189 result(s) for mvm
Hungary's State Energy Company MVM To Buy German Investor's Stake
- 10 Dec 2013 8:00 AM
- business
State energy company MVM will buy German investor RWE’s 49.83% stake in Budapest gas distributor Fõgáz, according to reports. A high ranking RWE representative met state officials and Budapest mayor István Tarlós last week, as the city owns 50% of the company. Retail shareholders have 0.17% of Fõgáz shares.
Gazprom To Sell Gas Cheaper In Hungary
- 27 Nov 2013 8:00 AM
- shopping
E.ON Földgáz Trade, shortly just before it was taken over by state-owned MVM, agreed with Russia’s Gazprom to change the gas price formula, making imports of Russian gas to Hungary 20% cheaper from the fourth quarter, Világgazdaság reports, citing market sources.
Gazprom Looks For Hungarian Storage Facility
- 13 Nov 2013 8:00 AM
- current affairs
Construction of the Hungarian leg of South Stream – which will carry Russian natural gas – may begin as early as next year – participants of a conference were told in Budapest a few days ago. A senior management member of Gazprom said his firm reckons with Hungarian underground gas storage facilities but only if Gazprom may become a co-owner in them.
Hungarian MPs Approve More Spending
- 25 Sep 2013 9:00 AM
- current affairs
MPs yesterday approved the seventh modification of the 2013 budget, increasing the budget deficit target by Ft 171 billion to Ft 1.050 trillion. The bill raises projected budget revenues to Ft 15.325 trillion and total projected spending to Ft 16.376 trillion.
Hungary & Vietnam Sign Nuclear Cooperation Agreement
- 23 Sep 2013 1:00 AM
- current affairs
Minister of State for Energy Affairs Pál Kovács and Deputy Minister for Education Pham Manh Hung signed a bilateral agreement on nuclear training, research, administrative and technical cooperation in the presence of President of the Republic of Hungary János Áder and President of the Socialist Republic of Vietnam Truong Tan Sang in Sándor Palace on 16 September 2013.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Record Low Hungarian Budget Deficit Is Sustainable
- 18 Sep 2013 1:00 AM
- business
The budget deficit (1.9 percent of gross domestic product) has not been at such a low level for 10 years and according to forecasts it will remain below 3 percent next year.
Kapsch Makes Lowest Bid For Hungary's MÁV Telecoms Contract
- 2 May 2013 8:59 AM
- getting around
Kapsch Carrier Com, teaming up with state-owned MVM Ovit, has filed the lowest bid, of Ft 19.8 billion, in the tender to establish the new GSM-R system for railway communications, Napi Gazdaság has learned.
Further Reductions Of Utility Prices Now Possible In Hungary
- 4 Feb 2013 8:00 AM
- current affairs
In public Kossuth Radio's morning show “180 minutes”, Prime Minister Viktor Orbán spoke about the purchase of E.ON’s gas business in Hungary, the latest developments in the IMF talks as well as his meeting with the President of the European Commission. The new Governor of the National Bank and the Prime Minister’s recent visit to Moscow were also discussed.
Hungary's State Energy Company MVM To Buy German Investor's Stake
- 10 Dec 2013 8:00 AM
- business
State energy company MVM will buy German investor RWE’s 49.83% stake in Budapest gas distributor Fõgáz, according to reports. A high ranking RWE representative met state officials and Budapest mayor István Tarlós last week, as the city owns 50% of the company. Retail shareholders have 0.17% of Fõgáz shares.
Gazprom To Sell Gas Cheaper In Hungary
- 27 Nov 2013 8:00 AM
- shopping
E.ON Földgáz Trade, shortly just before it was taken over by state-owned MVM, agreed with Russia’s Gazprom to change the gas price formula, making imports of Russian gas to Hungary 20% cheaper from the fourth quarter, Világgazdaság reports, citing market sources.
Gazprom Looks For Hungarian Storage Facility
- 13 Nov 2013 8:00 AM
- current affairs
Construction of the Hungarian leg of South Stream – which will carry Russian natural gas – may begin as early as next year – participants of a conference were told in Budapest a few days ago. A senior management member of Gazprom said his firm reckons with Hungarian underground gas storage facilities but only if Gazprom may become a co-owner in them.
Hungarian MPs Approve More Spending
- 25 Sep 2013 9:00 AM
- current affairs
MPs yesterday approved the seventh modification of the 2013 budget, increasing the budget deficit target by Ft 171 billion to Ft 1.050 trillion. The bill raises projected budget revenues to Ft 15.325 trillion and total projected spending to Ft 16.376 trillion.
Hungary & Vietnam Sign Nuclear Cooperation Agreement
- 23 Sep 2013 1:00 AM
- current affairs
Minister of State for Energy Affairs Pál Kovács and Deputy Minister for Education Pham Manh Hung signed a bilateral agreement on nuclear training, research, administrative and technical cooperation in the presence of President of the Republic of Hungary János Áder and President of the Socialist Republic of Vietnam Truong Tan Sang in Sándor Palace on 16 September 2013.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Record Low Hungarian Budget Deficit Is Sustainable
- 18 Sep 2013 1:00 AM
- business
The budget deficit (1.9 percent of gross domestic product) has not been at such a low level for 10 years and according to forecasts it will remain below 3 percent next year.
Kapsch Makes Lowest Bid For Hungary's MÁV Telecoms Contract
- 2 May 2013 8:59 AM
- getting around
Kapsch Carrier Com, teaming up with state-owned MVM Ovit, has filed the lowest bid, of Ft 19.8 billion, in the tender to establish the new GSM-R system for railway communications, Napi Gazdaság has learned.
Further Reductions Of Utility Prices Now Possible In Hungary
- 4 Feb 2013 8:00 AM
- current affairs
In public Kossuth Radio's morning show “180 minutes”, Prime Minister Viktor Orbán spoke about the purchase of E.ON’s gas business in Hungary, the latest developments in the IMF talks as well as his meeting with the President of the European Commission. The new Governor of the National Bank and the Prime Minister’s recent visit to Moscow were also discussed.


















