311 result(s) for profit cap
Govt Mulls Banning Discount Stores, Big Supermarkets From Budapest’s World Heritage Sites
- 19 Nov 2014 8:00 AM
- shopping
A bill on “implementing fair market practices” in commerce submitted to Parliament by the economy minister on Tuesday would prohibit big supermarkets and discount shops from opening in the area of Budapest’s World Heritage sites.
Hungary's Magyar Telekom CEO Mattheisen Shocked By Internet Tax
- 29 Oct 2014 8:00 AM
- tech
The planned internet tax shocked Magyar Telekom, because it goes against the cooperation agreement signed with the government, chairman and CEO Christopher Mattheisen told portfolio.hu in an interview.
Hungarian Govt Supports HUF 700 Cap On Internet Tax
- 28 Oct 2014 3:00 AM
- current affairs
The government supports a proposal put forward by the ruling Fidesz party on capping the tax to be levied on internet traffic at 700 forints or 2.3 euros a month, Economy Minister Mihály Varga said. The tax would not be payable by subscribers but by telecoms, Varga said in parliament on Monday.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Business Confidence In Hungary Continues To Improve, Chamber Survey Shows
- 11 Aug 2014 9:00 AM
- business
The quarterly gauge of business confidence by the Hungarian Chamber of Commerce and Industry’s (MKIK) Economy and Business Research Institute (GVI) rose to +18 points in July from +9 in April. The index last came close to the current level, reaching +16 points, in January 2011.
Budapest Card Information
- 11 Aug 2014 8:00 AM
- specials
The purpose of Budapest Card, the capital’s only official city card, is to help visitors and tourists enjoy an eventful stay in the city and at the same time promote to them Budapest’s rich and diverse culture. The Budapest Card has been present on the capital’s tourism market since 1997, and since its introduction more than 1,000,000 cards have been sold.
Green Light For Hungary To Produce Intercity Trains
- 20 Jul 2014 4:00 AM
- business
Hungary has got the green light to build InterCity trains, the head of the state-owned MÁV rail company said in an interview to business daily Napi Gazdaság. Ilona Dávid told the paper: “We have just received the entire certification that we are capable of making European-standard carriages which can travel to any country.” She said MÁV was working on two prototypes and it was now a question of ...
Govt Mulls Banning Discount Stores, Big Supermarkets From Budapest’s World Heritage Sites
- 19 Nov 2014 8:00 AM
- shopping
A bill on “implementing fair market practices” in commerce submitted to Parliament by the economy minister on Tuesday would prohibit big supermarkets and discount shops from opening in the area of Budapest’s World Heritage sites.
Hungary's Magyar Telekom CEO Mattheisen Shocked By Internet Tax
- 29 Oct 2014 8:00 AM
- tech
The planned internet tax shocked Magyar Telekom, because it goes against the cooperation agreement signed with the government, chairman and CEO Christopher Mattheisen told portfolio.hu in an interview.
Hungarian Govt Supports HUF 700 Cap On Internet Tax
- 28 Oct 2014 3:00 AM
- current affairs
The government supports a proposal put forward by the ruling Fidesz party on capping the tax to be levied on internet traffic at 700 forints or 2.3 euros a month, Economy Minister Mihály Varga said. The tax would not be payable by subscribers but by telecoms, Varga said in parliament on Monday.
Hungary’s Gov Control Office Extends Probe Into Swiss Funds Managed By Ökotárs
- 12 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has extended its investigation into Ökotárs Foundation, an organisation coordinating the distribution of funds from the EEA/Norway Grants in Hungary, to include support received from the Swiss-Hungarian Cooperation Programme and from the central budget, the office said on Thursday.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Moody’s Downgrades Hungary’s Erste, FHB Banks
- 13 Aug 2014 3:00 AM
- business
Moody’s Investors Service downgraded the deposit ratings of Erste Bank Hungary and FHB Mortgage Bank both to B3 from B2 on Tuesday, the ratings agency announced. Moody’s maintained the negative outlook for both banks, citing “increased risk of losses” resulting from recently adopted borrowers’ relief legislation and “ongoing negative pressure on...financial fundamentals”.
Business Confidence In Hungary Continues To Improve, Chamber Survey Shows
- 11 Aug 2014 9:00 AM
- business
The quarterly gauge of business confidence by the Hungarian Chamber of Commerce and Industry’s (MKIK) Economy and Business Research Institute (GVI) rose to +18 points in July from +9 in April. The index last came close to the current level, reaching +16 points, in January 2011.
Budapest Card Information
- 11 Aug 2014 8:00 AM
- specials
The purpose of Budapest Card, the capital’s only official city card, is to help visitors and tourists enjoy an eventful stay in the city and at the same time promote to them Budapest’s rich and diverse culture. The Budapest Card has been present on the capital’s tourism market since 1997, and since its introduction more than 1,000,000 cards have been sold.
Green Light For Hungary To Produce Intercity Trains
- 20 Jul 2014 4:00 AM
- business
Hungary has got the green light to build InterCity trains, the head of the state-owned MÁV rail company said in an interview to business daily Napi Gazdaság. Ilona Dávid told the paper: “We have just received the entire certification that we are capable of making European-standard carriages which can travel to any country.” She said MÁV was working on two prototypes and it was now a question of ...