146 result(s) for launched in Business
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
Automotive Hungary 2017 Expo Opens In Budapest
- 18 Oct 2017 3:00 AM
- business
The development of Hungary’s automotive industry will rely on systems integration involving the Visegrad Group of countries, Economy Minister Mihály Varga said, opening the Automotive Hungary 2017 expo in Budapest on Wednesday.
Univer Product Inaugurates EUR 14m Plant
- 24 Aug 2017 8:50 AM
- business
Hungarian condiments maker Univer Product (Kecskemét, C Hungary) has inaugurated a 4.3 billion forints (EUR 14m) tomato processing plant, the biggest of its kind in central Europe, on Thursday. Hungary’s government awarded the company a 2.1 billion forint grant for the project, Economy Minister Mihály Varga said at the ceremony.
Hungary’s Foreign Minister Holds Talks With Russian Trade Minister
- 26 Jul 2017 10:00 AM
- business
Hungarian-Russian economic ties are set to gain new momentum after bilateral trade grew by 30 percent in the first four months of the year, the foreign ministry said after Péter Szijjártó, Hungary’s foreign affairs and trade minister, held talks with Russian Industry and Trade Minister Denis Manturov on Tuesday.
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 ...
Tata Creates 500 Jobs At Global Service Centre
- 18 Apr 2017 10:00 AM
- business
India’s Tata Consultancy Services (TCS) has created 500 new jobs at its Budapest-based global service centre and expanded office space by 5,000 square metres, Foreign Minister Péter Szijjártó said at the inauguration of the office on Tuesday.
There Will Be No 9 % Ad Tax In Hungary In 2018
- 5 Apr 2017 9:22 AM
- business
There will not be a 9% ad tax in 2018, Lajos Kósa, parliamentary group leader of the governing Fidesz, said. Economy Minister Mihaly Varga earlier submitted an amendment proposing to raise the tax on advertising to 9% from 5.3% from June 2017 for taxpayers with revenue exceeding 100 million forints (EUR 320,000).
Government Plans Major Advertising Tax Hike
- 30 Mar 2017 10:00 AM
- business
Advertising tax in Hungary is set to be raised from the current 5.3% to 9% as of June, for taxpayers with revenue exceeding HUF 100 million, according to a proposed amendment submitted by Minister for National Economy Mihály Varga, Hungarian wire service MTI reported today. The amendment would also allow companies tax-free self-advertising.
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 ...
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
Automotive Hungary 2017 Expo Opens In Budapest
- 18 Oct 2017 3:00 AM
- business
The development of Hungary’s automotive industry will rely on systems integration involving the Visegrad Group of countries, Economy Minister Mihály Varga said, opening the Automotive Hungary 2017 expo in Budapest on Wednesday.
Univer Product Inaugurates EUR 14m Plant
- 24 Aug 2017 8:50 AM
- business
Hungarian condiments maker Univer Product (Kecskemét, C Hungary) has inaugurated a 4.3 billion forints (EUR 14m) tomato processing plant, the biggest of its kind in central Europe, on Thursday. Hungary’s government awarded the company a 2.1 billion forint grant for the project, Economy Minister Mihály Varga said at the ceremony.
Hungary’s Foreign Minister Holds Talks With Russian Trade Minister
- 26 Jul 2017 10:00 AM
- business
Hungarian-Russian economic ties are set to gain new momentum after bilateral trade grew by 30 percent in the first four months of the year, the foreign ministry said after Péter Szijjártó, Hungary’s foreign affairs and trade minister, held talks with Russian Industry and Trade Minister Denis Manturov on Tuesday.
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 ...
Tata Creates 500 Jobs At Global Service Centre
- 18 Apr 2017 10:00 AM
- business
India’s Tata Consultancy Services (TCS) has created 500 new jobs at its Budapest-based global service centre and expanded office space by 5,000 square metres, Foreign Minister Péter Szijjártó said at the inauguration of the office on Tuesday.
There Will Be No 9 % Ad Tax In Hungary In 2018
- 5 Apr 2017 9:22 AM
- business
There will not be a 9% ad tax in 2018, Lajos Kósa, parliamentary group leader of the governing Fidesz, said. Economy Minister Mihaly Varga earlier submitted an amendment proposing to raise the tax on advertising to 9% from 5.3% from June 2017 for taxpayers with revenue exceeding 100 million forints (EUR 320,000).
Government Plans Major Advertising Tax Hike
- 30 Mar 2017 10:00 AM
- business
Advertising tax in Hungary is set to be raised from the current 5.3% to 9% as of June, for taxpayers with revenue exceeding HUF 100 million, according to a proposed amendment submitted by Minister for National Economy Mihály Varga, Hungarian wire service MTI reported today. The amendment would also allow companies tax-free self-advertising.
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 ...