370 result(s) for foreign investor
Xpat Opinion: Fear Of Refugees Is Something To Fear
- 29 Jul 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
IBM To Enlarge Its Hungarian Headquarters With Project Worth More Than Three Billion
- 1 Jul 2016 9:00 AM
- tech
IBM will enlarge its Székesfehérvár IT service headquarters with an investment worth HUF 3.2 billion, and based on an individual decision, the Government will provide HUF 1.1 billion for the project. As a result, 410 new jobs will be created, the Minister of Foreign Affairs and Trade announced on Wednesday in Székesfehérvár.
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.
US - Hungary Business Council: Hungary Good Place To Invest
- 23 May 2016 10:00 AM
- business
American investors think the environment for doing business in Hungary is good, the chairman of the American-Hungarian Business Council said in daily Magyar Hirlap on Saturday. Almost 800 US businesses have invested in Hungary, Eric Stewart told the paper. It’s important for Hungary to create opportunities for foreign companies to invest in the country, he added.
Szijjártó Owes US Criticism Of Hungary To Soros’ ‘Dissatisfaction’ With Govt
- 19 May 2016 9:00 AM
- current affairs
Recent critical remarks about Hungary from the United States can be put down to Hungarian-born financier George Soros’ “dissatisfaction” with the current Hungarian government, Foreign Minister Péter Szijjártó said. “Soros is dissatisfied with Hungary’s government and he wants to see a different government in power,” the minister said. “We believe it is this dissatisfaction that is at the heart of ...
TTIP Deal ‘Highly Unlikely’ In 2016, Says Hungary Govt Official
- 17 May 2016 9:01 AM
- current affairs
It is “highly unlikely” that a deal will be reached this year on the TTIP free trade pact between the United States and the European Union, István Mikola, state secretary at the Hungarian foreign ministry, said in Brussels. Speaking after a meeting of EU foreign ministers, Mikola said the talks focused on the TTIP and the EU-Canada CETA deal.
Survey: 80% Of Foreign Companies Would Reinvest In Hungary
- 14 Apr 2016 9:00 AM
- business
Given the choice, 80% of foreign-owned companies would reinvest in Hungary based on the current situation, up from 71% in 2015, an annual survey of 227 companies carried out by the German-Hungarian Chamber of Industry and Commerce (DUIHK) showed, state-owned news agency MTI reported.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Xpat Opinion: Fear Of Refugees Is Something To Fear
- 29 Jul 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
IBM To Enlarge Its Hungarian Headquarters With Project Worth More Than Three Billion
- 1 Jul 2016 9:00 AM
- tech
IBM will enlarge its Székesfehérvár IT service headquarters with an investment worth HUF 3.2 billion, and based on an individual decision, the Government will provide HUF 1.1 billion for the project. As a result, 410 new jobs will be created, the Minister of Foreign Affairs and Trade announced on Wednesday in Székesfehérvár.
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.
US - Hungary Business Council: Hungary Good Place To Invest
- 23 May 2016 10:00 AM
- business
American investors think the environment for doing business in Hungary is good, the chairman of the American-Hungarian Business Council said in daily Magyar Hirlap on Saturday. Almost 800 US businesses have invested in Hungary, Eric Stewart told the paper. It’s important for Hungary to create opportunities for foreign companies to invest in the country, he added.
Szijjártó Owes US Criticism Of Hungary To Soros’ ‘Dissatisfaction’ With Govt
- 19 May 2016 9:00 AM
- current affairs
Recent critical remarks about Hungary from the United States can be put down to Hungarian-born financier George Soros’ “dissatisfaction” with the current Hungarian government, Foreign Minister Péter Szijjártó said. “Soros is dissatisfied with Hungary’s government and he wants to see a different government in power,” the minister said. “We believe it is this dissatisfaction that is at the heart of ...
TTIP Deal ‘Highly Unlikely’ In 2016, Says Hungary Govt Official
- 17 May 2016 9:01 AM
- current affairs
It is “highly unlikely” that a deal will be reached this year on the TTIP free trade pact between the United States and the European Union, István Mikola, state secretary at the Hungarian foreign ministry, said in Brussels. Speaking after a meeting of EU foreign ministers, Mikola said the talks focused on the TTIP and the EU-Canada CETA deal.
Survey: 80% Of Foreign Companies Would Reinvest In Hungary
- 14 Apr 2016 9:00 AM
- business
Given the choice, 80% of foreign-owned companies would reinvest in Hungary based on the current situation, up from 71% in 2015, an annual survey of 227 companies carried out by the German-Hungarian Chamber of Industry and Commerce (DUIHK) showed, state-owned news agency MTI reported.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...