781 result(s) for foreign investment
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
Andras Cornides Interview About Budapest's Property Market
- 16 Mar 2015 12:00 AM
- property
Where did you grow up?
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
Harman Under Taking HUF 3.5bn Expansion In Hungary
- 6 Mar 2015 8:00 AM
- business
US audio equipment maker Harman, which supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover, is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pécs, in southwest Hungary. The investment will create 420 jobs, raising Harman’s headcount in Hungary to over 2,000.
Németh: Tension With US Limits Hungary’s Scope For Action
- 5 Mar 2015 11:00 AM
- current affairs
Tense and unsettled relations with the United States substantially limit Hungary’s scope of action. For this reason, it lies in Hungary’s interest to settle this “marriage in crisis” and clarify misunderstandings, Zsolt Németh, head of parliament’s foreign affairs committee, told national daily Népszabadság.
Szijjártó: Govt Backs EU - US Free Trade Agreement If It Serves Hungary Interests
- 27 Feb 2015 8:00 AM
- current affairs
The outcome of EU-US free trade talks hangs in the balance and the government will only support an accord which serves Hungarian interests, Foreign Minister Péter Szijjártó said in a parliamentary debate initiated by the opposition about the Transatlantic Trade and Investment Partnership (TTIP), adding the government was closely following ongoing negotiations.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Szijjártó: Untapped Gas Good For Hungary For Next 3-5 Yrs
- 19 Feb 2015 8:00 AM
- current affairs
The gas under Hungary’s current contract with Russia which has not been used will be good for another 3-5 years under a political agreement reached between the Russian president and Hungary’s premier, according to which this untapped gas can be used in the upcoming period, the foreign ministry estimates.
Foreign Minister: Putin’s Upcoming Visit To Budapest Could Be Crucial
- 17 Feb 2015 8:00 AM
- current affairs
Russian President Vladimir Putin’s visit to Budapest could be crucial from the point of view of maintaining secure energy supplies to Hungary, Péter Szijjártó, minister of foreign affairs and trade, said. Russia will remain a key player in ensuring central Europe’s energy supply so it is “inconceivable for us not to consult with it regularly,” he said.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
Andras Cornides Interview About Budapest's Property Market
- 16 Mar 2015 12:00 AM
- property
Where did you grow up?
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
I am from Budapest. I grew up in district 9 and district 16 where we lived when I was a child.
Have you always lived in Budapest?
As a small child my father had an assignment in North Africa for a bit less than two years, from there I only have some memories. After this I only spent up to 5 months abroad at a time, but I had the chance to do it a ...
Harman Under Taking HUF 3.5bn Expansion In Hungary
- 6 Mar 2015 8:00 AM
- business
US audio equipment maker Harman, which supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover, is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pécs, in southwest Hungary. The investment will create 420 jobs, raising Harman’s headcount in Hungary to over 2,000.
Németh: Tension With US Limits Hungary’s Scope For Action
- 5 Mar 2015 11:00 AM
- current affairs
Tense and unsettled relations with the United States substantially limit Hungary’s scope of action. For this reason, it lies in Hungary’s interest to settle this “marriage in crisis” and clarify misunderstandings, Zsolt Németh, head of parliament’s foreign affairs committee, told national daily Népszabadság.
Szijjártó: Govt Backs EU - US Free Trade Agreement If It Serves Hungary Interests
- 27 Feb 2015 8:00 AM
- current affairs
The outcome of EU-US free trade talks hangs in the balance and the government will only support an accord which serves Hungarian interests, Foreign Minister Péter Szijjártó said in a parliamentary debate initiated by the opposition about the Transatlantic Trade and Investment Partnership (TTIP), adding the government was closely following ongoing negotiations.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Szijjártó: Untapped Gas Good For Hungary For Next 3-5 Yrs
- 19 Feb 2015 8:00 AM
- current affairs
The gas under Hungary’s current contract with Russia which has not been used will be good for another 3-5 years under a political agreement reached between the Russian president and Hungary’s premier, according to which this untapped gas can be used in the upcoming period, the foreign ministry estimates.
Foreign Minister: Putin’s Upcoming Visit To Budapest Could Be Crucial
- 17 Feb 2015 8:00 AM
- current affairs
Russian President Vladimir Putin’s visit to Budapest could be crucial from the point of view of maintaining secure energy supplies to Hungary, Péter Szijjártó, minister of foreign affairs and trade, said. Russia will remain a key player in ensuring central Europe’s energy supply so it is “inconceivable for us not to consult with it regularly,” he said.