4,346 result(s) for increase
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary Upgrades Espionage Capabilities
- 17 Jul 2015 12:40 PM
- current affairs
The massive reorganization at Hungary’s “Information Office”, the country’s non-military intelligence gathering agency, is finished. The next big reorganization will take place at the Constitutional Protection Office, Hungary’s counter-intelligence agency.
No One Wants To Work Here In Hungary
- 17 Jul 2015 12:35 PM
- current affairs
Hungarian magazine Hetek recently published an article which explored job opportunities, or lack thereof, around Hungary. The magazine looked at job listings, called employers looking to hire, spoke to employees, and looked at studies that sized up work-related stress among employees and managers. Working in Hungary, it turns out, is not that easy.
Budapest Housing Rents Up 20%
- 16 Jul 2015 9:00 AM
- property
Housing rents are up 20% in Budapest’s city centre and near the universities compared to the first half of 2014, business daily Világgazdaság said. Outside of the capital, rents are practically unchanged in East Hungary, but prices in the West, particularly in the environs of Győr, Sopron and Szombathely, are now close to those in Budapest, Attila Déry, analyst of real estate broker Otthon ...
Hungary’s Béres Gets Huge Subsidy For Ft 3.2bn Investment
- 15 Jul 2015 9:00 AM
- health & wellness
Pharmaceutical company Béres Gyógyszergyár has began a Ft 3.2 billion capacity expansion investment at its plant in Szolnok. Half of the costs, Ft 1.6 billion, will be covered by the state, Foreign Affairs and Trade Minister Péter Szijjártó announced. Béres will increase its production area to 1,600m2 and its warehouse storage space by 400m2, in addition to installing new technology in the plant.
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Tourism Sector In Hungary Still On The Rise
- 13 Jul 2015 9:00 AM
- travel
The number of guest nights spent in Hungarian hotels and guesthouses went up by an annual 3.8% to 2,247,000 in May, the Central Statistical Office (KSH) said. Tourism has proven successful as one of the driving forces of the national economy: between 1 January and 31 May, 3.4 million tourists spent a total of 7.9 million guest nights at commercial accommodation establishments.
Hungarian Immigration Office “Under Pressure”
- 13 Jul 2015 9:00 AM
- current affairs
The Hungarian immigration office has increased the number of employees processing asylum applications since last year but is facing huge pressure to handle a dramatic increase in applications over the past few months, the daily Magyar Nemzet reported. Currently around 25,000 applications are being processed by 134 administrators (34 more than last year), the paper said, citing information from ...
Electricity Demand In Hungary Peaks During Heat Wave
- 9 Jul 2015 9:00 AM
- current affairs
Electricity demand in Hungary reached a new summer peak on Tuesday as people tried to stay cool during a heat wave, dailies said on Wednesday, citing data from transmission system operator Mavir. Demand reached 6,450 MW early in the afternoon on Tuesday. Last summer, demand peaked at 6,050 MW. The previous record, of 6,320 MW, was set in 2007.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary Upgrades Espionage Capabilities
- 17 Jul 2015 12:40 PM
- current affairs
The massive reorganization at Hungary’s “Information Office”, the country’s non-military intelligence gathering agency, is finished. The next big reorganization will take place at the Constitutional Protection Office, Hungary’s counter-intelligence agency.
No One Wants To Work Here In Hungary
- 17 Jul 2015 12:35 PM
- current affairs
Hungarian magazine Hetek recently published an article which explored job opportunities, or lack thereof, around Hungary. The magazine looked at job listings, called employers looking to hire, spoke to employees, and looked at studies that sized up work-related stress among employees and managers. Working in Hungary, it turns out, is not that easy.
Budapest Housing Rents Up 20%
- 16 Jul 2015 9:00 AM
- property
Housing rents are up 20% in Budapest’s city centre and near the universities compared to the first half of 2014, business daily Világgazdaság said. Outside of the capital, rents are practically unchanged in East Hungary, but prices in the West, particularly in the environs of Győr, Sopron and Szombathely, are now close to those in Budapest, Attila Déry, analyst of real estate broker Otthon ...
Hungary’s Béres Gets Huge Subsidy For Ft 3.2bn Investment
- 15 Jul 2015 9:00 AM
- health & wellness
Pharmaceutical company Béres Gyógyszergyár has began a Ft 3.2 billion capacity expansion investment at its plant in Szolnok. Half of the costs, Ft 1.6 billion, will be covered by the state, Foreign Affairs and Trade Minister Péter Szijjártó announced. Béres will increase its production area to 1,600m2 and its warehouse storage space by 400m2, in addition to installing new technology in the plant.
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Tourism Sector In Hungary Still On The Rise
- 13 Jul 2015 9:00 AM
- travel
The number of guest nights spent in Hungarian hotels and guesthouses went up by an annual 3.8% to 2,247,000 in May, the Central Statistical Office (KSH) said. Tourism has proven successful as one of the driving forces of the national economy: between 1 January and 31 May, 3.4 million tourists spent a total of 7.9 million guest nights at commercial accommodation establishments.
Hungarian Immigration Office “Under Pressure”
- 13 Jul 2015 9:00 AM
- current affairs
The Hungarian immigration office has increased the number of employees processing asylum applications since last year but is facing huge pressure to handle a dramatic increase in applications over the past few months, the daily Magyar Nemzet reported. Currently around 25,000 applications are being processed by 134 administrators (34 more than last year), the paper said, citing information from ...
Electricity Demand In Hungary Peaks During Heat Wave
- 9 Jul 2015 9:00 AM
- current affairs
Electricity demand in Hungary reached a new summer peak on Tuesday as people tried to stay cool during a heat wave, dailies said on Wednesday, citing data from transmission system operator Mavir. Demand reached 6,450 MW early in the afternoon on Tuesday. Last summer, demand peaked at 6,050 MW. The previous record, of 6,320 MW, was set in 2007.