412 result(s) for english language in Business
Hungarian Industrial Output Slump Stuns Analysts
- 8 Jun 2012 9:00 AM
- business
Industrial output shrank 3.1% in April year-on-year, after dropping an annualised 1.6% in March, according to preliminary unadjusted data from the Central Statistics Office (KSH). Output fell 2.4% month-on-month. In the first five months, industrial output decreased 0.8% year-on-year.
Hungarian Banks Offer Highest Interest Rate On Deposits In Europe
- 7 Jun 2012 9:04 AM
- business
Money kept in bank deposits yields 500 basis points in real interest, which is striking even in Europe, wrote financial website Bankmonitor. This is higher than the real yields on investments on the New York Stock Exchange on average for the last 85 years, the site observed.
Hungarian Cabinet Withdraws Central Bank Bill
- 24 May 2012 10:50 AM
- business
The central bank bill has been taken off Parliament’s agenda, due to technical errors, and as a result will not be passed before June. The EU had said that changes to the central bank law are a precondition for talks on an IMF loan. The bill was scheduled to be submitted last Friday, but has been held back due to incorrect numbering in the references.
Bosch Group Posts Solid Growth In Hungary
- 22 May 2012 9:00 AM
- business
Revenues of industrial group Bosch in Hungary rose 27% in 2011 to Ft 527 billion, head of Hungarian operations Javier Gonzalez Pareja announced last week. Sales rose 13% to Ft 134 billion on the domestic market mainly in the auto parts segment. Bosch added 1,700 new jobs in Hungary last year to about 8,000.
St. Petersburg Ends Hungarian Property Developer TriGránit Contract
- 15 May 2012 9:00 AM
- business
The mayor of Saint Petersburg has cancelled a 2011 contract between the city and Hungarian property developer TriGránit on building a cultural centre in the city, Napi Gazdaság reports. The city does not intend to pay compensation for the cancelled project of about $600 million, the daily added.
Industrial Prices Up 7% In Hungary In April
- 11 May 2012 9:00 AM
- business
Industrial producer prices rose 0.2% month-on-month in March and were up 6.8% year-on-year, the Central Statistics Office announced. Export prices increased 0.3% month-on-month and 5.8% year-on-year, while domestic sales prices were unchanged from February, and grew 7.6% since March, 2011. Prices went up 9.2% year-on-year in the energy and manufacturing sectors.
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Bosch Moves Some Of Its Production Units From Hungary to Romania
- 9 May 2012 9:00 AM
- business
Auto parts company Bosch is moving production of its less sophisticated control units from Hatvan, in Heves county, to Cluj-Napoca, Romania, where it is building a new factory for car control unit production.
Al Habtoor Buys Le Meridien Budapest
- 8 May 2012 9:04 AM
- business
Dubai group Al Habtoor purchased the five-star Budapest Le Meridien hotel, in a contract signed in Budapest on Monday. Chairman Khalaf Ahmed Habtoor said they are planning for the long term in Hungary and may purchase further hotels or development sites. He neither confirmed nor denied the reported $80 million purchase price.
Hungarian Industrial Output Slump Stuns Analysts
- 8 Jun 2012 9:00 AM
- business
Industrial output shrank 3.1% in April year-on-year, after dropping an annualised 1.6% in March, according to preliminary unadjusted data from the Central Statistics Office (KSH). Output fell 2.4% month-on-month. In the first five months, industrial output decreased 0.8% year-on-year.
Hungarian Banks Offer Highest Interest Rate On Deposits In Europe
- 7 Jun 2012 9:04 AM
- business
Money kept in bank deposits yields 500 basis points in real interest, which is striking even in Europe, wrote financial website Bankmonitor. This is higher than the real yields on investments on the New York Stock Exchange on average for the last 85 years, the site observed.
Hungarian Cabinet Withdraws Central Bank Bill
- 24 May 2012 10:50 AM
- business
The central bank bill has been taken off Parliament’s agenda, due to technical errors, and as a result will not be passed before June. The EU had said that changes to the central bank law are a precondition for talks on an IMF loan. The bill was scheduled to be submitted last Friday, but has been held back due to incorrect numbering in the references.
Bosch Group Posts Solid Growth In Hungary
- 22 May 2012 9:00 AM
- business
Revenues of industrial group Bosch in Hungary rose 27% in 2011 to Ft 527 billion, head of Hungarian operations Javier Gonzalez Pareja announced last week. Sales rose 13% to Ft 134 billion on the domestic market mainly in the auto parts segment. Bosch added 1,700 new jobs in Hungary last year to about 8,000.
St. Petersburg Ends Hungarian Property Developer TriGránit Contract
- 15 May 2012 9:00 AM
- business
The mayor of Saint Petersburg has cancelled a 2011 contract between the city and Hungarian property developer TriGránit on building a cultural centre in the city, Napi Gazdaság reports. The city does not intend to pay compensation for the cancelled project of about $600 million, the daily added.
Industrial Prices Up 7% In Hungary In April
- 11 May 2012 9:00 AM
- business
Industrial producer prices rose 0.2% month-on-month in March and were up 6.8% year-on-year, the Central Statistics Office announced. Export prices increased 0.3% month-on-month and 5.8% year-on-year, while domestic sales prices were unchanged from February, and grew 7.6% since March, 2011. Prices went up 9.2% year-on-year in the energy and manufacturing sectors.
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Bosch Moves Some Of Its Production Units From Hungary to Romania
- 9 May 2012 9:00 AM
- business
Auto parts company Bosch is moving production of its less sophisticated control units from Hatvan, in Heves county, to Cluj-Napoca, Romania, where it is building a new factory for car control unit production.
Al Habtoor Buys Le Meridien Budapest
- 8 May 2012 9:04 AM
- business
Dubai group Al Habtoor purchased the five-star Budapest Le Meridien hotel, in a contract signed in Budapest on Monday. Chairman Khalaf Ahmed Habtoor said they are planning for the long term in Hungary and may purchase further hotels or development sites. He neither confirmed nor denied the reported $80 million purchase price.