162 result(s) for market turnover
Hungarian Gov’t Plans New Tax On Retail Chains
- 27 Jan 2016 8:00 AM
- shopping
The government could introduce a new tax on large retail chains in the spring, government commissioner for retail policy Kristóf Szatmáry told Magyar Idõk. The levy would hit high turnover retail chains in order to "correct biased market conditions," and help smaller businesses, which, he noted, are mostly owned by Hungarians.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Cosmetics, House Hold Chemical Sales Climb 7% In Hungary
- 17 Dec 2015 8:00 AM
- shopping
Retail sales of household chemicals and cosmetics in Hungary reached 290 billion forints (EUR 919m) in January-October, up 7% from the same period a year earlier, market researcher Nielsen said. Sales of shower gel were up 12%, tissue sales rose 11% and fabric softener sales increased 10%. Stores bigger than 2,500sqm generated 32% of total turnover during the period.
Turnover Increased Significantly In Budapest Downtown Restaurants
- 27 Aug 2015 9:00 AM
- food & drink
Turnover of Budapest downtown restaurants increased by 20-30% this year, the market growth of the catering facilities can be 10-15% in the country, delmagyar.hu said. Turnover of the restaurants increased by 20-30% in the downtown of Budapest this year, the market growth of the catering facilities can be 10-15% in the country – newspaper Napi Gazdasag wrote in Saturday’s issue, citing industry ...
Hungarian Private Health Care On The Rise
- 27 Aug 2015 9:00 AM
- health & wellness
More and more businessmen see solid demand for domestic private health care and are convinced of its market potential, business daily Világgazdaság said. Some are focusing on Hungarians living abroad while others trust that health-care reforms at home will lead to a build-up of capacity, the paper said. The bigger service providers calculate with constantly rising annual growth of 15%-20% in ...
Budapest-Belgrade Rail Line Revamp Set To Start This Year
- 17 Jul 2015 9:00 AM
- getting around
The revamp of the Budapest-Belgrade rail line could begin this year once the necessary agreements between the Hungarian and Chinese governments are signed, Foreign Minister Péter Szijjártó said. The Hungarian-Serbian-Chinese working group dealing with the modernisation of the railway line held its third session at the foreign ministry on Thursday.
Home Sales In Hungary Up 59% In April
- 4 May 2015 5:00 AM
- property
There were 12,118 homes sold in Hungary in April 2015, up 59% from the same month a year earlier, real estate broker Duna House’s fresh estimate shows. The number of homes sold was down slightly from 12,263 in March 2015. Turnover on the market has been growing since March 2014.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian Gov’t Plans New Tax On Retail Chains
- 27 Jan 2016 8:00 AM
- shopping
The government could introduce a new tax on large retail chains in the spring, government commissioner for retail policy Kristóf Szatmáry told Magyar Idõk. The levy would hit high turnover retail chains in order to "correct biased market conditions," and help smaller businesses, which, he noted, are mostly owned by Hungarians.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Cosmetics, House Hold Chemical Sales Climb 7% In Hungary
- 17 Dec 2015 8:00 AM
- shopping
Retail sales of household chemicals and cosmetics in Hungary reached 290 billion forints (EUR 919m) in January-October, up 7% from the same period a year earlier, market researcher Nielsen said. Sales of shower gel were up 12%, tissue sales rose 11% and fabric softener sales increased 10%. Stores bigger than 2,500sqm generated 32% of total turnover during the period.
Turnover Increased Significantly In Budapest Downtown Restaurants
- 27 Aug 2015 9:00 AM
- food & drink
Turnover of Budapest downtown restaurants increased by 20-30% this year, the market growth of the catering facilities can be 10-15% in the country, delmagyar.hu said. Turnover of the restaurants increased by 20-30% in the downtown of Budapest this year, the market growth of the catering facilities can be 10-15% in the country – newspaper Napi Gazdasag wrote in Saturday’s issue, citing industry ...
Hungarian Private Health Care On The Rise
- 27 Aug 2015 9:00 AM
- health & wellness
More and more businessmen see solid demand for domestic private health care and are convinced of its market potential, business daily Világgazdaság said. Some are focusing on Hungarians living abroad while others trust that health-care reforms at home will lead to a build-up of capacity, the paper said. The bigger service providers calculate with constantly rising annual growth of 15%-20% in ...
Budapest-Belgrade Rail Line Revamp Set To Start This Year
- 17 Jul 2015 9:00 AM
- getting around
The revamp of the Budapest-Belgrade rail line could begin this year once the necessary agreements between the Hungarian and Chinese governments are signed, Foreign Minister Péter Szijjártó said. The Hungarian-Serbian-Chinese working group dealing with the modernisation of the railway line held its third session at the foreign ministry on Thursday.
Home Sales In Hungary Up 59% In April
- 4 May 2015 5:00 AM
- property
There were 12,118 homes sold in Hungary in April 2015, up 59% from the same month a year earlier, real estate broker Duna House’s fresh estimate shows. The number of homes sold was down slightly from 12,263 in March 2015. Turnover on the market has been growing since March 2014.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.