35 result(s) for leaving hungary in Business
EY Hungary Elects New Management
- 5 Jun 2015 9:00 AM
- business
The management of EY Hungary is being renewed as of July 1, with Botond Rencz becoming the CEO and István Havas, the current holder of this position, becoming a Senior Partner responsible for the firmʼs government clients.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Reiwag Driven Out Of Hungary
- 12 Aug 2014 9:00 AM
- business
Austrian property and waste manager Reiwag is leaving Hungary, because it is difficult to make money legally here, CEO Viktor Wagner said yesterday.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Matolcsy Sees Four Large Banks Leaving Hungary
- 30 Dec 2013 8:00 AM
- business
Four of the eight largest foreign-owned banks in Hungary might leave the country in the next 12 to 18 months, MNB governor György Matolcsy said on Hír TV. Without naming any banks, he said the institutions are not lending and are not helping the Hungarian economy.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
EY Hungary Elects New Management
- 5 Jun 2015 9:00 AM
- business
The management of EY Hungary is being renewed as of July 1, with Botond Rencz becoming the CEO and István Havas, the current holder of this position, becoming a Senior Partner responsible for the firmʼs government clients.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Unicredit Does Not Intend To Leave Hungary
- 12 Dec 2014 8:00 AM
- business
Italy’s UniCredit Bank has no intention of leaving Hungary, Gianni Franco Papa, Deputy chief executive of UniCredit Bank Austria has said. Papa reacted to an analysis on the Austrian banking sector published by Fitch Ratings. “Our local bank was one of very few profitable banks there till the end of Q3 2014.
Reiwag Driven Out Of Hungary
- 12 Aug 2014 9:00 AM
- business
Austrian property and waste manager Reiwag is leaving Hungary, because it is difficult to make money legally here, CEO Viktor Wagner said yesterday.
RTL Klub CEO: We'll Stay In Hungary And Fight
- 22 Jul 2014 9:00 AM
- business
The following story, by Florence La Bruyère, is from the July 18 print edition of the Budapest Business Journal. "If you are just back from a long trek to Nepal and havent watched the evening news on RTL Klub for a month, be prepared for a shock. Where Hungarys largest commercial channel previously concentrated on crime stories and light news, its evening news is now twice as long as it used to ...
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Matolcsy Sees Four Large Banks Leaving Hungary
- 30 Dec 2013 8:00 AM
- business
Four of the eight largest foreign-owned banks in Hungary might leave the country in the next 12 to 18 months, MNB governor György Matolcsy said on Hír TV. Without naming any banks, he said the institutions are not lending and are not helping the Hungarian economy.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...