1,038 result(s) for investments
US Hungary Business Council Brings Second Annual Mission To Budapest
- 28 Jun 2017 2:00 AM
- business
The US Hungary Business Council (USHBC) brought its second annual business mission to Budapest on Tuesday. Hungary aims to strengthen its economic ties with the United States, state secretary for economic diplomacy Levente Magyar said after meeting with the USHBC mission. USHBC chairman Eric Stewart noted that the US is the second-biggest foreign investor in Hungary after Germany, adding that ...
Sága Foods To Spend 1.9 Million Euros On Developments
- 22 Jun 2017 9:00 AM
- shopping
Sága Foods, the Hungarian unit of British turkey processing company the Bernard Matthews group, plans to spend 600 million forints (EUR 1.9m) on development this year, mainly on upgrading packaging and the manufacturing of ham products, CEO Zsolt Keleti told MTI.
Economic Research Institute Raises GDP Growth Forecast To 3.8 Pc For 2017, 2018
- 20 Jun 2017 11:00 AM
- business
Economic research institute Századvég raised its projections for GDP growth in Hungary to 3.8 percent for both this year and 2018 in a fresh forecast released on Monday. The projections for 2017 and 2018 were raised from 3.6 percent and 3.4 percent, respectively, in a forecast released by the think-tank in March. Századvég said the growth rate for both years would be lifted by consumption and ...
Loss-Making Bálna Is About To Be Sold
- 14 Jun 2017 8:06 AM
- property
Budapest’s congress is going to decide about Bálna Cultural Commercial and Leisure Centre’s selling in an open competition on Wednesday. The lowest purchase price of the complex is 38.8 million euros. According to Turizmus.com, vice mayor of Budapest Gábor Bagdy submitted the bill which details that even the most effective commercial model’s application cannot make the operation of Bálna ...
Hungary Investments Up 34.1 pc In Q1
- 2 Jun 2017 8:00 AM
- business
The volume of investments in Hungary rose by an annual 34.1 percent in the first quarter, the Central Statistical Office (KSH) said on Tuesday. The first-quarter rise was from a low base in the same period a year before. KSH noted that growth was strong in nearly all sectors. In addition to capacity expansion projects, the actual realisation of projects launched under the 2014-2020 EU funding ...
Inauguration Of Samsung SDI’s Electric Car Battery Plant In Hungary
- 1 Jun 2017 10:00 AM
- business
Reindustrialisation in Hungary will shift up a gear in 2017, Prime Minister Viktor Orbán said at the inauguration of Samsung SDI’s electric car battery plant in the town of Göd, north of Budapest, on Monday. Hungary’s auto industry employed over 160,000 in the first quarter of the year, Orbán said, arguing that this had allowed Hungary to become a hub for car production in central Europe.
Budapest Metro Restoration Could Cost HUF 30-40 Billion More Than Expected
- 1 Jun 2017 6:00 AM
- getting around
Restoration of Budapest’s metro line M3 could cost a staggering HUF 30-40 billion (USD 108-145 million) more than the capital’s HUF 137.5 billion initial budget, according to mno.hu reports based on professional sources at the City Council.
MNB Foundations Buy More Heritage Buildings
- 26 May 2017 8:00 AM
- property
The National Bank’s foundations, Pallas Athéné Alapítványok, have purchased heritage-listed buildings on Andrássy út for Ft 14.9 billion, further boosting their real estate portfolio.
Szijjártó: Hungary Backs Reform Of UN
- 18 May 2017 9:40 AM
- current affairs
Hungary supports reforming the United Nations with the aim of making the organisation more effective and ensuring that it can respond faster to global challenges, Hungary’s foreign minister said in New York ahead of a UN session on innovation and digitalisation and talks with UN officials and US business leaders.
US Hungary Business Council Brings Second Annual Mission To Budapest
- 28 Jun 2017 2:00 AM
- business
The US Hungary Business Council (USHBC) brought its second annual business mission to Budapest on Tuesday. Hungary aims to strengthen its economic ties with the United States, state secretary for economic diplomacy Levente Magyar said after meeting with the USHBC mission. USHBC chairman Eric Stewart noted that the US is the second-biggest foreign investor in Hungary after Germany, adding that ...
Sága Foods To Spend 1.9 Million Euros On Developments
- 22 Jun 2017 9:00 AM
- shopping
Sága Foods, the Hungarian unit of British turkey processing company the Bernard Matthews group, plans to spend 600 million forints (EUR 1.9m) on development this year, mainly on upgrading packaging and the manufacturing of ham products, CEO Zsolt Keleti told MTI.
Economic Research Institute Raises GDP Growth Forecast To 3.8 Pc For 2017, 2018
- 20 Jun 2017 11:00 AM
- business
Economic research institute Századvég raised its projections for GDP growth in Hungary to 3.8 percent for both this year and 2018 in a fresh forecast released on Monday. The projections for 2017 and 2018 were raised from 3.6 percent and 3.4 percent, respectively, in a forecast released by the think-tank in March. Századvég said the growth rate for both years would be lifted by consumption and ...
Loss-Making Bálna Is About To Be Sold
- 14 Jun 2017 8:06 AM
- property
Budapest’s congress is going to decide about Bálna Cultural Commercial and Leisure Centre’s selling in an open competition on Wednesday. The lowest purchase price of the complex is 38.8 million euros. According to Turizmus.com, vice mayor of Budapest Gábor Bagdy submitted the bill which details that even the most effective commercial model’s application cannot make the operation of Bálna ...
Hungary Investments Up 34.1 pc In Q1
- 2 Jun 2017 8:00 AM
- business
The volume of investments in Hungary rose by an annual 34.1 percent in the first quarter, the Central Statistical Office (KSH) said on Tuesday. The first-quarter rise was from a low base in the same period a year before. KSH noted that growth was strong in nearly all sectors. In addition to capacity expansion projects, the actual realisation of projects launched under the 2014-2020 EU funding ...
Inauguration Of Samsung SDI’s Electric Car Battery Plant In Hungary
- 1 Jun 2017 10:00 AM
- business
Reindustrialisation in Hungary will shift up a gear in 2017, Prime Minister Viktor Orbán said at the inauguration of Samsung SDI’s electric car battery plant in the town of Göd, north of Budapest, on Monday. Hungary’s auto industry employed over 160,000 in the first quarter of the year, Orbán said, arguing that this had allowed Hungary to become a hub for car production in central Europe.
Budapest Metro Restoration Could Cost HUF 30-40 Billion More Than Expected
- 1 Jun 2017 6:00 AM
- getting around
Restoration of Budapest’s metro line M3 could cost a staggering HUF 30-40 billion (USD 108-145 million) more than the capital’s HUF 137.5 billion initial budget, according to mno.hu reports based on professional sources at the City Council.
MNB Foundations Buy More Heritage Buildings
- 26 May 2017 8:00 AM
- property
The National Bank’s foundations, Pallas Athéné Alapítványok, have purchased heritage-listed buildings on Andrássy út for Ft 14.9 billion, further boosting their real estate portfolio.
Szijjártó: Hungary Backs Reform Of UN
- 18 May 2017 9:40 AM
- current affairs
Hungary supports reforming the United Nations with the aim of making the organisation more effective and ensuring that it can respond faster to global challenges, Hungary’s foreign minister said in New York ahead of a UN session on innovation and digitalisation and talks with UN officials and US business leaders.