277 result(s) for profits
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 […]
Diplomat: German Firms Re-Invest 50% Of Profits In Hungary
- 2 Feb 2015 4:00 AM
- business
German companies reinvest over 50% of the profits on their operations in Hungary, German ambassador Lieselore Cyrus said in an interview published in business daily Napi Gazdaság. The ambassador noted that the 6,000 German firms active in Hungary have invested some 20 billion euros in Hungary in the past 25 years and have created 300,000 jobs.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
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.
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.
Public Protests Start As Tax On Internet Traffic Planned In Hungary
- 24 Oct 2014 2:30 AM
- tech
According to the bill prepared by the governing party, every single gigabyte of started download will cost internet service providers HUF 150 (USD 0.62). The tax, planned to be introduced from January 2015, would mean an almost unbearable burden for internet service providers, and would be passed to every single internet user in the country as an extra charge.
Green Social Budapest @ Ötkert, 14 October
- 13 Oct 2014 9:08 AM
- business
"It is a pleasure for us to announce that our next Green Social Budapest will take place at one of the most famous venues in the center of Budapest, Ötkert. It will be happening on the 14th of October, starting at 8pm.
Hungary’s Illiberal Prime Minister, Billionaire Sandor Csanyi & Batman
- 24 Sep 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán opened the autumn session of the Hungarian parliament with a speech that set out his government’s agenda for the months ahead on Monday. Orbán also made the case for Fidesz’s war on banks and further decreases in household utility costs.
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.
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 […]
Diplomat: German Firms Re-Invest 50% Of Profits In Hungary
- 2 Feb 2015 4:00 AM
- business
German companies reinvest over 50% of the profits on their operations in Hungary, German ambassador Lieselore Cyrus said in an interview published in business daily Napi Gazdaság. The ambassador noted that the 6,000 German firms active in Hungary have invested some 20 billion euros in Hungary in the past 25 years and have created 300,000 jobs.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
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.
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.
Public Protests Start As Tax On Internet Traffic Planned In Hungary
- 24 Oct 2014 2:30 AM
- tech
According to the bill prepared by the governing party, every single gigabyte of started download will cost internet service providers HUF 150 (USD 0.62). The tax, planned to be introduced from January 2015, would mean an almost unbearable burden for internet service providers, and would be passed to every single internet user in the country as an extra charge.
Green Social Budapest @ Ötkert, 14 October
- 13 Oct 2014 9:08 AM
- business
"It is a pleasure for us to announce that our next Green Social Budapest will take place at one of the most famous venues in the center of Budapest, Ötkert. It will be happening on the 14th of October, starting at 8pm.
Hungary’s Illiberal Prime Minister, Billionaire Sandor Csanyi & Batman
- 24 Sep 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán opened the autumn session of the Hungarian parliament with a speech that set out his government’s agenda for the months ahead on Monday. Orbán also made the case for Fidesz’s war on banks and further decreases in household utility costs.
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.