42 result(s) for official visit in Business
Hungary Introduces New 20.000 Forint Banknotes
- 17 Dec 2015 10:55 AM
- business
This Wednesday the National Bank of Hungary (MNB) released its new 20.000-forint banknotes. The change was previously announced in a decree published in late September in the Hungarian Official Journal. The colour of the banknote has changed a bit, turning into greenish-blue in the middle. Furthermore, the banknote has become protected by special fibers and safety threads.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
More Companies De-Registered In Hungary
- 16 Dec 2015 8:00 AM
- business
Some 44,700 companies have been deleted from the official register this year, 4% more than last year, website feketelista.hu reports. More companies were de-registered than created in all 19 counties. In Budapest, twice as many, 20,534, companies were removed from the list as were added.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Funding For Economic Development Programme In Hungary Up HUF 74 bn
- 1 Oct 2015 9:00 AM
- business
The government has raised this year’s allocation for the Economic Development and Innovation Operative Programme, a national framework for awarding European Union funding, by 74 billion forints to 902 billion (EUR 2.9bn), an official of the economy ministry official told a conference.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Changing Hungarian Pensions Could Have “Serious Ramifications”
- 30 Jul 2015 9:00 AM
- business
Giving men the option to retire after 40 years of work could lead to a serious shortage in some professions, Sándor Czomba, state secretary at the economy ministry, said. Czomba told a press conference that in the next few years some 62,000 people would retire from areas where there is already a shortage. This includes 12,000 engineers. For demographic reasons, the number of newcomers will be ...
Hungarian Govt To Sign Strategic Cooperation Agreement With Unilever
- 27 Jul 2015 9:00 AM
- business
The government is to sign a strategic cooperation agreement with Unilever Hungary Trading company in line with a decision published in the latest issue of official gazette Magyar Közlöny. The foreign minister is expected to arrange the signing of the agreement with Unilever, a large investor in Hungary. Since 2012, the government has signed partnership agreements with 61 companies investing in ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Hungary Introduces New 20.000 Forint Banknotes
- 17 Dec 2015 10:55 AM
- business
This Wednesday the National Bank of Hungary (MNB) released its new 20.000-forint banknotes. The change was previously announced in a decree published in late September in the Hungarian Official Journal. The colour of the banknote has changed a bit, turning into greenish-blue in the middle. Furthermore, the banknote has become protected by special fibers and safety threads.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
More Companies De-Registered In Hungary
- 16 Dec 2015 8:00 AM
- business
Some 44,700 companies have been deleted from the official register this year, 4% more than last year, website feketelista.hu reports. More companies were de-registered than created in all 19 counties. In Budapest, twice as many, 20,534, companies were removed from the list as were added.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Funding For Economic Development Programme In Hungary Up HUF 74 bn
- 1 Oct 2015 9:00 AM
- business
The government has raised this year’s allocation for the Economic Development and Innovation Operative Programme, a national framework for awarding European Union funding, by 74 billion forints to 902 billion (EUR 2.9bn), an official of the economy ministry official told a conference.
National Bank of Hungary Sets Foreign Currency Balance Indicator For Banks
- 31 Jul 2015 9:00 AM
- business
The National Bank of Hungary (NBH) will require banks to have a foreign currency balance indicator (DEM) of maximum 0.15 starting from January 1, 2016, according to a decree by the governor of the NBH published in the Thursday issue of the official gazette Magyar Közlöny. DEM for banks will be calculated based on the balance of foreign currency assets and liabilities divided by total assets.
Changing Hungarian Pensions Could Have “Serious Ramifications”
- 30 Jul 2015 9:00 AM
- business
Giving men the option to retire after 40 years of work could lead to a serious shortage in some professions, Sándor Czomba, state secretary at the economy ministry, said. Czomba told a press conference that in the next few years some 62,000 people would retire from areas where there is already a shortage. This includes 12,000 engineers. For demographic reasons, the number of newcomers will be ...
Hungarian Govt To Sign Strategic Cooperation Agreement With Unilever
- 27 Jul 2015 9:00 AM
- business
The government is to sign a strategic cooperation agreement with Unilever Hungary Trading company in line with a decision published in the latest issue of official gazette Magyar Közlöny. The foreign minister is expected to arrange the signing of the agreement with Unilever, a large investor in Hungary. Since 2012, the government has signed partnership agreements with 61 companies investing in ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.