9 result(s) for circulation in Business
HUF 1,000 Bill Will Be Upgraded To Enhance Security
- 24 Aug 2017 10:30 AM
- business
The National Bank of Hungary is upgrading the 1,000 forint (EUR 3.3) bill with enhanced security features, the issuer said. The new banknote will become legal tender from Thursday, but will not enter into circulation until next March, allowing sufficient time to prepare for the switchover.
Some Old HUF 2,000 & HUF 5,000 Banknotes Still In Tills, Wallets
- 1 Aug 2017 11:00 AM
- business
About 75 percent of old 2,000 forint banknotes and more than 80 percent of old 5,000 forint banknotes have been replaced with new bills, the National Bank of Hungary said on Tuesday, a day after compulsory acceptance of the old bills ceased.
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.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
“Enterpreneurial Skill Can Be Learned” Interview With CEU Rector John Shattuck
- 31 Oct 2013 8:00 AM
- business
The President and Rector of Central European University (CEU) considers his current post the most important stage of his career. As he told us, CEU has been successful in attracting back to Budapest leading Hungarian academics who had earlier left the country to pursue their careers abroad. Interview published by Figyelő, the Hungarian business and news weekly, with a circulation of 11.200.
Fee Change Costs Visa Market Share In Hungary
- 1 Feb 2012 8:00 AM
- business
"The number of Visa cards in circulation in Hungary stood at 1.96 million in September, a decline of 22.3% year-on-year, Visa's Hungarian director Ede Kiss announced. The decline is partly due to an agreement with the EU on lower fixed interchange fees.
Dry Wash Technology
- 27 Apr 2010 1:00 AM
- business
"Ricoh has developed an environmentally-friendly technology that removes residue without using solvents or water. Instead, small thin films are air-blasted onto the object to be cleaned to remove the residue. This technology is applied to clean jigs used in the manufacturing process and parts during the recycling of products.
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Budapest Transport Co. Gives Ultimatum To Alstom For Delayed Metro Delivery
- 4 Mar 2010 3:00 AM
- business
"Rolling rock maker Alstom is to deliver the new trainsets for Budapest’s M2 metro line with another four-month delay, Hungarian news portal index.hu reported. While the last pledge of Alstom was to deliver the trains by February, it now set the deadline to end-June, saying it will obtain the homologation certificates only by then.
HUF 1,000 Bill Will Be Upgraded To Enhance Security
- 24 Aug 2017 10:30 AM
- business
The National Bank of Hungary is upgrading the 1,000 forint (EUR 3.3) bill with enhanced security features, the issuer said. The new banknote will become legal tender from Thursday, but will not enter into circulation until next March, allowing sufficient time to prepare for the switchover.
Some Old HUF 2,000 & HUF 5,000 Banknotes Still In Tills, Wallets
- 1 Aug 2017 11:00 AM
- business
About 75 percent of old 2,000 forint banknotes and more than 80 percent of old 5,000 forint banknotes have been replaced with new bills, the National Bank of Hungary said on Tuesday, a day after compulsory acceptance of the old bills ceased.
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.
Update: New 10 000 Forint Banknote Now In Circulation
- 4 Dec 2014 12:06 AM
- business
The upgraded 10 000 forint banknote came into circulation from 1 December, and is likely to be widely available for everyday use from 2015. Old 10 000 forint notes will remain legal tender until a decision is made by the National Bank on their withdrawal.
“Enterpreneurial Skill Can Be Learned” Interview With CEU Rector John Shattuck
- 31 Oct 2013 8:00 AM
- business
The President and Rector of Central European University (CEU) considers his current post the most important stage of his career. As he told us, CEU has been successful in attracting back to Budapest leading Hungarian academics who had earlier left the country to pursue their careers abroad. Interview published by Figyelő, the Hungarian business and news weekly, with a circulation of 11.200.
Fee Change Costs Visa Market Share In Hungary
- 1 Feb 2012 8:00 AM
- business
"The number of Visa cards in circulation in Hungary stood at 1.96 million in September, a decline of 22.3% year-on-year, Visa's Hungarian director Ede Kiss announced. The decline is partly due to an agreement with the EU on lower fixed interchange fees.
Dry Wash Technology
- 27 Apr 2010 1:00 AM
- business
"Ricoh has developed an environmentally-friendly technology that removes residue without using solvents or water. Instead, small thin films are air-blasted onto the object to be cleaned to remove the residue. This technology is applied to clean jigs used in the manufacturing process and parts during the recycling of products.
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Budapest Transport Co. Gives Ultimatum To Alstom For Delayed Metro Delivery
- 4 Mar 2010 3:00 AM
- business
"Rolling rock maker Alstom is to deliver the new trainsets for Budapest’s M2 metro line with another four-month delay, Hungarian news portal index.hu reported. While the last pledge of Alstom was to deliver the trains by February, it now set the deadline to end-June, saying it will obtain the homologation certificates only by then.