776 result(s) for business growth
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
No Major Changes In Taxation In 2014 “Good News”, Says Hungary’s Former Minister
- 18 Dec 2013 3:00 AM
- business
It is good news that there will be no major changes in taxation next year and the budget deficit can be maintained at 3% of GDP as planned, KPMG partner Csaba László told business daily Napi Gazdaság.
Xpat Opinion: Yet Another Lunacy: Law On Teaching Foreign Languages In Hungary
- 15 Dec 2013 8:00 AM
- current affairs
The other day I happened upon a very funny 10-minute video. In Hungary bakers must put a big, ugly paper sticker on every loaf of bread before it goes into the oven. But only bread; other baked goods don’t have to have the sticker. So, a journalist wanted to know why the distinction between bread and, let’s say, brioche. No one the journalist asked could give an answer. People in the industry ...
CEU Business School Event Report: Reaching The Customer & Earning Their Trust
- 2 Dec 2013 8:00 AM
- business
Certain parts of the economy have remained flat over the years, but e-commerce is an area that has seen persistent growth of 20-30% per year. With this in mind CEU Business School held a roundtable discussion Tuesday evening on the State of the Art in E-Commerce to a standing-room only audience. Professor Paul Lacourbe hosted the event that brought together panelists from Hungary’s e-commerce ...
Invitation: State Of The Art In Ecommerce, CEU Business School Budapest, 26 Nov
- 22 Nov 2013 8:00 AM
- business
In 2012, ecommerce sales topped $1 trillion. Online retail sales in Hungary went up 14% from HUF 155 billion in 2011 to HUF 177 billion in 2012, and the market forecast predicts growth around 20% in 2013.
Erste Wants To Stay In Hungary
- 22 Jan 2014 8:00 AM
- business
Erste Bank wants to continue to remain active in Hungary, Erste Bank Hungary chairman-CEO Radovan Jelasic said at a conference organised by economic research institute GKI on Tuesday. He said the best proof of Erste Bank’s intention to stay in the country was its purchase of private banking portfolios from local peers in the past years.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
No Major Changes In Taxation In 2014 “Good News”, Says Hungary’s Former Minister
- 18 Dec 2013 3:00 AM
- business
It is good news that there will be no major changes in taxation next year and the budget deficit can be maintained at 3% of GDP as planned, KPMG partner Csaba László told business daily Napi Gazdaság.
Xpat Opinion: Yet Another Lunacy: Law On Teaching Foreign Languages In Hungary
- 15 Dec 2013 8:00 AM
- current affairs
The other day I happened upon a very funny 10-minute video. In Hungary bakers must put a big, ugly paper sticker on every loaf of bread before it goes into the oven. But only bread; other baked goods don’t have to have the sticker. So, a journalist wanted to know why the distinction between bread and, let’s say, brioche. No one the journalist asked could give an answer. People in the industry ...
CEU Business School Event Report: Reaching The Customer & Earning Their Trust
- 2 Dec 2013 8:00 AM
- business
Certain parts of the economy have remained flat over the years, but e-commerce is an area that has seen persistent growth of 20-30% per year. With this in mind CEU Business School held a roundtable discussion Tuesday evening on the State of the Art in E-Commerce to a standing-room only audience. Professor Paul Lacourbe hosted the event that brought together panelists from Hungary’s e-commerce ...
Invitation: State Of The Art In Ecommerce, CEU Business School Budapest, 26 Nov
- 22 Nov 2013 8:00 AM
- business
In 2012, ecommerce sales topped $1 trillion. Online retail sales in Hungary went up 14% from HUF 155 billion in 2011 to HUF 177 billion in 2012, and the market forecast predicts growth around 20% in 2013.