116 result(s) for financial assets
Hidden Businesses Of Influential Hungarians Revealed In New Massive Offshore Leak
- 8 Nov 2017 7:40 AM
- current affairs
One and a half year after the story of Panama Papers broke, another huge leak shed light on the operations of tens of thousands of offshore entities. Several Hungarian companies and individuals appear in the 13.4 million leaked files, though this time there are no politicians among them. Still, the documents reveal details of hitherto unknown business dealings of some influential Hungarian public ...
Sziget Sells 70% Stake To U.S. Equity Fund
- 19 Jan 2017 7:20 AM
- entertainment
Those in the loop have known for some time that Sziget was up for sale, we can now announce what founder Károly Gerendai says about this breaking news, “With the financial resources and international background of Providence as an addition to our professional team, our position can be further strengthened.”
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Paks Project Financier Faces Problems
- 17 Jun 2016 9:00 AM
- current affairs
Vnesheconombank the Russian lender chosen to finance the expansion of the Paks nuclear power plant, is facing serious financial difficulties, Bloomberg news agency reports. The bank needs a $20 billion bailout package, according to the report.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Xpat Opinion: Péter Juhász, TV2 & Fidesz Locked In War Over Wealth
- 22 Mar 2016 8:00 AM
- current affairs
Népszabadság accuses the government’s communication team of targeting people critical of those in power, while Pesti Srácok warns that opposition politicians are also public figures who must face public scrutiny.
Hidden Businesses Of Influential Hungarians Revealed In New Massive Offshore Leak
- 8 Nov 2017 7:40 AM
- current affairs
One and a half year after the story of Panama Papers broke, another huge leak shed light on the operations of tens of thousands of offshore entities. Several Hungarian companies and individuals appear in the 13.4 million leaked files, though this time there are no politicians among them. Still, the documents reveal details of hitherto unknown business dealings of some influential Hungarian public ...
Sziget Sells 70% Stake To U.S. Equity Fund
- 19 Jan 2017 7:20 AM
- entertainment
Those in the loop have known for some time that Sziget was up for sale, we can now announce what founder Károly Gerendai says about this breaking news, “With the financial resources and international background of Providence as an addition to our professional team, our position can be further strengthened.”
Govt Office Chief: Former Head Of Quaestor Brokerage ‘Common Criminal’
- 25 Nov 2016 8:00 AM
- current affairs
Csaba Tarsoly, the former head of the scandal-mired brokerage Quaestor in preliminary detention awaiting trial “is nothing other than a common criminal”, János Lázár, the government office chief, said in reply to a question at a weekly news briefing.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Paks Project Financier Faces Problems
- 17 Jun 2016 9:00 AM
- current affairs
Vnesheconombank the Russian lender chosen to finance the expansion of the Paks nuclear power plant, is facing serious financial difficulties, Bloomberg news agency reports. The bank needs a $20 billion bailout package, according to the report.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Xpat Opinion: Péter Juhász, TV2 & Fidesz Locked In War Over Wealth
- 22 Mar 2016 8:00 AM
- current affairs
Népszabadság accuses the government’s communication team of targeting people critical of those in power, while Pesti Srácok warns that opposition politicians are also public figures who must face public scrutiny.