316 result(s) for profit cap
Hungarian Conductor Ivan Fischer Receives Award For Lifetime Achievement
- 9 Apr 2015 9:02 AM
- community & culture
Following in the footsteps of Placido Domingo, Gustavo Dudamel and Quincy Jones, this year Ivan Fischer has been granted the Abu Dhabi Festival Award for his lifetime contribution to the arts. Iván Fischer, Music Director of the Budapest Festival Orchestra, has been presented with the 2015 Abu Dhabi Festival Award, which is bestowed each year on artists who have made an exceptional contribution ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
EC Opens Investigation On Hungary Ad Tax
- 12 Mar 2015 2:00 AM
- current affairs
The European Commission has opened an in-depth investigation to determine whether Hungary’s tax on advertisements complied with European Union rules on state aid. The EC expressed concerns that the progressive tax “could selectively favour certain companies and give them an unfair competitive advantage”.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Lajos Simicska: I Will Not Be Orban’s Partner In Building A New Dictatorship
- 9 Feb 2015 8:00 AM
- current affairs
Fidesz oligarch and Hungarian media and construction tycoon Lajos Simicska gave yet another interview, this time to Hungarian website Magyar Narancs. Simicska talks about his split with Orban over the latter’s plans to create a new dictatorship.
Photo: Viktor Orban (left) and Lajos Simicska (right) during the first Orban government (2008-2012)
Photo: Viktor Orban (left) and Lajos Simicska (right) during the first Orban government (2008-2012)
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Self Store Budapest Boasts More Than 1,000 Renters
- 26 Jan 2015 8:00 AM
- business
Hungarian self-storage company Self Store Budapest has more than 1,000 customers six years after starting business in the Hungarian capital, and it expects to double this number in five years, managing director Márk Ablonczy said. The company has 15,000 square metres of storage space in three buildings but it will open a self-storage “plaza” in the north of the Hungarian capital with almost ...
Interview With Richard Field, Managing Editor Of The Budapest Beacon
- 20 Jan 2015 8:00 AM
- community & culture
At the end of 2014 he condemned the government in a number of articles appearing in the columns of the Budapest Beacon. The other paper he operates with journalists who used to work for Origo, abcug.hu, brings home the situation with regard to poverty in Hungary. The American businessman and philanthropist, Richard Field, supported Mária Seres’s movement and then LMP.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
Hungarian Conductor Ivan Fischer Receives Award For Lifetime Achievement
- 9 Apr 2015 9:02 AM
- community & culture
Following in the footsteps of Placido Domingo, Gustavo Dudamel and Quincy Jones, this year Ivan Fischer has been granted the Abu Dhabi Festival Award for his lifetime contribution to the arts. Iván Fischer, Music Director of the Budapest Festival Orchestra, has been presented with the 2015 Abu Dhabi Festival Award, which is bestowed each year on artists who have made an exceptional contribution ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
EC Opens Investigation On Hungary Ad Tax
- 12 Mar 2015 2:00 AM
- current affairs
The European Commission has opened an in-depth investigation to determine whether Hungary’s tax on advertisements complied with European Union rules on state aid. The EC expressed concerns that the progressive tax “could selectively favour certain companies and give them an unfair competitive advantage”.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
Lajos Simicska: I Will Not Be Orban’s Partner In Building A New Dictatorship
- 9 Feb 2015 8:00 AM
- current affairs
Fidesz oligarch and Hungarian media and construction tycoon Lajos Simicska gave yet another interview, this time to Hungarian website Magyar Narancs. Simicska talks about his split with Orban over the latter’s plans to create a new dictatorship.
Photo: Viktor Orban (left) and Lajos Simicska (right) during the first Orban government (2008-2012)
Photo: Viktor Orban (left) and Lajos Simicska (right) during the first Orban government (2008-2012)
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Self Store Budapest Boasts More Than 1,000 Renters
- 26 Jan 2015 8:00 AM
- business
Hungarian self-storage company Self Store Budapest has more than 1,000 customers six years after starting business in the Hungarian capital, and it expects to double this number in five years, managing director Márk Ablonczy said. The company has 15,000 square metres of storage space in three buildings but it will open a self-storage “plaza” in the north of the Hungarian capital with almost ...
Interview With Richard Field, Managing Editor Of The Budapest Beacon
- 20 Jan 2015 8:00 AM
- community & culture
At the end of 2014 he condemned the government in a number of articles appearing in the columns of the Budapest Beacon. The other paper he operates with journalists who used to work for Origo, abcug.hu, brings home the situation with regard to poverty in Hungary. The American businessman and philanthropist, Richard Field, supported Mária Seres’s movement and then LMP.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.