412 result(s) for english language in Business
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Business Closures At Record High In Hungary In First Half
- 13 Jul 2012 9:00 AM
- business
In the first half, 18,200 companies closed down, a record high level, up from 11,300 a year earlier, website feketelista.hu reports. In the first half 2.9% of all companies closed down. The number of new companies registered was 13,100, down from 25,400 one year earlier. The number of companies stood at 640,300 on June 30, 2012.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Hungarian Trade Promotion Agency Expects Ft 3bn
- 2 Jul 2012 9:03 AM
- business
The Hungarian Investment and Trade Agency is currently working on bringing 70 investments to Hungary, the total value of which, if implemented, would be €3 billion, creating 13,000 jobs, Napi Gazdaság reported.
Hungarian Banks Prepare For Intra-Day Payment
- 28 Jun 2012 9:00 AM
- business
Banks and the MNB are carrying out test runs of intra-day settlements of electronic payment orders at high volume, before a new system enters into effect on July 1, the Banking Association announced yesterday. Electronic payment orders between banks will be executed within four hours, rather than the current two or three days, from Monday.
China Firm May Cancel Project In Szolnok, Hungary
- 26 Jun 2012 9:00 AM
- business
China’s BBCA Group will probably cancel its plans to build a citric acid factory in Szolnok as Hungary has not fulfilled its duties and has not made its required financial contribution, Napi Gazdaság reports. BBCA is looking for an alternative location, possibly Miskolc or a site in Veszprém county, but possibly also Belgium.
Only Tenth Of Hungarian Companies Plan New Hires, Survey Shows
- 13 Jun 2012 9:00 AM
- business
Among 750 Hungarian companies surveyed in the second quarter, 13% are planning dismissals, 71% no change in their staff and 11% new hires, labour market consultancy Manpower announced on Tuesday.
Employer Association In Hungary Welcomes Minimum Wage Cut
- 12 Jun 2012 9:01 AM
- business
Establishing a lower minimum wage requirement for career starters, who have no skills or work experience, might help tens of thousands of young people to get a job, Ferenc Dávid of employer association VOSZ said. VOSZ will support the initiative if it is fair and supported with feasibility calculations, Dávid added.
Hungary Losing Appeal For German Firms
- 11 Jun 2012 9:03 AM
- business
German companies see Hungary as less attractive as an investment destination than last year, according to a survey of 1,323 German companies in 16 East European countries. Hungary dropped from 10th on the list in 2011 to 13th in 2012. Hungary was fifth in 2006 and 2008.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Business Closures At Record High In Hungary In First Half
- 13 Jul 2012 9:00 AM
- business
In the first half, 18,200 companies closed down, a record high level, up from 11,300 a year earlier, website feketelista.hu reports. In the first half 2.9% of all companies closed down. The number of new companies registered was 13,100, down from 25,400 one year earlier. The number of companies stood at 640,300 on June 30, 2012.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Hungarian Trade Promotion Agency Expects Ft 3bn
- 2 Jul 2012 9:03 AM
- business
The Hungarian Investment and Trade Agency is currently working on bringing 70 investments to Hungary, the total value of which, if implemented, would be €3 billion, creating 13,000 jobs, Napi Gazdaság reported.
Hungarian Banks Prepare For Intra-Day Payment
- 28 Jun 2012 9:00 AM
- business
Banks and the MNB are carrying out test runs of intra-day settlements of electronic payment orders at high volume, before a new system enters into effect on July 1, the Banking Association announced yesterday. Electronic payment orders between banks will be executed within four hours, rather than the current two or three days, from Monday.
China Firm May Cancel Project In Szolnok, Hungary
- 26 Jun 2012 9:00 AM
- business
China’s BBCA Group will probably cancel its plans to build a citric acid factory in Szolnok as Hungary has not fulfilled its duties and has not made its required financial contribution, Napi Gazdaság reports. BBCA is looking for an alternative location, possibly Miskolc or a site in Veszprém county, but possibly also Belgium.
Only Tenth Of Hungarian Companies Plan New Hires, Survey Shows
- 13 Jun 2012 9:00 AM
- business
Among 750 Hungarian companies surveyed in the second quarter, 13% are planning dismissals, 71% no change in their staff and 11% new hires, labour market consultancy Manpower announced on Tuesday.
Employer Association In Hungary Welcomes Minimum Wage Cut
- 12 Jun 2012 9:01 AM
- business
Establishing a lower minimum wage requirement for career starters, who have no skills or work experience, might help tens of thousands of young people to get a job, Ferenc Dávid of employer association VOSZ said. VOSZ will support the initiative if it is fair and supported with feasibility calculations, Dávid added.
Hungary Losing Appeal For German Firms
- 11 Jun 2012 9:03 AM
- business
German companies see Hungary as less attractive as an investment destination than last year, according to a survey of 1,323 German companies in 16 East European countries. Hungary dropped from 10th on the list in 2011 to 13th in 2012. Hungary was fifth in 2006 and 2008.