130 result(s) for loss in Business
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
Varga: Hungary’s RTL Klub Tax Write-Off In 2011 Comes To Huf 23bn
- 27 Jun 2014 9:00 AM
- business
Commercial TV channel RTL Klub recorded 23 billion forints (EUR 74.8bn) in deferred losses back in 2011, and this is an amount that already raises eyebrows, the economy minister told MTI on Thursday.
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
Tax On Advertising In Hungary: Party-Group Governance Versus Fidesz Economic Satellite?
- 11 Jun 2014 9:00 AM
- business
The parliament representative of Fidesz presented a non-government bill on levying a tax on media enterprises. The bill echoed with high sounds and apparently, a fault-line was generated within the governing party as well in connection with the bill. Policy Agenda has examined what the leadership of the governing party may want to achieve by this and what alternative solutions may exist.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
State Owned Company Suspends Sale Of HUF 3Bn Of Wine
- 16 May 2014 9:00 AM
- business
State-owned wine company Tokaj Kereskedőház has suspended the sale of 3 billion forints of product because of improper preparation under the previous management, Hungarian dailies Népszabadság and Magyar Nemzet said on Thursday.
KÉSZ Makes Bid For Hungarian Unit Of German DIY Chain Praktiker
- 20 Mar 2014 8:00 AM
- business
Construction company KÉSZ has made a bid to buy the Hungarian unit of German DIY chain Praktiker, Napi Gazdaság reports. The Hungarian construction group, with annual turnover of Ft 70 billion, has made an indicative bid for Praktiker Építési és Barkács Piacok.
Foreign Parents To Be Hit By FX Bailout Costs In Hungary, Says Fitch
- 9 Jul 2014 9:00 AM
- business
Foreign owners will need to inject capital into their Hungarian units because of compensation lenders are asked to pay as part of a new law on relief for borrowers, Fitch Ratings said on Tuesday.
Owner Of Hungary’s K&H Bank Prepares For Losses
- 9 Jul 2014 9:00 AM
- business
Belgian financial group KBC, owner of Hungary’s K&H Bank, announced on Tuesday that it is setting aside €162 million in provisions for likely losses due to the foreign-currency loan bill passed on Friday.
Varga: Hungary’s RTL Klub Tax Write-Off In 2011 Comes To Huf 23bn
- 27 Jun 2014 9:00 AM
- business
Commercial TV channel RTL Klub recorded 23 billion forints (EUR 74.8bn) in deferred losses back in 2011, and this is an amount that already raises eyebrows, the economy minister told MTI on Thursday.
Huge MOL Share Package Up For Sale In Hungary
- 26 Jun 2014 9:00 AM
- business
Citigroup has been commissioned to hold an auction for the sale of 4% of MOL shares in the price range of Ft 11,800-12,200 each, the bank announced after the close of trading on Thursday. The market value of the 4.28 million shares is Ft 50-52 billion, which equals the last three months’ trading volume of the stock last, portfolio.hu observes.
Tax On Advertising In Hungary: Party-Group Governance Versus Fidesz Economic Satellite?
- 11 Jun 2014 9:00 AM
- business
The parliament representative of Fidesz presented a non-government bill on levying a tax on media enterprises. The bill echoed with high sounds and apparently, a fault-line was generated within the governing party as well in connection with the bill. Policy Agenda has examined what the leadership of the governing party may want to achieve by this and what alternative solutions may exist.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
State Owned Company Suspends Sale Of HUF 3Bn Of Wine
- 16 May 2014 9:00 AM
- business
State-owned wine company Tokaj Kereskedőház has suspended the sale of 3 billion forints of product because of improper preparation under the previous management, Hungarian dailies Népszabadság and Magyar Nemzet said on Thursday.
KÉSZ Makes Bid For Hungarian Unit Of German DIY Chain Praktiker
- 20 Mar 2014 8:00 AM
- business
Construction company KÉSZ has made a bid to buy the Hungarian unit of German DIY chain Praktiker, Napi Gazdaság reports. The Hungarian construction group, with annual turnover of Ft 70 billion, has made an indicative bid for Praktiker Építési és Barkács Piacok.