22 result(s) for former owner in Business
Xpat Opinion: Hungarian Government Buys Back Water Supplier
- 29 Apr 2013 9:00 AM
- business
A pro-government commentator welcomes the government’s decision to buy the Pécs municipal water provider company. The leading left-wing liberal daily, on the other hand, finds it unacceptable that taxpayers have to pay for lower energy prices through the renationalization of the utility sector.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Hungary’s Supreme Court Cancels Sale Of Former Gas Trader Emfesz
- 14 Feb 2012 8:00 AM
- business
'The Kúria, Hungary’s supreme court, yesterday voided the 2009 sale of former gas trader Emfesz and declared that its sole owner is the Cyprus-registered Mabofi Holding. The court found that former Emfesz CEO István Góczi had no authorisation to sell the 100% ownership of Mabofi to Swiss registered RosGas on April 28, 2009. Góczi reportedly sold the company for $1.
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
Xpat Opinion: Hungarian Government Buys Back Water Supplier
- 29 Apr 2013 9:00 AM
- business
A pro-government commentator welcomes the government’s decision to buy the Pécs municipal water provider company. The leading left-wing liberal daily, on the other hand, finds it unacceptable that taxpayers have to pay for lower energy prices through the renationalization of the utility sector.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Hungary’s Supreme Court Cancels Sale Of Former Gas Trader Emfesz
- 14 Feb 2012 8:00 AM
- business
'The Kúria, Hungary’s supreme court, yesterday voided the 2009 sale of former gas trader Emfesz and declared that its sole owner is the Cyprus-registered Mabofi Holding. The court found that former Emfesz CEO István Góczi had no authorisation to sell the 100% ownership of Mabofi to Swiss registered RosGas on April 28, 2009. Góczi reportedly sold the company for $1.
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.