169 result(s) for index in Business
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”
Hungarian Competition Office Approves Andy Vajna’s Acquisition Of TV2
- 2 Nov 2015 8:00 AM
- business
The competition office GVH has approved Magyar Broadcasting Co’s acquisition of direct sole control over commercial television channel TV2 and CEE Broadcasting Ltd, GVH told MTI. Magyar Broadcasting Co. is owned by the government’s film industry commissioner, producer Andy Vajna.Magyar Broadcasting Co submitted a request to GVH on October 16 to clear the acquisition of companies operating ...
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Electric Car Maker Enters Hungary
- 16 Jun 2015 9:00 AM
- business
US electric car manufacturer Tesla has started to sell its models in Hungary, beginning with its premium ‘S’ model, news website Index reports. Tesla plans to enter Slovakia and the Czech Republic by the end of the year. The cars are sold by Business Lease Csoport, a subsidiary of AutoBinck Holding.
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”
Hungarian Competition Office Approves Andy Vajna’s Acquisition Of TV2
- 2 Nov 2015 8:00 AM
- business
The competition office GVH has approved Magyar Broadcasting Co’s acquisition of direct sole control over commercial television channel TV2 and CEE Broadcasting Ltd, GVH told MTI. Magyar Broadcasting Co. is owned by the government’s film industry commissioner, producer Andy Vajna.Magyar Broadcasting Co submitted a request to GVH on October 16 to clear the acquisition of companies operating ...
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Electric Car Maker Enters Hungary
- 16 Jun 2015 9:00 AM
- business
US electric car manufacturer Tesla has started to sell its models in Hungary, beginning with its premium ‘S’ model, news website Index reports. Tesla plans to enter Slovakia and the Czech Republic by the end of the year. The cars are sold by Business Lease Csoport, a subsidiary of AutoBinck Holding.
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.