406 result(s) for ema in Business
More Companies De-Registered In Hungary
- 16 Dec 2015 8:00 AM
- business
Some 44,700 companies have been deleted from the official register this year, 4% more than last year, website feketelista.hu reports. More companies were de-registered than created in all 19 counties. In Budapest, twice as many, 20,534, companies were removed from the list as were added.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Fewer Foreigners Starting Businesses In Hungary
- 20 Nov 2015 8:00 AM
- business
The number of new companies registered with one or more foreign owners fell from an annual 3,000 in 2009 to 2,200 last year, according to company data provider Opten. Tighter rules aimed at reducing registrations for fraudulent purposes played a part in the lower number.
Hungary's OTP Bank Chairman Csányi On Forbes List Of Billionaires
- 4 Nov 2015 8:00 AM
- business
OTP bank chairman and CEO Sándor Csányi has become the first Hungarian to be included on the list of the world’s dollar billionaires, complied by US-based Forbes magazine. He is the richest Hungarian with an estimated net worth of Ft 287.9 billion, or approximately $1.01 billion.
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
Hungary’s Foreign Minister Signs Agreements With US Companies
- 5 Oct 2015 9:00 AM
- business
Foreign Minister Péter Szijjártó signed a number of agreements with American companies on job-creating capacity expansions at their Hungarian units during a visit to Chicago. He met the heads of eight American companies in the automotive, chemicals and farm machinery industries that have businesses in Hungary.
Hungary’s M1 Channel Costs HUF 4.3bn This Year
- 1 Oct 2015 9:00 AM
- business
The maintenance of state-run all news channel M1, launched in March, is costing state media manager MTVA Ft 4.3 billion this year, Népszabadság reports. The new sports channel M4, launched in July, is costing Ft 5.4 billion. Due to the rising costs, the government will assume Ft 47.2 billion of debts from state media. MTVA’s budget for this year is Ft 80 billion.
More Companies De-Registered In Hungary
- 16 Dec 2015 8:00 AM
- business
Some 44,700 companies have been deleted from the official register this year, 4% more than last year, website feketelista.hu reports. More companies were de-registered than created in all 19 counties. In Budapest, twice as many, 20,534, companies were removed from the list as were added.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
Fewer Foreigners Starting Businesses In Hungary
- 20 Nov 2015 8:00 AM
- business
The number of new companies registered with one or more foreign owners fell from an annual 3,000 in 2009 to 2,200 last year, according to company data provider Opten. Tighter rules aimed at reducing registrations for fraudulent purposes played a part in the lower number.
Hungary's OTP Bank Chairman Csányi On Forbes List Of Billionaires
- 4 Nov 2015 8:00 AM
- business
OTP bank chairman and CEO Sándor Csányi has become the first Hungarian to be included on the list of the world’s dollar billionaires, complied by US-based Forbes magazine. He is the richest Hungarian with an estimated net worth of Ft 287.9 billion, or approximately $1.01 billion.
Hungarian National Bank Outlaws Asset Manager
- 19 Oct 2015 9:00 AM
- business
The MNB has banned the activities of asset manager Riches Builder and Seychelles-registered Riches Builder Investment and fined them Ft 338 million for collecting deposits without a licence. The two companies promised outstandingly high yields and repayment guarantees. An aggravating factor in the case was that the companies did not co-operate fully with the MNB during the investigation. The ...
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
Hungary’s Foreign Minister Signs Agreements With US Companies
- 5 Oct 2015 9:00 AM
- business
Foreign Minister Péter Szijjártó signed a number of agreements with American companies on job-creating capacity expansions at their Hungarian units during a visit to Chicago. He met the heads of eight American companies in the automotive, chemicals and farm machinery industries that have businesses in Hungary.
Hungary’s M1 Channel Costs HUF 4.3bn This Year
- 1 Oct 2015 9:00 AM
- business
The maintenance of state-run all news channel M1, launched in March, is costing state media manager MTVA Ft 4.3 billion this year, Népszabadság reports. The new sports channel M4, launched in July, is costing Ft 5.4 billion. Due to the rising costs, the government will assume Ft 47.2 billion of debts from state media. MTVA’s budget for this year is Ft 80 billion.