53 result(s) for property in Business
Reiwag Driven Out Of Hungary
- 12 Aug 2014 9:00 AM
- business
Austrian property and waste manager Reiwag is leaving Hungary, because it is difficult to make money legally here, CEO Viktor Wagner said yesterday.
Creative Industry Boom In Hungary - Startup Companies Appear At Every Corner
- 23 May 2014 9:00 AM
- business
The successors of Ernő Rubik, creator of the Rubik's Cube, require both creativity and perseverance to succeed, a recent publication on Hungarian creativity in the 21st century reveals. Despite the difficulties, startup companies continue to pop up and flourish, and represent a perceivable factor of the Hungarian economy.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
EU Court Rules Against Hungary's 98% Tax On Severance Pay
- 26 Jun 2013 9:01 AM
- business
The European Court of Human Rights in Strasbourg awarded €16,000 in compensation and €900 in legal expenses to a former tax office employee who sued the government over its 98% tax on severance pay introduced in 2010.
Xpat Opinion: Hungary Looks To The East
- 23 May 2013 9:00 AM
- business
Hungarian businessmen sense they are being discriminated against in the West because they are Eastern European, so they feel more comfortable seeking out business opportunities in the East. Buyers from the EU also tend to be more demanding. In the East the domestic manufacturers are often not as competitive and consumers are looking for new quality products. What is more, there is an emotional ...
Xpat Opinion: Bosch In Budapest
- 9 Apr 2013 9:01 AM
- business
The Hungarian R&D center of Robert Bosch GmbH just began the second phase of its 60-million-euro construction project in District 10, Budapest. The district, connecting the city center with the airport, is home to a number of pharmaceutical firms, as well as large brown field development areas. The 40-million-euro first phase began a year and a half ago on the 50,000 m2 plot, and will make it ...
Hungarian Companies Affected By Cyprus Crisis
- 20 Mar 2013 8:10 AM
- business
Some 1,500 Cyprus-registered companies have Hungarian owners, company information service company Opten claims. Annual reports for 2011 indicate that the companies most exposed to Cyprus are Ukrainian-owned metal works ISD Dunaferr Dunai Vasmû, Hungary-Meat, SMR Automotive Mirror Technology Hungary, the West End shopping centre, Bonbonetti Choco, property developer Duna Kongresszus and Expert ...
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Reiwag Driven Out Of Hungary
- 12 Aug 2014 9:00 AM
- business
Austrian property and waste manager Reiwag is leaving Hungary, because it is difficult to make money legally here, CEO Viktor Wagner said yesterday.
Creative Industry Boom In Hungary - Startup Companies Appear At Every Corner
- 23 May 2014 9:00 AM
- business
The successors of Ernő Rubik, creator of the Rubik's Cube, require both creativity and perseverance to succeed, a recent publication on Hungarian creativity in the 21st century reveals. Despite the difficulties, startup companies continue to pop up and flourish, and represent a perceivable factor of the Hungarian economy.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
EU Court Rules Against Hungary's 98% Tax On Severance Pay
- 26 Jun 2013 9:01 AM
- business
The European Court of Human Rights in Strasbourg awarded €16,000 in compensation and €900 in legal expenses to a former tax office employee who sued the government over its 98% tax on severance pay introduced in 2010.
Xpat Opinion: Hungary Looks To The East
- 23 May 2013 9:00 AM
- business
Hungarian businessmen sense they are being discriminated against in the West because they are Eastern European, so they feel more comfortable seeking out business opportunities in the East. Buyers from the EU also tend to be more demanding. In the East the domestic manufacturers are often not as competitive and consumers are looking for new quality products. What is more, there is an emotional ...
Xpat Opinion: Bosch In Budapest
- 9 Apr 2013 9:01 AM
- business
The Hungarian R&D center of Robert Bosch GmbH just began the second phase of its 60-million-euro construction project in District 10, Budapest. The district, connecting the city center with the airport, is home to a number of pharmaceutical firms, as well as large brown field development areas. The 40-million-euro first phase began a year and a half ago on the 50,000 m2 plot, and will make it ...
Hungarian Companies Affected By Cyprus Crisis
- 20 Mar 2013 8:10 AM
- business
Some 1,500 Cyprus-registered companies have Hungarian owners, company information service company Opten claims. Annual reports for 2011 indicate that the companies most exposed to Cyprus are Ukrainian-owned metal works ISD Dunaferr Dunai Vasmû, Hungary-Meat, SMR Automotive Mirror Technology Hungary, the West End shopping centre, Bonbonetti Choco, property developer Duna Kongresszus and Expert ...
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.