53 result(s) for international operation in Business
CEU Responds To Proposed Amendments In Hungarian Higher Education Law
- 30 Mar 2017 10:00 AM
- business
Central European University (CEU) expresses its opposition to proposed amendments to Act CCIV of 2011 on National Higher Education, tabled in Hungarian Parliament today. After careful legal study, CEU has concluded that these amendments would make it impossible for the University to continue its operations as an institution of higher education in Budapest, CEU's home for 25 years. CEU is in full ...
US Embassy Expresses Concern Over Higher Ed Bill’s Effect On CEU
- 30 Mar 2017 9:30 AM
- business
The US embassy has expressed concern over a recent bill to amend the law on higher education in order to clarify and tighten rules governing foreign higher education institutions operating in Hungary, which it says would “seriously restrict” the operation of the Central European University (CEU). David Kostelancik, the charge d’affaires at the embassy, told MTI on Wednesday that the US is opposed ...
ElringKlinger Announces EUR 21 mln Investment In Kecskemét
- 20 Mar 2017 10:00 AM
- business
Germany-based automotive supplier ElringKlinger has announced to start building a plant in Kecskemét through an investment of EUR 21 million, CFO Thomas Jessulat said in Budapest, according to reports. Kecskemét is home to German giant Daimler’s local operations.
Hungary Urges ‘Google Tax’ On Internet Firms
- 13 Sep 2016 9:00 AM
- business
Hungary presented a proposal to levy a withholding tax on internet companies – such as Google, Facebook and Amazon – at an informal meeting of European Union finance ministers in Bratislava at the weekend, Hungarian news agency MTI reported. The commonly cited “Google tax” has been mentioned several times by the Hungarian government lately.
Magyar Suzuki Names New Managing Director
- 8 Sep 2016 9:00 AM
- business
Yoshinobu Abe has been named Managing Director of Magyar Suzuki, the Hungarian unit of the Japanese car manufacturer, replacing Naoyuki Takeuchi, who has been promoted within the parent company, according to a press release.
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
CEU Responds To Proposed Amendments In Hungarian Higher Education Law
- 30 Mar 2017 10:00 AM
- business
Central European University (CEU) expresses its opposition to proposed amendments to Act CCIV of 2011 on National Higher Education, tabled in Hungarian Parliament today. After careful legal study, CEU has concluded that these amendments would make it impossible for the University to continue its operations as an institution of higher education in Budapest, CEU's home for 25 years. CEU is in full ...
US Embassy Expresses Concern Over Higher Ed Bill’s Effect On CEU
- 30 Mar 2017 9:30 AM
- business
The US embassy has expressed concern over a recent bill to amend the law on higher education in order to clarify and tighten rules governing foreign higher education institutions operating in Hungary, which it says would “seriously restrict” the operation of the Central European University (CEU). David Kostelancik, the charge d’affaires at the embassy, told MTI on Wednesday that the US is opposed ...
ElringKlinger Announces EUR 21 mln Investment In Kecskemét
- 20 Mar 2017 10:00 AM
- business
Germany-based automotive supplier ElringKlinger has announced to start building a plant in Kecskemét through an investment of EUR 21 million, CFO Thomas Jessulat said in Budapest, according to reports. Kecskemét is home to German giant Daimler’s local operations.
Hungary Urges ‘Google Tax’ On Internet Firms
- 13 Sep 2016 9:00 AM
- business
Hungary presented a proposal to levy a withholding tax on internet companies – such as Google, Facebook and Amazon – at an informal meeting of European Union finance ministers in Bratislava at the weekend, Hungarian news agency MTI reported. The commonly cited “Google tax” has been mentioned several times by the Hungarian government lately.
Magyar Suzuki Names New Managing Director
- 8 Sep 2016 9:00 AM
- business
Yoshinobu Abe has been named Managing Director of Magyar Suzuki, the Hungarian unit of the Japanese car manufacturer, replacing Naoyuki Takeuchi, who has been promoted within the parent company, according to a press release.
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.