147 result(s) for hungarian government in Property
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungarian Cabinet Backs Down From Plans To Allow Gigantic Mosque To Be Built In Budapest
- 21 Dec 2015 8:00 AM
- property
The Hungarian government has backed down from earlier plans to allow a gigantic Turkish-funded mosque to be built in the capital Budapest’s District X. Despite the plan winning over the support of Prime Minister Viktor Orbán in May, Bence Rétvári, State Secretary at the Ministry of Human Resources, has now said in a statement that the cabinet will not give the scheme the go-ahead because “the ...
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Land Fund Lawsuit Vs Kishantos Organic Farm, Greenpeace Suspended
- 10 Nov 2015 2:00 AM
- property
A Pest County court suspended a lawsuit filed by the National Land Management Fund (NFA) against the organic farm of Kishantos and Greenpeace Hungary. Last year, the NFA filed a lawsuit against the Kishantos Rural Development Centre saying that it had caused damages to the state for more than six months by using land that it had been leasing in the past but then lost the eligibility to use.
Opposition Criticises Hungarian Govt Farmland Sale In Parl Debate
- 27 Oct 2015 8:00 AM
- property
Opposition parties criticised the government’s farmland programme in a parliamentary debate dedicated to the plan. The Socialists said that the government’s auctioning off stateowned farmland will not prevent foreign nationals from obtaining estates in Hungary. On the contrary, foreigners could not buy land if all those plots remained publicly owned, Socialist deputy chair Zoltán Gőgös said.
Govt Finalises Budapest Liget Museum Quarter Plans
- 26 Oct 2015 3:30 AM
- property
The government has finalised plans for Budapest’s large-scale Liget museum quarter with some changes, László Baán, the project’s commissioner, told a parliamentary committee. The Liget Budapest project’s original plan involved setting up five museums for Hungarian music, fine arts, architecture, ethnography and photography in City Park (Városliget).
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Hungarian Cabinet Backs Down From Plans To Allow Gigantic Mosque To Be Built In Budapest
- 21 Dec 2015 8:00 AM
- property
The Hungarian government has backed down from earlier plans to allow a gigantic Turkish-funded mosque to be built in the capital Budapest’s District X. Despite the plan winning over the support of Prime Minister Viktor Orbán in May, Bence Rétvári, State Secretary at the Ministry of Human Resources, has now said in a statement that the cabinet will not give the scheme the go-ahead because “the ...
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Opposition DK, PM Parties Savage Budapest Várkert Bazár Restoration
- 9 Dec 2015 8:00 AM
- property
Shoddy construction and nepotism are the main features of the statebacked project to restore the royal garden pavilions at the foot of Castle Hill in Budapest, according to opposition parties that slammed the project. The neo-Renaissance Várkert Bazár, designed by iconic Hungarian architect Miklós Ybl in 1883, was closed off in 1984 and remained in an appalling state of repair until a project to ...
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Budapest Court Acquits Officials Of Charges Over 2008 Real Estate Resale
- 26 Nov 2015 8:00 AM
- property
A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case. According to the indictment, Árpád Székely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.
Land Fund Lawsuit Vs Kishantos Organic Farm, Greenpeace Suspended
- 10 Nov 2015 2:00 AM
- property
A Pest County court suspended a lawsuit filed by the National Land Management Fund (NFA) against the organic farm of Kishantos and Greenpeace Hungary. Last year, the NFA filed a lawsuit against the Kishantos Rural Development Centre saying that it had caused damages to the state for more than six months by using land that it had been leasing in the past but then lost the eligibility to use.
Opposition Criticises Hungarian Govt Farmland Sale In Parl Debate
- 27 Oct 2015 8:00 AM
- property
Opposition parties criticised the government’s farmland programme in a parliamentary debate dedicated to the plan. The Socialists said that the government’s auctioning off stateowned farmland will not prevent foreign nationals from obtaining estates in Hungary. On the contrary, foreigners could not buy land if all those plots remained publicly owned, Socialist deputy chair Zoltán Gőgös said.
Govt Finalises Budapest Liget Museum Quarter Plans
- 26 Oct 2015 3:30 AM
- property
The government has finalised plans for Budapest’s large-scale Liget museum quarter with some changes, László Baán, the project’s commissioner, told a parliamentary committee. The Liget Budapest project’s original plan involved setting up five museums for Hungarian music, fine arts, architecture, ethnography and photography in City Park (Városliget).