4,457 result(s) for market
Cinema City Not Pulling Out Of Hungary
- 4 Jan 2017 7:30 AM
- entertainment
Cinema operator Cinema City is not withdrawing from Hungary, marketing director Andrea Buda said, commenting on a report it will lose a contract to operate one of its businesses in Budapest. The website Index said earlier that Cinema City will lose its contract to operate a cinema in the MOM Park shopping centre in Buda.
New Car Sales In Hungary Climb One-Quarter In 2016
- 3 Jan 2017 8:05 AM
- shopping
New car sales in Hungary climbed 25% to 96,500 last year, Datahouse said. Sales of light commercial vehicles were up 21.8% at 21,333. Ford led the market with sales of 15,091 vehicles, giving it 12.8% market share.
Official: Hungary’s Economic Outlook Bright
- 30 Dec 2016 7:00 AM
- business
Hungary’s economic outlook looks promising, an economy ministry official told a news conference on Thursday. Ágnes Hornung, state secretary for financial affairs, said that in spite of a dip in the uptake of European Union funds, the economy was expected to grow by above 2 percent this year.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Former Socialist MP Acquires Daily Népszava, Szabadföld, Weekly Vasárnapi Hírek
- 22 Dec 2016 9:00 AM
- current affairs
Horizont Handels und Industrie AG, owned by former Socialist MP and party treasurer László Puch and by Dénes Simon, has acquired the daily Népszava as well as weekly Vasárnapi Hírek as part of the former Geomedia papers portfolio, XXI. Század Media, the business publishing Népszava, told MTI on Tuesday.
Average Hungarian Spends 127 Euros At Christmas
- 22 Dec 2016 7:34 AM
- shopping
Hungarians on average will spend 40,000 forints (127 euros) on Christmas this year, a survey by NRC market research shows. The survey, conducted for CIB Bank, also indicates that more than half of the population will have no more than 25,000 forints for the same purpose, while only 13% of all respondents will spend 75,000 forints or more.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Cinema City Not Pulling Out Of Hungary
- 4 Jan 2017 7:30 AM
- entertainment
Cinema operator Cinema City is not withdrawing from Hungary, marketing director Andrea Buda said, commenting on a report it will lose a contract to operate one of its businesses in Budapest. The website Index said earlier that Cinema City will lose its contract to operate a cinema in the MOM Park shopping centre in Buda.
New Car Sales In Hungary Climb One-Quarter In 2016
- 3 Jan 2017 8:05 AM
- shopping
New car sales in Hungary climbed 25% to 96,500 last year, Datahouse said. Sales of light commercial vehicles were up 21.8% at 21,333. Ford led the market with sales of 15,091 vehicles, giving it 12.8% market share.
Official: Hungary’s Economic Outlook Bright
- 30 Dec 2016 7:00 AM
- business
Hungary’s economic outlook looks promising, an economy ministry official told a news conference on Thursday. Ágnes Hornung, state secretary for financial affairs, said that in spite of a dip in the uptake of European Union funds, the economy was expected to grow by above 2 percent this year.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Former Socialist MP Acquires Daily Népszava, Szabadföld, Weekly Vasárnapi Hírek
- 22 Dec 2016 9:00 AM
- current affairs
Horizont Handels und Industrie AG, owned by former Socialist MP and party treasurer László Puch and by Dénes Simon, has acquired the daily Népszava as well as weekly Vasárnapi Hírek as part of the former Geomedia papers portfolio, XXI. Század Media, the business publishing Népszava, told MTI on Tuesday.
Average Hungarian Spends 127 Euros At Christmas
- 22 Dec 2016 7:34 AM
- shopping
Hungarians on average will spend 40,000 forints (127 euros) on Christmas this year, a survey by NRC market research shows. The survey, conducted for CIB Bank, also indicates that more than half of the population will have no more than 25,000 forints for the same purpose, while only 13% of all respondents will spend 75,000 forints or more.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.