522 result(s) for development in Business
Lego To Double Size Of Hungarian Plant, Raise Headcount
- 21 Jan 2016 3:00 AM
- business
Danish toymaker Lego announced today that it will invest HUF 30 billion at its Hungarian plant in Nyíregyháza, to more than double the size of the factory, Hungarian news agency MTI reported.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Budapest Signs EUR 300M Credit Agreement With EIB
- 29 Dec 2015 4:00 AM
- business
The municipality of Budapest on Tuesday signed two credit agreements with the European Investment Bank (EIB) for a total of 300 million euros. The agreements were signed by deputy mayor Gábor Bagdy and EIB Vice President László Baranyay.
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
EBRD Optimistic About Growth In Hungary
- 8 Dec 2015 4:00 AM
- business
The outlook of the European Bank for Reconstruction and Development (EBRD) for GDP growth in Hungary is more optimistic than the market, the bank’s Hungarian board member said in daily Magyar Idők.
Hungary In Talks With Brussels On More Than HUF 600BN Of Funding
- 8 Dec 2015 4:00 AM
- business
Hungary is still in talks with the European Commission on more than 600 billion forints (EUR 1.92bn) in European Union funding for the 2007- 2013 period, state secretary Péter Benő Banai said. A Monday release by the economy ministry showed Hungary’s cash-flowbased budget deficit, excluding local councils, reached 970.7 billion forints at the end of November or 108.8% of the full-year target.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Lego To Double Size Of Hungarian Plant, Raise Headcount
- 21 Jan 2016 3:00 AM
- business
Danish toymaker Lego announced today that it will invest HUF 30 billion at its Hungarian plant in Nyíregyháza, to more than double the size of the factory, Hungarian news agency MTI reported.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
Budapest Signs EUR 300M Credit Agreement With EIB
- 29 Dec 2015 4:00 AM
- business
The municipality of Budapest on Tuesday signed two credit agreements with the European Investment Bank (EIB) for a total of 300 million euros. The agreements were signed by deputy mayor Gábor Bagdy and EIB Vice President László Baranyay.
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
EBRD Optimistic About Growth In Hungary
- 8 Dec 2015 4:00 AM
- business
The outlook of the European Bank for Reconstruction and Development (EBRD) for GDP growth in Hungary is more optimistic than the market, the bank’s Hungarian board member said in daily Magyar Idők.
Hungary In Talks With Brussels On More Than HUF 600BN Of Funding
- 8 Dec 2015 4:00 AM
- business
Hungary is still in talks with the European Commission on more than 600 billion forints (EUR 1.92bn) in European Union funding for the 2007- 2013 period, state secretary Péter Benő Banai said. A Monday release by the economy ministry showed Hungary’s cash-flowbased budget deficit, excluding local councils, reached 970.7 billion forints at the end of November or 108.8% of the full-year target.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...