344 result(s) for otp
Xpat Opinion: Hungaricums Are Not Completely Hungarian
- 11 Jul 2012 1:00 AM
- shopping
During the fall of 2011 a whole team within the Ministry of Agriculture was busy preparing a bill that was supposed to protect Hungary’s national treasures. Half a billion forints was set aside for this purpose. The members of the thirteen-member committee went from county to county to gather items deemed worthy of inclusion on this list. These national treasures are varied, from the Holy Crown ...
Cabinet Provides Budapest Transport Company BKV Guarantees
- 6 Jul 2012 9:00 AM
- getting around
The cabinet has agreed to provide a full guarantee for financing the BKV after the city agreed on extending refinancing of the public transport company's Ft 63 billion debt with seven banks last week. The decision was made just before a Ft 48 billion BKV loan come due.
Invitation: Gourmet Gastro Festival In Budapest, 3 - 5 June
- 1 Jun 2012 9:02 AM
- food & drink
The Gourmet Festival is an exciting gastronomical replica of Hungary. Presenters will participate from around the country, so all the culinary pleasures that otherwise would only be accessible after quite a travel, will be available here in one place. Between June 8 and 10, visitors can enjoy cultural delights in addition to culinary ones at the renewed OTP Klub Gourmet festival: Veronika Harcsa, ...
OTP Bank Head Csányi Loses HUF 20 Billion But Remains Wealthiest Hungarian
- 11 May 2012 9:02 AM
- current affairs
OTP Bank chairman and CEO Sándor Csányi is again Hungary’s richest person in 2012 with assets of Ft 135 billion, down from Ft 155 billion in 2011, according to Napi Gazdaság’s annual list of the 100 wealthiest Hungarians. Csányi topped the list in 2005, 2006, and again last year.
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Sziget Festival Budapest 20 – A Comprehensive Intro
- 8 May 2012 9:02 AM
- entertainment
Sziget is the place to be in the middle of August. Europe’s Best Major Festival is celebrating its 20th edition, promising not just great programs, but also a new visual concept. The renewed festival is happy to welcome all the fans who enjoyed it in the past, but also tries to set the targets for the next decades. And now it’s official: the 2012 edition of the Budapest-based event will be a day ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Hungarian Stocks & Currency See Week-Long Rally On Signs Of Gov’t Compromise In Dispute With EU
- 20 Jan 2012 8:00 AM
- current affairs
Indications from Prime Minister Viktor Orbán that he is willing to amend some laws in order to resolve disputes with the European Commission have fuelled a rally in the Hungarian currency, stocks and bonds this week. The forint strengthened to its strongest level against the euro this year yesterday at Ft 302, with the Swiss franc quoted at Ft 250.
Csányi Blackmailers Get Suspended Sentences In Hungary
- 12 Nov 2010 12:00 AM
- current affairs
"Pest Central District Court on Thursday handed down suspended prison sentences and imposed fines on three men for blackmailing OTP chairman Sándor Csányi in 2007. The three had threatened to make public a tax audit pertaining to the construction of the Bank Center in downtown Budapest, which they claimed would be embarrassing for Csányi.
Xpat Opinion: Hungaricums Are Not Completely Hungarian
- 11 Jul 2012 1:00 AM
- shopping
During the fall of 2011 a whole team within the Ministry of Agriculture was busy preparing a bill that was supposed to protect Hungary’s national treasures. Half a billion forints was set aside for this purpose. The members of the thirteen-member committee went from county to county to gather items deemed worthy of inclusion on this list. These national treasures are varied, from the Holy Crown ...
Cabinet Provides Budapest Transport Company BKV Guarantees
- 6 Jul 2012 9:00 AM
- getting around
The cabinet has agreed to provide a full guarantee for financing the BKV after the city agreed on extending refinancing of the public transport company's Ft 63 billion debt with seven banks last week. The decision was made just before a Ft 48 billion BKV loan come due.
Invitation: Gourmet Gastro Festival In Budapest, 3 - 5 June
- 1 Jun 2012 9:02 AM
- food & drink
The Gourmet Festival is an exciting gastronomical replica of Hungary. Presenters will participate from around the country, so all the culinary pleasures that otherwise would only be accessible after quite a travel, will be available here in one place. Between June 8 and 10, visitors can enjoy cultural delights in addition to culinary ones at the renewed OTP Klub Gourmet festival: Veronika Harcsa, ...
OTP Bank Head Csányi Loses HUF 20 Billion But Remains Wealthiest Hungarian
- 11 May 2012 9:02 AM
- current affairs
OTP Bank chairman and CEO Sándor Csányi is again Hungary’s richest person in 2012 with assets of Ft 135 billion, down from Ft 155 billion in 2011, according to Napi Gazdaság’s annual list of the 100 wealthiest Hungarians. Csányi topped the list in 2005, 2006, and again last year.
Hungarian PM Orban Stands By 98% Severance Pay Tax
- 9 May 2012 9:00 AM
- business
Prime Minister Viktor Orban supports keeping the 98% tax imposed on public-sector severance payments, he announced after a governing caucus meeting. In the new Szell Kalman plan, the government envisaged abolishing this tax. “I surrendered to the argument of the caucus. They said it is too early to withdraw this tax,” Orban told reporters at a joint press briefing with Economy Minister Gyorgy ...
Sziget Festival Budapest 20 – A Comprehensive Intro
- 8 May 2012 9:02 AM
- entertainment
Sziget is the place to be in the middle of August. Europe’s Best Major Festival is celebrating its 20th edition, promising not just great programs, but also a new visual concept. The renewed festival is happy to welcome all the fans who enjoyed it in the past, but also tries to set the targets for the next decades. And now it’s official: the 2012 edition of the Budapest-based event will be a day ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Hungarian Stocks & Currency See Week-Long Rally On Signs Of Gov’t Compromise In Dispute With EU
- 20 Jan 2012 8:00 AM
- current affairs
Indications from Prime Minister Viktor Orbán that he is willing to amend some laws in order to resolve disputes with the European Commission have fuelled a rally in the Hungarian currency, stocks and bonds this week. The forint strengthened to its strongest level against the euro this year yesterday at Ft 302, with the Swiss franc quoted at Ft 250.
Csányi Blackmailers Get Suspended Sentences In Hungary
- 12 Nov 2010 12:00 AM
- current affairs
"Pest Central District Court on Thursday handed down suspended prison sentences and imposed fines on three men for blackmailing OTP chairman Sándor Csányi in 2007. The three had threatened to make public a tax audit pertaining to the construction of the Bank Center in downtown Budapest, which they claimed would be embarrassing for Csányi.