46 result(s) for property in hungary in Business
Posta Fund Buys Shopping Malls
- 29 Jun 2016 9:00 AM
- business
Diófa Alapkezelõ, the asset manager of property fund Magyar Posta Takarék, purchased 10 shopping malls for the fund in one transaction. The malls are located in Pécs, Dunaújváros, Székesfehérvár, Szombathely, Ajka, Szentes, Kazincbarcika, Kiskunhalas, Esztergom and Budakeszi.
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Court Awards Severance Pay To Ex-MPs
- 4 Mar 2016 8:00 AM
- business
The European Court of Human Rights in Strasbourg has ruled that the Hungarian state must pay Ft 800,000 each to Erzsébet Gy. Németh and Szilvia Kovács Frank. Both were Socialist MPs until 2010 and collected severance pay, which the Orbán cabinet punished by imposing a 98% special tax on it.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Survey: Hungarians Consider Themselves Uninformed On Financial Affairs
- 28 Oct 2015 8:00 AM
- business
Hungarians consider themselves relatively uninformed as regards to financial affairs, but consult several sources when it comes to finding investment options, a survey conducted jointly by CIB Bank and the GfK research institute showed. The two firms conducted the research by asking online 500 people in the 25-69 age group who use the internet on a weekly basis.
Budapest To Get Government-Sponsored New Business School To Compete With IBS And CEU
- 23 Jun 2015 9:00 AM
- business
IBS and CEU Business School, the capital’s two already existing business schools, could be joined by a new institution soon, a government resolution published in the country’s official journal Magyar Közlöny suggests. According to the business newspaper Világgazdaság’s report, the government supports the establishment of a new business school in Budapest and is ready to provide its founders with ...
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...
Posta Fund Buys Shopping Malls
- 29 Jun 2016 9:00 AM
- business
Diófa Alapkezelõ, the asset manager of property fund Magyar Posta Takarék, purchased 10 shopping malls for the fund in one transaction. The malls are located in Pécs, Dunaújváros, Székesfehérvár, Szombathely, Ajka, Szentes, Kazincbarcika, Kiskunhalas, Esztergom and Budakeszi.
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Court Awards Severance Pay To Ex-MPs
- 4 Mar 2016 8:00 AM
- business
The European Court of Human Rights in Strasbourg has ruled that the Hungarian state must pay Ft 800,000 each to Erzsébet Gy. Németh and Szilvia Kovács Frank. Both were Socialist MPs until 2010 and collected severance pay, which the Orbán cabinet punished by imposing a 98% special tax on it.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Survey: Hungarians Consider Themselves Uninformed On Financial Affairs
- 28 Oct 2015 8:00 AM
- business
Hungarians consider themselves relatively uninformed as regards to financial affairs, but consult several sources when it comes to finding investment options, a survey conducted jointly by CIB Bank and the GfK research institute showed. The two firms conducted the research by asking online 500 people in the 25-69 age group who use the internet on a weekly basis.
Budapest To Get Government-Sponsored New Business School To Compete With IBS And CEU
- 23 Jun 2015 9:00 AM
- business
IBS and CEU Business School, the capital’s two already existing business schools, could be joined by a new institution soon, a government resolution published in the country’s official journal Magyar Közlöny suggests. According to the business newspaper Világgazdaság’s report, the government supports the establishment of a new business school in Budapest and is ready to provide its founders with ...
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
National Bank Of Hungary Revokes Quaestor Licence, Clearing Way For Client Compensation
- 20 Apr 2015 9:00 AM
- business
The National Bank of Hungary said it revoked the licence of brokerage Quaestor and ordered it under liquidation, clearing the way for compensation of its clients. The decision to revoke Quaestor’s licence was taken because the brokerage “cannot repay its debts, and its property and assets do not offer coverage for settlement of its liabilities”, the central bank and financial market regulator ...