117 result(s) for power in Business
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Hungary GDP Per Capita Two-Thirds Of EU Average
- 22 May 2015 9:00 AM
- business
Hungary’s GDP per capita, adjusted for purchasing power, was 66% of the average for all 28 European Union member states in 2013, according to a report released by Eurostat. The data show the level was 108% of the EU28 average in central Hungary, where the country’s capital is located, but just 42% in the underdeveloped north and great plains regions. In the west of the country, the level stood at ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Hungarian Contractors Could Get Two-Thirds Of Paks Construction
- 23 Apr 2015 9:00 AM
- business
Two-thirds of the construction work involved with the upgrade of Hungary’s Paks nuclear power plant could be done by local companies, Valeriy Limarenko, president of general contractor NIAEP, a unit of Russia’s state-owned nuclear company Rosatom, told journalists in Minsk.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
Hungary’s State-Owned Energy Group MVM Ties Up With US Institute
- 23 Feb 2015 8:00 AM
- business
Hungary’s state-owned energy group MVM has signed an agreement on cooperation in research and development with the Electric Power Research Institute (EPRI) of the US in order to improve security and efficiency in Hungary’s Paks nuclear plant.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Lazar: Euratom Clears Paks Upgrade Contracts
- 11 Sep 2015 11:02 AM
- business
The Euratom Supply Agency has reviewed contracts for the Paks nuclear reactor development project and determined they are fully in line with the EU legal framework, government office chief Janos Lazar said on Thursday. Euratom informed the government on September 7 that the contracts for the Paks development comply with all technical, energy policy and environmental protection requirements, Lazar ...
Hungary GDP Per Capita Two-Thirds Of EU Average
- 22 May 2015 9:00 AM
- business
Hungary’s GDP per capita, adjusted for purchasing power, was 66% of the average for all 28 European Union member states in 2013, according to a report released by Eurostat. The data show the level was 108% of the EU28 average in central Hungary, where the country’s capital is located, but just 42% in the underdeveloped north and great plains regions. In the west of the country, the level stood at ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Hungarian Contractors Could Get Two-Thirds Of Paks Construction
- 23 Apr 2015 9:00 AM
- business
Two-thirds of the construction work involved with the upgrade of Hungary’s Paks nuclear power plant could be done by local companies, Valeriy Limarenko, president of general contractor NIAEP, a unit of Russia’s state-owned nuclear company Rosatom, told journalists in Minsk.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
Hungary’s State-Owned Energy Group MVM Ties Up With US Institute
- 23 Feb 2015 8:00 AM
- business
Hungary’s state-owned energy group MVM has signed an agreement on cooperation in research and development with the Electric Power Research Institute (EPRI) of the US in order to improve security and efficiency in Hungary’s Paks nuclear plant.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.