982 result(s) for decline
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Budapest Airport Announces Layoffs
- 16 Feb 2012 8:10 AM
- current affairs
"Budapest Airport will lay off 250 people and postpone a €60 million investment due to the loss of passenger traffic caused by the bankruptcy of state airline Malév, the airport operator announced yesterday.
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.
Michelin Puts Off Investment, Citing Uncertainties In Hungary
- 31 Jan 2012 8:00 AM
- business
"Tyre maker Michelin has indefinitely postponed plans to expand capacity at its plant in Nyiregyhaza, due to the uncertain economic environment under the present government, the Hungarian unit’s managing director John Young told Vilaggazdasag.
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
Hungarian Gov’t Seen Discriminating Against Foreign Retailers In Voucher Market
- 12 Jan 2012 10:45 AM
- shopping
"The government clearly aims to grant Hungarian retail chains preferential status in the new voucher market, Retail Association president György Vámos told Népszabadság. The favouritism is not necessarily a bad thing in itself, he continued, but excluding international retail chains by setting preposterous conditions is problematic.
Lira Sees Uncertain Book Market In Hungary In 2012
- 3 Jan 2012 8:00 AM
- community & culture
"Book retailer Lira will close 8-10 outlets in 2012, due to political and economic uncertainty, chairman Tamas Kolosi told Napi Gazdasag. The chain has not opened any new shops in the past two years as demand on the book market started to fall in 2008. Demand hit bottom in the first half of 2011 but recovered slightly in the second half, Kolosi said.
László Szőke, Former CEO Of Budapest Spa
- 19 May 2011 12:00 PM
László Szőke finished his studies in 1978 at the Budapest University of Technology and Economics. A graduate of in Hydraulic Engineering he started working as a building manager at Vízügyi Építő Vállalat. From 1983 to 1984 he worked in Algeria as a project manager, building an educational centre.
Bank Sector In Hungary Losing Its Competitiveness
- 24 Nov 2010 1:00 AM
- business
"The bank tax, the freeze on foreclosures and the strong Swiss franc have depressed Hungarian banks’ income-generating capacity to the extent that their ability to contribute to economic growth will decline, the national bank MNB warned in its quarterly report on financial stability.
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Budapest Airport Announces Layoffs
- 16 Feb 2012 8:10 AM
- current affairs
"Budapest Airport will lay off 250 people and postpone a €60 million investment due to the loss of passenger traffic caused by the bankruptcy of state airline Malév, the airport operator announced yesterday.
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.
Michelin Puts Off Investment, Citing Uncertainties In Hungary
- 31 Jan 2012 8:00 AM
- business
"Tyre maker Michelin has indefinitely postponed plans to expand capacity at its plant in Nyiregyhaza, due to the uncertain economic environment under the present government, the Hungarian unit’s managing director John Young told Vilaggazdasag.
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
Hungarian Gov’t Seen Discriminating Against Foreign Retailers In Voucher Market
- 12 Jan 2012 10:45 AM
- shopping
"The government clearly aims to grant Hungarian retail chains preferential status in the new voucher market, Retail Association president György Vámos told Népszabadság. The favouritism is not necessarily a bad thing in itself, he continued, but excluding international retail chains by setting preposterous conditions is problematic.
Lira Sees Uncertain Book Market In Hungary In 2012
- 3 Jan 2012 8:00 AM
- community & culture
"Book retailer Lira will close 8-10 outlets in 2012, due to political and economic uncertainty, chairman Tamas Kolosi told Napi Gazdasag. The chain has not opened any new shops in the past two years as demand on the book market started to fall in 2008. Demand hit bottom in the first half of 2011 but recovered slightly in the second half, Kolosi said.
László Szőke, Former CEO Of Budapest Spa
- 19 May 2011 12:00 PM
László Szőke finished his studies in 1978 at the Budapest University of Technology and Economics. A graduate of in Hydraulic Engineering he started working as a building manager at Vízügyi Építő Vállalat. From 1983 to 1984 he worked in Algeria as a project manager, building an educational centre.
Bank Sector In Hungary Losing Its Competitiveness
- 24 Nov 2010 1:00 AM
- business
"The bank tax, the freeze on foreclosures and the strong Swiss franc have depressed Hungarian banks’ income-generating capacity to the extent that their ability to contribute to economic growth will decline, the national bank MNB warned in its quarterly report on financial stability.















