93 result(s) for sell in Business
Hungary’s Debt Management Agency To Replace Dollar Bonds With Eurobond
- 27 Sep 2017 8:40 AM
- business
Hungary’s Government Debt Management Agency (ÁKK) on Tuesday said it plans to issue a low-interest, long-term eurobond to refinance high-interest dollar bonds that are maturing soon.
General Electric To Sell Lighting Branch
- 13 Jun 2017 8:00 AM
- business
General Electric (GE) has started talks on the sale of its lighting branch, GE said on Monday, confirming reports. The sale will affect most of the company’s plants in Hungary and about half of the local workers, GE said.
Experts Say Proposed Advertising Tax To Hit Independent Outlets Hardest
- 4 Apr 2017 7:00 AM
- business
News of government attacks on NGOs and Central European University has drawn attention away from newer attempts to clamp down on Hungary’s media providers. A bill proposed last week by the Ministry of National Economy would have media providers pay a 9 percent advertising tax if their advertising revenues exceed HUF 100 million (USD 345,000) — a sizable increase from the earlier 5.3 percent tax.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Central Bank To Sell Stake In Budapest Bourse In Five Years
- 2 Jun 2016 9:00 AM
- business
The National Bank of Hungary (MNB) will start to divest its stake in the Budapest Stock Exchange (BSE) within five years, BSE CEO Richárd Végh said yesterday at the Reuters Eastern Europe Investment Summit at Reutersʼ office in Budapest.
Xpat Opinion: Fitch Upgrades Hungary
- 24 May 2016 10:00 AM
- business
As Hungary regains its investment grade status from Fitch Ratings after four years in the junk category, commentators are divided over what comes next.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Hungarian Porcelain Maker Zsolnay Suspects Skulduggery
- 13 Feb 2016 7:00 AM
- business
Hungarian porcelain maker Zsolnay Porcelánmanufaktúra has reacted angrily to a government decree which declared the company of “elevated strategic importance” as defined by the bankruptcy act. They said the company is neither insolvent nor bankrupt, adding that they traced signs of “an intent for a hostile takeover” in recent weeks.
Hungary’s Debt Management Agency To Replace Dollar Bonds With Eurobond
- 27 Sep 2017 8:40 AM
- business
Hungary’s Government Debt Management Agency (ÁKK) on Tuesday said it plans to issue a low-interest, long-term eurobond to refinance high-interest dollar bonds that are maturing soon.
General Electric To Sell Lighting Branch
- 13 Jun 2017 8:00 AM
- business
General Electric (GE) has started talks on the sale of its lighting branch, GE said on Monday, confirming reports. The sale will affect most of the company’s plants in Hungary and about half of the local workers, GE said.
Experts Say Proposed Advertising Tax To Hit Independent Outlets Hardest
- 4 Apr 2017 7:00 AM
- business
News of government attacks on NGOs and Central European University has drawn attention away from newer attempts to clamp down on Hungary’s media providers. A bill proposed last week by the Ministry of National Economy would have media providers pay a 9 percent advertising tax if their advertising revenues exceed HUF 100 million (USD 345,000) — a sizable increase from the earlier 5.3 percent tax.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Central Bank To Sell Stake In Budapest Bourse In Five Years
- 2 Jun 2016 9:00 AM
- business
The National Bank of Hungary (MNB) will start to divest its stake in the Budapest Stock Exchange (BSE) within five years, BSE CEO Richárd Végh said yesterday at the Reuters Eastern Europe Investment Summit at Reutersʼ office in Budapest.
Xpat Opinion: Fitch Upgrades Hungary
- 24 May 2016 10:00 AM
- business
As Hungary regains its investment grade status from Fitch Ratings after four years in the junk category, commentators are divided over what comes next.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Hungarian Porcelain Maker Zsolnay Suspects Skulduggery
- 13 Feb 2016 7:00 AM
- business
Hungarian porcelain maker Zsolnay Porcelánmanufaktúra has reacted angrily to a government decree which declared the company of “elevated strategic importance” as defined by the bankruptcy act. They said the company is neither insolvent nor bankrupt, adding that they traced signs of “an intent for a hostile takeover” in recent weeks.