411 result(s) for english language in Business
Electric Car Maker Enters Hungary
- 16 Jun 2015 9:00 AM
- business
US electric car manufacturer Tesla has started to sell its models in Hungary, beginning with its premium ‘S’ model, news website Index reports. Tesla plans to enter Slovakia and the Czech Republic by the end of the year. The cars are sold by Business Lease Csoport, a subsidiary of AutoBinck Holding.
65,000 Foreigners Work In Hungary
- 12 Jun 2015 9:00 AM
- business
Approximately 65,000 foreigners work in Hungary, and they “take” slightly more than 1.5% of jobs, according to National Labour Office data. These include about 50,000 EU citizens working here, who do not require job permits. Of those, 34,000 have come from Romania, 9,000 from Slovakia, 1,500 from each of Poland and Germany, 900 from Great Britain, 650 from France, 550 from Italy and 350 from the ...
Investors Snap Up Masterplast Shares
- 4 Jun 2015 9:00 AM
- business
Masterplast’s main owners sold 400,000 shares in the building materials manufacturer and wholesaler at Ft 549 each at an auction on Wednesday. The price is 5.6% higher than the minimum price of Ft 520, and above Tuesday’s closing price of Ft 535. Concorde brokerage was the lead manger of the auction, which was three times oversubscribed.
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
Labour Relatively Cheap In Hungary
- 5 May 2015 9:00 AM
- business
Hourly labour costs are lower in Hungary than in all but four other EU members states, according to calculations by German statistics office Destatis. Hourly labour costs here were €7.8 in 2014, up 3.5% from one year earlier. This is slightly more than the €7 in Latvia, €6.6 in Lithuania, €4.8 in Romania and €3.8 in Bulgaria.
Raiffeisen To Close 45 Branches In Hungary
- 30 Apr 2015 9:00 AM
- business
Raiffeisen Bank has announced a major cutback in its Hungarian operations, with plans to close 45 of its 112 branches, dismissing 15% of staff, as part of a strategy overhaul.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Hungarian Gov’t Comes To The Rescue Of Styl
- 15 Apr 2015 9:00 AM
- business
The government will offer a Ft 4.5 billion subsidy to save the clothing manufacturer Styl Ruhagyár in Szombathely, Vas County, Napi Gazdaság reports, citing the agenda of the city council, which will vote on the matter on Thursday. The court ordered the liquidation of the company in 2005 after it failed to pay a $6,000 invoice.
Electric Car Maker Enters Hungary
- 16 Jun 2015 9:00 AM
- business
US electric car manufacturer Tesla has started to sell its models in Hungary, beginning with its premium ‘S’ model, news website Index reports. Tesla plans to enter Slovakia and the Czech Republic by the end of the year. The cars are sold by Business Lease Csoport, a subsidiary of AutoBinck Holding.
65,000 Foreigners Work In Hungary
- 12 Jun 2015 9:00 AM
- business
Approximately 65,000 foreigners work in Hungary, and they “take” slightly more than 1.5% of jobs, according to National Labour Office data. These include about 50,000 EU citizens working here, who do not require job permits. Of those, 34,000 have come from Romania, 9,000 from Slovakia, 1,500 from each of Poland and Germany, 900 from Great Britain, 650 from France, 550 from Italy and 350 from the ...
Investors Snap Up Masterplast Shares
- 4 Jun 2015 9:00 AM
- business
Masterplast’s main owners sold 400,000 shares in the building materials manufacturer and wholesaler at Ft 549 each at an auction on Wednesday. The price is 5.6% higher than the minimum price of Ft 520, and above Tuesday’s closing price of Ft 535. Concorde brokerage was the lead manger of the auction, which was three times oversubscribed.
Hungary's OTP Challenges Quaestor Law
- 18 May 2015 9:00 AM
- business
OTP bank plans to go to the Constitutional Court to question the law ordering banks to pay into a fund set up to compensate investors in failed financial group Quaestor, chairman and CEO Sándor Csányi said on Friday. OTP will have to pay Ft 57 billion to the fund, Népszabadság estimates.
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
Labour Relatively Cheap In Hungary
- 5 May 2015 9:00 AM
- business
Hourly labour costs are lower in Hungary than in all but four other EU members states, according to calculations by German statistics office Destatis. Hourly labour costs here were €7.8 in 2014, up 3.5% from one year earlier. This is slightly more than the €7 in Latvia, €6.6 in Lithuania, €4.8 in Romania and €3.8 in Bulgaria.
Raiffeisen To Close 45 Branches In Hungary
- 30 Apr 2015 9:00 AM
- business
Raiffeisen Bank has announced a major cutback in its Hungarian operations, with plans to close 45 of its 112 branches, dismissing 15% of staff, as part of a strategy overhaul.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Hungarian Gov’t Comes To The Rescue Of Styl
- 15 Apr 2015 9:00 AM
- business
The government will offer a Ft 4.5 billion subsidy to save the clothing manufacturer Styl Ruhagyár in Szombathely, Vas County, Napi Gazdaság reports, citing the agenda of the city council, which will vote on the matter on Thursday. The court ordered the liquidation of the company in 2005 after it failed to pay a $6,000 invoice.