411 result(s) for english language in Business
Reality Show Star Guilty Of Tax Fraud In Hungary
- 30 Oct 2012 7:59 AM
- business
Salgótarján Municipal Court on Monday handed suspended sentences to reality show star Győző Gáspár and his wife Beáta Balla for tax evasion. Gáspár, star of the RTL Klub show “Győzike”, and his wife failed to report Ft 27.5 million in income in 2005 and 2006.
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Gamers Say Hungarian State To Lose Ft 70bn
- 19 Oct 2012 9:00 AM
- business
The shortfall in tax revenues from the ban on slot machines and electronic casinos will reach Ft 70 billion annually, gamers' association MSZSZ said in an analysis. In addition, the report estimates the related one-off costs at Ft 130 billion.
Provident Is Most Appealing Employer In Hungary
- 17 Oct 2012 9:00 AM
- business
Financial services firm Provident has been voted the most appealing large company to work for, in a survey of 31,000 employees of 85 companies by consultant Aon Hewitt. It is followed by Magyar Telekom and Ericsson among companies with more than 1,000 personnel.
Cabinet To Create Financial Ombudsman In Hungary
- 5 Oct 2012 9:00 AM
- business
The cabinet will establish an Office for Financial Rights Ombudsman, the Public Administration Ministry announced on Thursday, following an initiative by Prime Minister Viktor Orbán. The office will help protect consumers financially and influence banks and credit institutes by making recommendations, launching inquiries to protect rights, and by advising.
Savoury Flavourings Factory Opens In Makó, Hungary
- 4 Oct 2012 9:01 AM
- business
Production has begun at the new factory of Swiss flavourings and fragrance producer Givaudan in Makó, south Hungary. The company has invested Ft 39 billion to build a high-tech factory in a greenfield investment, its 33rd globally and first in Hungary, creating 300 jobs by 2013. Production capacity is projected to reach 40,000 tons annually. Managing director John Pares said they picked Makó ...
Nokia Completes Job Cuts In Komarom, Hungary
- 26 Sep 2012 9:00 AM
- business
Nokia has axed a further 200 jobs at its plant in Komarom in the third and final wave of job cuts that total 2,300, factory council head Zoltan Laszlo confirmed. Employees were given generous compensation, three months extra pay in addition to the legal minimum and job-seeking benefits as well, he added.
Budapest Labour Relatively Cheap
- 20 Sep 2012 12:50 PM
- business
Hourly wages in Budapest are relatively low, investment bank UBS found in its latest study examining 72 cities. The survey, conducted in May, looked at four professions in manufacturing and 11 in the services sector.
Reality Show Star Guilty Of Tax Fraud In Hungary
- 30 Oct 2012 7:59 AM
- business
Salgótarján Municipal Court on Monday handed suspended sentences to reality show star Győző Gáspár and his wife Beáta Balla for tax evasion. Gáspár, star of the RTL Klub show “Győzike”, and his wife failed to report Ft 27.5 million in income in 2005 and 2006.
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Gamers Say Hungarian State To Lose Ft 70bn
- 19 Oct 2012 9:00 AM
- business
The shortfall in tax revenues from the ban on slot machines and electronic casinos will reach Ft 70 billion annually, gamers' association MSZSZ said in an analysis. In addition, the report estimates the related one-off costs at Ft 130 billion.
Provident Is Most Appealing Employer In Hungary
- 17 Oct 2012 9:00 AM
- business
Financial services firm Provident has been voted the most appealing large company to work for, in a survey of 31,000 employees of 85 companies by consultant Aon Hewitt. It is followed by Magyar Telekom and Ericsson among companies with more than 1,000 personnel.
Cabinet To Create Financial Ombudsman In Hungary
- 5 Oct 2012 9:00 AM
- business
The cabinet will establish an Office for Financial Rights Ombudsman, the Public Administration Ministry announced on Thursday, following an initiative by Prime Minister Viktor Orbán. The office will help protect consumers financially and influence banks and credit institutes by making recommendations, launching inquiries to protect rights, and by advising.
Savoury Flavourings Factory Opens In Makó, Hungary
- 4 Oct 2012 9:01 AM
- business
Production has begun at the new factory of Swiss flavourings and fragrance producer Givaudan in Makó, south Hungary. The company has invested Ft 39 billion to build a high-tech factory in a greenfield investment, its 33rd globally and first in Hungary, creating 300 jobs by 2013. Production capacity is projected to reach 40,000 tons annually. Managing director John Pares said they picked Makó ...
Nokia Completes Job Cuts In Komarom, Hungary
- 26 Sep 2012 9:00 AM
- business
Nokia has axed a further 200 jobs at its plant in Komarom in the third and final wave of job cuts that total 2,300, factory council head Zoltan Laszlo confirmed. Employees were given generous compensation, three months extra pay in addition to the legal minimum and job-seeking benefits as well, he added.
Budapest Labour Relatively Cheap
- 20 Sep 2012 12:50 PM
- business
Hourly wages in Budapest are relatively low, investment bank UBS found in its latest study examining 72 cities. The survey, conducted in May, looked at four professions in manufacturing and 11 in the services sector.