86 result(s) for regulations in Business
Hungary Issues Over 100 Commercial Drone Licences
- 22 Apr 2016 9:00 AM
- business
Hungary’s National Transport Authority (NKH) has so far issued more than 100 licences for the commercial use of unmanned aerial vehicles, business daily Világgazdaság said. The licences cost 19,000 forints (EUR 61) apiece, while a one-time permit for the use of air space is 3,000 forints.
Winning Bidders For EU Money Should Get Payment Upfront
- 5 Feb 2016 8:00 AM
- business
János Lázár, the government office chief, said he would propose to the government that winning bidders in EU tenders should be allowed to immediately receive upfront 50% of the amount awarded.
EC Approves Audi Subsidy In Hungary
- 2 Feb 2016 8:00 AM
- business
A €133.3 million state subsidy given by Hungary to the expansion of the Audi car factory in Gyõr was in line with EU regulations, the European Commission said on Monday after completing a detailed examination. The €1.2 billion project creating 2,100 jobs made a significant contribution to the development of a disadvantaged region, the Commission said.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
State Audit Office Finds Problems At Tax Authority
- 12 Mar 2015 8:00 AM
- business
The State Audit Office (ÁSZ) has found discrepancies at the National Tax and Customs Office (NAV) during a recent screening, ÁSZ told MTI. The shortcomings identified were under the headings of internal regulations, up-to-date management tools, risk management and the paper trail system in audits, ÁSZ said in a statement.
Harman Under Taking HUF 3.5bn Expansion In Hungary
- 6 Mar 2015 8:00 AM
- business
US audio equipment maker Harman, which supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover, is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pécs, in southwest Hungary. The investment will create 420 jobs, raising Harman’s headcount in Hungary to over 2,000.
Hungary Issues Over 100 Commercial Drone Licences
- 22 Apr 2016 9:00 AM
- business
Hungary’s National Transport Authority (NKH) has so far issued more than 100 licences for the commercial use of unmanned aerial vehicles, business daily Világgazdaság said. The licences cost 19,000 forints (EUR 61) apiece, while a one-time permit for the use of air space is 3,000 forints.
Winning Bidders For EU Money Should Get Payment Upfront
- 5 Feb 2016 8:00 AM
- business
János Lázár, the government office chief, said he would propose to the government that winning bidders in EU tenders should be allowed to immediately receive upfront 50% of the amount awarded.
EC Approves Audi Subsidy In Hungary
- 2 Feb 2016 8:00 AM
- business
A €133.3 million state subsidy given by Hungary to the expansion of the Audi car factory in Gyõr was in line with EU regulations, the European Commission said on Monday after completing a detailed examination. The €1.2 billion project creating 2,100 jobs made a significant contribution to the development of a disadvantaged region, the Commission said.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
State Audit Office Finds Problems At Tax Authority
- 12 Mar 2015 8:00 AM
- business
The State Audit Office (ÁSZ) has found discrepancies at the National Tax and Customs Office (NAV) during a recent screening, ÁSZ told MTI. The shortcomings identified were under the headings of internal regulations, up-to-date management tools, risk management and the paper trail system in audits, ÁSZ said in a statement.
Harman Under Taking HUF 3.5bn Expansion In Hungary
- 6 Mar 2015 8:00 AM
- business
US audio equipment maker Harman, which supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover, is undertaking a 3.5 billion forint (EUR 11.4m) expansion in Pécs, in southwest Hungary. The investment will create 420 jobs, raising Harman’s headcount in Hungary to over 2,000.