1,196 result(s) for it sector
Hungarian Retailers Poised To Acquire Foreign Rivals
- 21 May 2012 9:00 AM
- shopping
Hungarian retail chains CBA and Coop are in the final laps of buying sector peer Match and Profi units from Belgium’s Louis Delhaize group, which is pulling out of Hungary, Napi Gazdaság reported citing market sources. State development bank MFB is to provide a loan for the deal. Coop has sufficient collateral but CBA Kereskedelmi, which coordinates the franchise network, has needed time to ...
Telenor In Hungary Won’t Swallow Telephone Tax
- 18 May 2012 9:00 AM
- tech
Telenor will pass on added costs from the new telephone tax to subscribers unless one of the two taxes hitting the sector is phased out, communication director István Kutas announced yesterday. Telenor will face an additional Ft 1 billion burden per month, if the new tax, the second sectoral tax, begins July 1, Kutas observed.
Fulbright Commission In Hungary Celebrated Its Twentieth Anniversary
- 15 May 2012 9:00 AM
- community & culture
The Fulbright Commission in Hungary celebrated its twentieth anniversary on Friday, May 11th with a conference focused on its vision for the future. The “Fulbright: committed to the Future” event was attended by more than 200 Fulbright Alumni, government officials and private sector supporters of the Fulbright program. The many distinguished speakers included Ambassador Eleni Tsakopoulos ...
Industrial Prices Up 7% In Hungary In April
- 11 May 2012 9:00 AM
- business
Industrial producer prices rose 0.2% month-on-month in March and were up 6.8% year-on-year, the Central Statistics Office announced. Export prices increased 0.3% month-on-month and 5.8% year-on-year, while domestic sales prices were unchanged from February, and grew 7.6% since March, 2011. Prices went up 9.2% year-on-year in the energy and manufacturing sectors.
One Year On, Frasers Budapest Property Starts With A Record First Birthday
- 11 May 2012 8:00 AM
- specials
Frasers Hospitality, the Singaporean serviced apartment operator, has announced a solid start to business at its Budapest property. Fraser Residence Budapest has recorded an average 70% occupancy level throughout its first year of operation which the company claims to be well in front of the general hotel scene in the Hungarian capital.
Hungarian Government’s Decisions On System Of Taxes
- 10 May 2012 9:00 AM
- current affairs
The Government has decided to scrap the banking tax and other sectoral crisis taxes; as of the beginning of 2013, one half of the banking tax will be retained in the system, while as of 2014, this tax will be abolished altogether, Minister for National Economy György Matolcsy said on Wednesday at the Government Spokesperson’s press conference.
Hungarian Government Approves Raft Of New Taxes
- 10 May 2012 9:00 AM
- current affairs
The cabinet has approved the financial transaction tax, telephone tax and unified insurance tax, while phasing out the crisis tax, as prescribed in the Széll Kálmán plan 2.0, Economy Minister György Matolcsy announced yesterday.
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Afghan Civil Society Leaders Visit Hungary
- 2 May 2012 8:59 AM
- current affairs
From April 18-21 Embassy Budapest hosted four Afghan civil society leaders who are experts in judicial reform, health sector reform, education policy and the rights of women and the disabled. The Afghan visitors shared their successes and explained the challenges they still face moving forward.
Hungarian Retailers Poised To Acquire Foreign Rivals
- 21 May 2012 9:00 AM
- shopping
Hungarian retail chains CBA and Coop are in the final laps of buying sector peer Match and Profi units from Belgium’s Louis Delhaize group, which is pulling out of Hungary, Napi Gazdaság reported citing market sources. State development bank MFB is to provide a loan for the deal. Coop has sufficient collateral but CBA Kereskedelmi, which coordinates the franchise network, has needed time to ...
Telenor In Hungary Won’t Swallow Telephone Tax
- 18 May 2012 9:00 AM
- tech
Telenor will pass on added costs from the new telephone tax to subscribers unless one of the two taxes hitting the sector is phased out, communication director István Kutas announced yesterday. Telenor will face an additional Ft 1 billion burden per month, if the new tax, the second sectoral tax, begins July 1, Kutas observed.
Fulbright Commission In Hungary Celebrated Its Twentieth Anniversary
- 15 May 2012 9:00 AM
- community & culture
The Fulbright Commission in Hungary celebrated its twentieth anniversary on Friday, May 11th with a conference focused on its vision for the future. The “Fulbright: committed to the Future” event was attended by more than 200 Fulbright Alumni, government officials and private sector supporters of the Fulbright program. The many distinguished speakers included Ambassador Eleni Tsakopoulos ...
Industrial Prices Up 7% In Hungary In April
- 11 May 2012 9:00 AM
- business
Industrial producer prices rose 0.2% month-on-month in March and were up 6.8% year-on-year, the Central Statistics Office announced. Export prices increased 0.3% month-on-month and 5.8% year-on-year, while domestic sales prices were unchanged from February, and grew 7.6% since March, 2011. Prices went up 9.2% year-on-year in the energy and manufacturing sectors.
One Year On, Frasers Budapest Property Starts With A Record First Birthday
- 11 May 2012 8:00 AM
- specials
Frasers Hospitality, the Singaporean serviced apartment operator, has announced a solid start to business at its Budapest property. Fraser Residence Budapest has recorded an average 70% occupancy level throughout its first year of operation which the company claims to be well in front of the general hotel scene in the Hungarian capital.
Hungarian Government’s Decisions On System Of Taxes
- 10 May 2012 9:00 AM
- current affairs
The Government has decided to scrap the banking tax and other sectoral crisis taxes; as of the beginning of 2013, one half of the banking tax will be retained in the system, while as of 2014, this tax will be abolished altogether, Minister for National Economy György Matolcsy said on Wednesday at the Government Spokesperson’s press conference.
Hungarian Government Approves Raft Of New Taxes
- 10 May 2012 9:00 AM
- current affairs
The cabinet has approved the financial transaction tax, telephone tax and unified insurance tax, while phasing out the crisis tax, as prescribed in the Széll Kálmán plan 2.0, Economy Minister György Matolcsy announced yesterday.
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Afghan Civil Society Leaders Visit Hungary
- 2 May 2012 8:59 AM
- current affairs
From April 18-21 Embassy Budapest hosted four Afghan civil society leaders who are experts in judicial reform, health sector reform, education policy and the rights of women and the disabled. The Afghan visitors shared their successes and explained the challenges they still face moving forward.