2,399 result(s) for billion forint
Opposition Criticises Launch Of Public TV News Channel In Hungary
- 17 Mar 2015 8:00 AM
- entertainment
Opposition parties on Monday criticised the renewed programme structure of Hungary’s public media. The changes launched on March 15 by the Media Service Support and Asset Management Fund (MTVA) include a 24-hour rolling news channel on the frequency formerly occupied by the main channel.
Mobile Data Traffic Jumps As Hungarians Buy More Smart Phones
- 17 Mar 2015 8:00 AM
- tech
Mobile data traffic in Hungary rose by an annual 35% in the fourth quarter, lifted by infrastructural developments and the growing number of smartphones, the Central Statistical Office (KSH) said. In absolute terms, mobile data traffic reached 9,135 terabytes in the last quarter of 2014, still a fraction of the 274,428 terabytes of downloads and 146,849 terabytes of uploads using fixed lines.
Govt Allocates Almost Huf 8 Bn For Castle District Reconstruction
- 13 Mar 2015 8:00 AM
- property
The government is allocating 7.9 billion forints (EUR 26m) until the end of next year for the reconstruction of Budapest’s Castle District, state secretary László L Simon said. The project includes the construction of a 1.5 billion forint 300-space underground car park at the back of the Buda Castle, the 2 billion forint renovation of the historic stables and 3.5 billion forints for revamping a ...
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
State Audit Office Finds Problems At Tax Authority
- 12 Mar 2015 8:00 AM
- business
The State Audit Office (ÁSZ) has found discrepancies at the National Tax and Customs Office (NAV) during a recent screening, ÁSZ told MTI. The shortcomings identified were under the headings of internal regulations, up-to-date management tools, risk management and the paper trail system in audits, ÁSZ said in a statement.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
EC Opens Investigation On Hungary Ad Tax
- 12 Mar 2015 2:00 AM
- current affairs
The European Commission has opened an in-depth investigation to determine whether Hungary’s tax on advertisements complied with European Union rules on state aid. The EC expressed concerns that the progressive tax “could selectively favour certain companies and give them an unfair competitive advantage”.
Film Production Boon For Hungary
- 10 Mar 2015 8:00 AM
- entertainment
Spending on film production in Hungary as a percentage of economic output is by far the highest in Europe. Hungary provided the production base for 250 movies and television films in 2010-2014, the media authority (NMHH) reported, commenting on European Audiovisual Observatory data. Productions averaged 46 billion forints (EUR 151m) each year over the period.
Harman Under Taking HUF 3.5bn Expansion In Hungary
- 6 Mar 2015 8:00 AM
- business
US audio equipment maker Harman, which supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover, is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pécs, in southwest Hungary. The investment will create 420 jobs, raising Harman’s headcount in Hungary to over 2,000.
Opposition Criticises Launch Of Public TV News Channel In Hungary
- 17 Mar 2015 8:00 AM
- entertainment
Opposition parties on Monday criticised the renewed programme structure of Hungary’s public media. The changes launched on March 15 by the Media Service Support and Asset Management Fund (MTVA) include a 24-hour rolling news channel on the frequency formerly occupied by the main channel.
Mobile Data Traffic Jumps As Hungarians Buy More Smart Phones
- 17 Mar 2015 8:00 AM
- tech
Mobile data traffic in Hungary rose by an annual 35% in the fourth quarter, lifted by infrastructural developments and the growing number of smartphones, the Central Statistical Office (KSH) said. In absolute terms, mobile data traffic reached 9,135 terabytes in the last quarter of 2014, still a fraction of the 274,428 terabytes of downloads and 146,849 terabytes of uploads using fixed lines.
Govt Allocates Almost Huf 8 Bn For Castle District Reconstruction
- 13 Mar 2015 8:00 AM
- property
The government is allocating 7.9 billion forints (EUR 26m) until the end of next year for the reconstruction of Budapest’s Castle District, state secretary László L Simon said. The project includes the construction of a 1.5 billion forint 300-space underground car park at the back of the Buda Castle, the 2 billion forint renovation of the historic stables and 3.5 billion forints for revamping a ...
Police Launch Investigation Into Quaestor
- 12 Mar 2015 8:00 AM
- business
The Hungarian police have launched an investigation of brokerage Quaestor on suspicion of fraud, the National Police Headquarters said. Quaestor’s headquarters were raided as part of the investigation, the police said. Earlier in the day political parties clashed over the brokerage scandal.
State Audit Office Finds Problems At Tax Authority
- 12 Mar 2015 8:00 AM
- business
The State Audit Office (ÁSZ) has found discrepancies at the National Tax and Customs Office (NAV) during a recent screening, ÁSZ told MTI. The shortcomings identified were under the headings of internal regulations, up-to-date management tools, risk management and the paper trail system in audits, ÁSZ said in a statement.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
EC Opens Investigation On Hungary Ad Tax
- 12 Mar 2015 2:00 AM
- current affairs
The European Commission has opened an in-depth investigation to determine whether Hungary’s tax on advertisements complied with European Union rules on state aid. The EC expressed concerns that the progressive tax “could selectively favour certain companies and give them an unfair competitive advantage”.
Film Production Boon For Hungary
- 10 Mar 2015 8:00 AM
- entertainment
Spending on film production in Hungary as a percentage of economic output is by far the highest in Europe. Hungary provided the production base for 250 movies and television films in 2010-2014, the media authority (NMHH) reported, commenting on European Audiovisual Observatory data. Productions averaged 46 billion forints (EUR 151m) each year over the period.
Harman Under Taking HUF 3.5bn Expansion In Hungary
- 6 Mar 2015 8:00 AM
- business
US audio equipment maker Harman, which supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover, is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pécs, in southwest Hungary. The investment will create 420 jobs, raising Harman’s headcount in Hungary to over 2,000.