125 result(s) for costs in Business
PM Orbán, OTP Bank Chief Csányi On Hungary Bank Tax
- 9 Jul 2010 1:00 AM
- business
"Hungary is not going to open a debate on the 2010 banking tax, not even with international lenders, Prime Minister Viktor Orbán said after a meeting with OTP President and CEO Sándor Csányi on Thursday. Csányi said he believed it was impossible that banks would seek to pass on the tax burden to clients. OTP is estimated to pay HUF 35 billion bank tax this year.
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.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Airline Predicaments Offer Selected Buying Opportunities
- 20 Apr 2010 3:00 AM
- business
"Since the closure of European air space airline losses from the volcanic ash cloud spiralled over USD 1 billion on Monday and the European airline sector has lost 7% of value. While the closure is unprecedented, Nomura believes the current situation is not comparable with previous exogenous events such as 9/11 and Sars. Nomura’s research analysts also think that there are selected buying ...
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungarian Firm Catches International Fever
- 9 Apr 2010 1:00 AM
- business
"During times of crisis, as many are all too familiar with, companies are forced to become more agile in order to survive. For many firms this has come down to cutting costs and focusing all available resources on sustaining business. Though these tactics may not be the ideal solution for young firms looking to grow their business, in many cases it’s done simply so the firm can stay afloat until ...
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 ...
PM Orbán, OTP Bank Chief Csányi On Hungary Bank Tax
- 9 Jul 2010 1:00 AM
- business
"Hungary is not going to open a debate on the 2010 banking tax, not even with international lenders, Prime Minister Viktor Orbán said after a meeting with OTP President and CEO Sándor Csányi on Thursday. Csányi said he believed it was impossible that banks would seek to pass on the tax burden to clients. OTP is estimated to pay HUF 35 billion bank tax this year.
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.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Airline Predicaments Offer Selected Buying Opportunities
- 20 Apr 2010 3:00 AM
- business
"Since the closure of European air space airline losses from the volcanic ash cloud spiralled over USD 1 billion on Monday and the European airline sector has lost 7% of value. While the closure is unprecedented, Nomura believes the current situation is not comparable with previous exogenous events such as 9/11 and Sars. Nomura’s research analysts also think that there are selected buying ...
European Recovery May Choke On Volcanic Ash
- 19 Apr 2010 5:00 AM
- business
"Hungarian airspace remains closed from all traffic until Monday noon local time, the National Transport Authority’s Civil Aviation Directorate announced. This means that all flights are cancelled in Hungary and Budapest Airport has no incoming our outbound flights at all. The airspace closure, implemented all over Europe due to a volcanic eruption in Iceland sending dangerous ash clouds into the ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Hungarian Firm Catches International Fever
- 9 Apr 2010 1:00 AM
- business
"During times of crisis, as many are all too familiar with, companies are forced to become more agile in order to survive. For many firms this has come down to cutting costs and focusing all available resources on sustaining business. Though these tactics may not be the ideal solution for young firms looking to grow their business, in many cases it’s done simply so the firm can stay afloat until ...
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 ...