, adding that this in itself was a sign of a potential breakthrough.
Media Rivals Clash Over Hungarian TV2 Ownership
- 21 Oct 2015 9:00 AM
- current affairs
A legal dispute has emerged over ownership of Hungary’s second biggest commercial television broadcaster. On 15 October, Magyar Broadcasting Co signed a contract with TV2 Media Group Holdings and CEE Broadcasting Holding to purchase a 100% stake in their businesses. TV2’s portfolio includes the television channels TV2, Super TV2, FEM3 and PRO4.
Govt Plans To Regulate Sales Of E-Cigarettes, Cartridges
- 20 Oct 2015 6:00 AM
- shopping
Hungary’s government plans to regulate sales of electronic cigarettes and cartridges, a draft bill posted on the government’s website shows. The bill would require makers and sellers of e-cigarettes and cartridges to register their products six months before bringing them to market and pay an “administration fee” to the state health-care authority. An impact study attached to the draft puts the ...
Lázár On Farmland Sales, Tax Reform
- 16 Oct 2015 9:00 AM
- current affairs
Public auctions of state-owned farmland will start on Nov. 16, János Lázár, the government office chief, told a weekly government press briefing. The auctions would be started in six counties. The government wants to get the best price possible for farmland he said, adding that it was inconceivable that sales would go ahead for prices below market value. The Hungarian Development Bank (MFB) has ...
Miskolc University Gets EUR 10.3 Million Supercomputer
- 15 Oct 2015 9:00 AM
- tech
The University of Miskolc (N Hungary) has inaugurated a supercomputer, purchased from European Union funding of 3.2 billion forints (EUR 10.3m), on Tuesday. The universities of Debrecen (E Hungary) and Szeged (S Hungary) already have supercomputers, with the first one inaugurated in Debrecen in 2011.
Hungary’s Film Commissioner Vajna Buys Commercial Channel TV2
- 14 Oct 2015 9:00 AM
- business
Hungary’s film industry commissioner Andy Vajna has signed a contract to buy Hungarian commercial television channel TV2, and, after signing by the sellers, the deal will be announced later this week, figyelo.hu, the website of weekly Figyelő reported. The transaction will require approval by Hungary’s Competition Office, figyelo.hu said.
Hungarian Parliament Votes To Set Up Cabinet Office
- 13 Oct 2015 9:00 AM
- current affairs
Hungary’s parliament has voted to establish a cabinet office as a separate ministry. The new ministry will be headed by Antal Rogán, former parliamentary group leader of the ruling Fidesz party. Rogán said earlier that the aim of the new ministry is to aid the work of the prime minister. The cabinet office will also manage the government’s communications. Parliament also amended the national ...
Hungarian Forint Liquidity Of Banking Sector Falls In Sept
- 13 Oct 2015 9:00 AM
- business
Forint liquidity of Hungary’s banking sector fell in September from a month earlier, reflected mainly in the lower average stocks of two-week central bank deposits, the National Bank of Hungary said in a report. The average stock of two-week deposits decreased by 241.8 billion forints to 4,290 billion, the report based on preliminary data shows. The average stock of external assets fell by 350 ...
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Fidesz Hopeful Of A Breakthrough In Altus Case
- 13 Oct 2015 5:31 AM
- current affairs
A European parliamentary committee will on Thursday consider a case involving a European Commission contract with Altus, a company owned by former prime minister Ferenc Gyurcsány, ruling Fidesz MEP Tamás Deutsch said. The committee on budgetary control will handle the “scandalous” case, Deutsch told a press conference, adding that this in itself was a sign of a potential breakthrough.