1,196 result(s) for it sector
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
Hungary’s Gov’t To Reduce EU Subsidies To Large Farms
- 23 Jul 2014 9:00 AM
- current affairs
The government decided on Friday to redirect EU land-based agricultural subsidies away from large grain operations and towards smaller farms producing other crops and raising livestock, PMO Minister János Lázár and Agriculture Minister Sándor Fazekas announced on Monday.
Busch-Hungária Kft To Start HUF 6.5 Billion Project In Győr
- 14 Jul 2014 9:00 AM
- business
Busch-Hungária Kft, a leading supplier of high value added nodular cast components for the automotive industry, announced at an event held at the company’s headquarters this Wednesday to initiate a HUF 6.4 billion expansion project in Győr. Subsidized by the Hungarian government with HUF 505 million according to a discretional government decision, the project is going to increase current staffing ...
Health Care In Hungary Need Of Change, Says Zombor
- 9 Jul 2014 4:05 AM
- health & wellness
The health-care system is in need of change, as recent measures aimed at improving the sector have fallen short of solving lingering issues, the state secretary for health told a conference. “The health-care system faces high expectations, so something has to change ... health-care employees, end-users and the sector’s funders all believe further changes are needed,” Gábor Zombor told a ...
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Budapest Pride Refuses To Undergo Investigation
- 1 Jul 2014 8:00 AM
- current affairs
The Government of Hungary ordered one of its investigating agencies to investigate a list of non-governmental organizations that the government considers left-wing, including Budapest Pride, to see whether they lawfully spent funding received from the Norwegian Government. The agency has no right under Hungarian law to do so, thus Budapest Pride refuses to undergo the investigation. The ...
Jobless Rate In Hungary Down To 8%
- 30 Jun 2014 9:00 AM
- current affairs
The jobless rate fell to 8% in the March-May period, down from 10.5% in the same period of last year, the Central Statistics Office announced on Friday. The number of unemployed fell 104,000 on an annual basis. The jobless rate in the 15-24 age group fell furthest, from 27% to 19.4%.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
InterContinental Hotel Budapest Sold
- 24 Jun 2014 10:00 AM
- travel
Khalaf Ahmad Al Habtoor, chairman of Dubai’s Al Habtoor group, has bought the 400-room InterContinental Budapest hotel. Budapest is a wonderful city, with a vibrant tourism sector and its people are very welcoming, Al Habtoor said.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
Hungary’s Gov’t To Reduce EU Subsidies To Large Farms
- 23 Jul 2014 9:00 AM
- current affairs
The government decided on Friday to redirect EU land-based agricultural subsidies away from large grain operations and towards smaller farms producing other crops and raising livestock, PMO Minister János Lázár and Agriculture Minister Sándor Fazekas announced on Monday.
Busch-Hungária Kft To Start HUF 6.5 Billion Project In Győr
- 14 Jul 2014 9:00 AM
- business
Busch-Hungária Kft, a leading supplier of high value added nodular cast components for the automotive industry, announced at an event held at the company’s headquarters this Wednesday to initiate a HUF 6.4 billion expansion project in Győr. Subsidized by the Hungarian government with HUF 505 million according to a discretional government decision, the project is going to increase current staffing ...
Health Care In Hungary Need Of Change, Says Zombor
- 9 Jul 2014 4:05 AM
- health & wellness
The health-care system is in need of change, as recent measures aimed at improving the sector have fallen short of solving lingering issues, the state secretary for health told a conference. “The health-care system faces high expectations, so something has to change ... health-care employees, end-users and the sector’s funders all believe further changes are needed,” Gábor Zombor told a ...
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Budapest Pride Refuses To Undergo Investigation
- 1 Jul 2014 8:00 AM
- current affairs
The Government of Hungary ordered one of its investigating agencies to investigate a list of non-governmental organizations that the government considers left-wing, including Budapest Pride, to see whether they lawfully spent funding received from the Norwegian Government. The agency has no right under Hungarian law to do so, thus Budapest Pride refuses to undergo the investigation. The ...
Jobless Rate In Hungary Down To 8%
- 30 Jun 2014 9:00 AM
- current affairs
The jobless rate fell to 8% in the March-May period, down from 10.5% in the same period of last year, the Central Statistics Office announced on Friday. The number of unemployed fell 104,000 on an annual basis. The jobless rate in the 15-24 age group fell furthest, from 27% to 19.4%.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
InterContinental Hotel Budapest Sold
- 24 Jun 2014 10:00 AM
- travel
Khalaf Ahmad Al Habtoor, chairman of Dubai’s Al Habtoor group, has bought the 400-room InterContinental Budapest hotel. Budapest is a wonderful city, with a vibrant tourism sector and its people are very welcoming, Al Habtoor said.


















