7,755 result(s) for plan
Hungary Upgrades Espionage Capabilities
- 17 Jul 2015 12:40 PM
- current affairs
The massive reorganization at Hungary’s “Information Office”, the country’s non-military intelligence gathering agency, is finished. The next big reorganization will take place at the Constitutional Protection Office, Hungary’s counter-intelligence agency.
Budapest’s Ugliest Building To Finally Go Under The Hammer
- 17 Jul 2015 12:30 PM
- property
A half-complete building looking over the River Danube in Budapest’s District II, which has been dubbed one of the capital’s greatest eyesores, is to finally go under the hammer after fifteen years. The building, originally constructed as a hotel for members of the Communist-era National Council of Trade Unions (SZOT) in 1971, was demolished in the early 1990s.
French Artist Bernar Venet Unveils Sculpture In Budapest
- 17 Jul 2015 9:00 AM
- community & culture
An 8 tonne steel sculpture by renowned French contemporary artist Bernar Venet was unveiled in central Budapest. Arcs in Disorder can be viewed in March 15 Square near Elizabeth Bridge. The artist told news agency MTI at the unveiling that he originally planned to display Arcs in southern France, but decided on Budapest instead, given the “prominent” spot on offer.
Budapest Chooses Russian Bidder To Refurbish 222 Subway Cars
- 16 Jul 2015 9:00 AM
- getting around
Russian-owned Metrovagonmas has been awarded a HUF 69 billion (USD 250 million) contract to refurbish 222 of Budapest Transportation Authority’s (BKV Zrt.) subway cars, many of which are more than thirty years old. Hungarian news site Index.hu reports BKV rejected an offer from Estonia’s Skinest Rail that was 11 percent cheaper for “being too low”, even though it was only some 2.5 percent lower ...
Hungary Spending HUF 600 Million To Remind Hungarians They Don’t Live In Greece
- 16 Jul 2015 9:00 AM
- current affairs
The Hungarian government plans to launch yet another expensive public relations campaign in the coming days, this time to raise awareness about the successful reforms and economic growth of recent years, says government spokesperson Zoltán Kovács. He says the campaign will cost some HUF 600 million (USD 2.2. million) but he did not specify what the message will be.
Budapest Housing Rents Up 20%
- 16 Jul 2015 9:00 AM
- property
Housing rents are up 20% in Budapest’s city centre and near the universities compared to the first half of 2014, business daily Világgazdaság said. Outside of the capital, rents are practically unchanged in East Hungary, but prices in the West, particularly in the environs of Győr, Sopron and Szombathely, are now close to those in Budapest, Attila Déry, analyst of real estate broker Otthon ...
Socialists Use Budapest Office As Aid Centre For Migrants
- 16 Jul 2015 9:00 AM
- current affairs
The Socialist Party plans to transform its former headquarters building into a logistics and co-ordination centre for NGOs engaged in helping migrants, it was announced on Wednesday. Ágnes Kunhalmi, head of the party’s Budapest chapter, said migrants cannot stay in the Jókai utca building in Budapest’s Sixth District because the law does not allow it.
Hungary’s Béres Gets Huge Subsidy For Ft 3.2bn Investment
- 15 Jul 2015 9:00 AM
- health & wellness
Pharmaceutical company Béres Gyógyszergyár has began a Ft 3.2 billion capacity expansion investment at its plant in Szolnok. Half of the costs, Ft 1.6 billion, will be covered by the state, Foreign Affairs and Trade Minister Péter Szijjártó announced. Béres will increase its production area to 1,600m2 and its warehouse storage space by 400m2, in addition to installing new technology in the plant.
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Hungary Upgrades Espionage Capabilities
- 17 Jul 2015 12:40 PM
- current affairs
The massive reorganization at Hungary’s “Information Office”, the country’s non-military intelligence gathering agency, is finished. The next big reorganization will take place at the Constitutional Protection Office, Hungary’s counter-intelligence agency.
Budapest’s Ugliest Building To Finally Go Under The Hammer
- 17 Jul 2015 12:30 PM
- property
A half-complete building looking over the River Danube in Budapest’s District II, which has been dubbed one of the capital’s greatest eyesores, is to finally go under the hammer after fifteen years. The building, originally constructed as a hotel for members of the Communist-era National Council of Trade Unions (SZOT) in 1971, was demolished in the early 1990s.
French Artist Bernar Venet Unveils Sculpture In Budapest
- 17 Jul 2015 9:00 AM
- community & culture
An 8 tonne steel sculpture by renowned French contemporary artist Bernar Venet was unveiled in central Budapest. Arcs in Disorder can be viewed in March 15 Square near Elizabeth Bridge. The artist told news agency MTI at the unveiling that he originally planned to display Arcs in southern France, but decided on Budapest instead, given the “prominent” spot on offer.
Budapest Chooses Russian Bidder To Refurbish 222 Subway Cars
- 16 Jul 2015 9:00 AM
- getting around
Russian-owned Metrovagonmas has been awarded a HUF 69 billion (USD 250 million) contract to refurbish 222 of Budapest Transportation Authority’s (BKV Zrt.) subway cars, many of which are more than thirty years old. Hungarian news site Index.hu reports BKV rejected an offer from Estonia’s Skinest Rail that was 11 percent cheaper for “being too low”, even though it was only some 2.5 percent lower ...
Hungary Spending HUF 600 Million To Remind Hungarians They Don’t Live In Greece
- 16 Jul 2015 9:00 AM
- current affairs
The Hungarian government plans to launch yet another expensive public relations campaign in the coming days, this time to raise awareness about the successful reforms and economic growth of recent years, says government spokesperson Zoltán Kovács. He says the campaign will cost some HUF 600 million (USD 2.2. million) but he did not specify what the message will be.
Budapest Housing Rents Up 20%
- 16 Jul 2015 9:00 AM
- property
Housing rents are up 20% in Budapest’s city centre and near the universities compared to the first half of 2014, business daily Világgazdaság said. Outside of the capital, rents are practically unchanged in East Hungary, but prices in the West, particularly in the environs of Győr, Sopron and Szombathely, are now close to those in Budapest, Attila Déry, analyst of real estate broker Otthon ...
Socialists Use Budapest Office As Aid Centre For Migrants
- 16 Jul 2015 9:00 AM
- current affairs
The Socialist Party plans to transform its former headquarters building into a logistics and co-ordination centre for NGOs engaged in helping migrants, it was announced on Wednesday. Ágnes Kunhalmi, head of the party’s Budapest chapter, said migrants cannot stay in the Jókai utca building in Budapest’s Sixth District because the law does not allow it.
Hungary’s Béres Gets Huge Subsidy For Ft 3.2bn Investment
- 15 Jul 2015 9:00 AM
- health & wellness
Pharmaceutical company Béres Gyógyszergyár has began a Ft 3.2 billion capacity expansion investment at its plant in Szolnok. Half of the costs, Ft 1.6 billion, will be covered by the state, Foreign Affairs and Trade Minister Péter Szijjártó announced. Béres will increase its production area to 1,600m2 and its warehouse storage space by 400m2, in addition to installing new technology in the plant.
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.















