124 result(s) for foreign firms
November Sales Of Hungarian Residency Bonds Skyrocket
- 16 Dec 2016 7:24 AM
- current affairs
Applications for residency permits through the Hungarian government’s so-called residency bond program dramatically increased in November after official announcements in October suggested the program would be eliminated at the end of the year, mno.hu reports.
EU Brexit Negotiator Barnier Holds Talks In Budapest
- 15 Dec 2016 8:49 AM
- current affairs
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Szijjártó: Hungary To Open EUR 5M Credit Line For Afghanistan
- 6 Oct 2016 9:00 AM
- current affairs
Hungary will open a 5 million euro preferential long-term credit line with a low interest rate to support Afghanistan, the foreign minister announced on the sidelines of an international donor conference in Brussels on Wednesday. The loan will support projects for upgrading Afghanistan’s infrastructure, institutions and technology, Péter Szijjártó told Hungarian reporters.
Bilateral Talks Held On Sidelines Of UN General Assembly
- 23 Sep 2016 9:00 AM
- current affairs
Foreign Minister Péter Szijjártó held bilateral talks on the sidelines of the United Nations general assembly session in New York, with delegates of countries including El Salvador, Kyrgyzstan, Morocco, Thailand, Angola and Russia. Szijjártó signed a foreign affairs cooperation agreement with his counterpart from El Salvador, aimed at holding consultations between the two ministries and promoting ...
Hungary Urges ‘Google Tax’ On Internet Firms
- 13 Sep 2016 9:00 AM
- business
Hungary presented a proposal to levy a withholding tax on internet companies – such as Google, Facebook and Amazon – at an informal meeting of European Union finance ministers in Bratislava at the weekend, Hungarian news agency MTI reported. The commonly cited “Google tax” has been mentioned several times by the Hungarian government lately.
Opposition Parties Warn Of Residency Bond ‘National Security Risks’
- 7 Sep 2016 9:00 AM
- current affairs
Opposition parties said the country’s residency bond scheme carried risks after a newspaper report suggesting a foreign criminal had purchased a bond allowing residency in Hungary. The radical nationalist Jobbik party has called on the government to suspend the sale of residency bonds, citing risks to national security.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
November Sales Of Hungarian Residency Bonds Skyrocket
- 16 Dec 2016 7:24 AM
- current affairs
Applications for residency permits through the Hungarian government’s so-called residency bond program dramatically increased in November after official announcements in October suggested the program would be eliminated at the end of the year, mno.hu reports.
EU Brexit Negotiator Barnier Holds Talks In Budapest
- 15 Dec 2016 8:49 AM
- current affairs
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Szijjártó: Hungary To Open EUR 5M Credit Line For Afghanistan
- 6 Oct 2016 9:00 AM
- current affairs
Hungary will open a 5 million euro preferential long-term credit line with a low interest rate to support Afghanistan, the foreign minister announced on the sidelines of an international donor conference in Brussels on Wednesday. The loan will support projects for upgrading Afghanistan’s infrastructure, institutions and technology, Péter Szijjártó told Hungarian reporters.
Bilateral Talks Held On Sidelines Of UN General Assembly
- 23 Sep 2016 9:00 AM
- current affairs
Foreign Minister Péter Szijjártó held bilateral talks on the sidelines of the United Nations general assembly session in New York, with delegates of countries including El Salvador, Kyrgyzstan, Morocco, Thailand, Angola and Russia. Szijjártó signed a foreign affairs cooperation agreement with his counterpart from El Salvador, aimed at holding consultations between the two ministries and promoting ...
Hungary Urges ‘Google Tax’ On Internet Firms
- 13 Sep 2016 9:00 AM
- business
Hungary presented a proposal to levy a withholding tax on internet companies – such as Google, Facebook and Amazon – at an informal meeting of European Union finance ministers in Bratislava at the weekend, Hungarian news agency MTI reported. The commonly cited “Google tax” has been mentioned several times by the Hungarian government lately.
Opposition Parties Warn Of Residency Bond ‘National Security Risks’
- 7 Sep 2016 9:00 AM
- current affairs
Opposition parties said the country’s residency bond scheme carried risks after a newspaper report suggesting a foreign criminal had purchased a bond allowing residency in Hungary. The radical nationalist Jobbik party has called on the government to suspend the sale of residency bonds, citing risks to national security.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.


















