209 result(s) for statement in Business
Audi To Make Hungary Electric Motor Centre
- 28 Jun 2016 9:00 AM
- business
German carmaker Audi plans to make Hungary its electric motor centre, Economy Minister Mihály Varga said in a statement on Monday, after talks with Audi Hungaria managing director Peter Kössler. The government is negotiating the details, Varga said, adding that the plan is in harmony with the government’s Jedlik e-mobility project.
US-Hungary Business Council Delegation In Budapest
- 24 Jun 2016 9:00 AM
- business
A delegation of the non-profit US-Hungary Business Council, met Economy Minister Mihály Varga in Budapest on the second day of its first business mission organised in Hungary. Varga greeted USHBC head Eric Stewart in his office and said that the Hungarian government’s investor-friendly policies offer good opportunities for US firms.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Economy Minister Varga: Hungary Hopes To Boost Business With Hong Kong
- 6 Apr 2016 9:00 AM
- business
Hungarian companies have shown a growing interest in business opportunities in Hong Kong and the Hungarian government hopes that similar interest can be sparked among Hong Kong firms in Hungarian investments, Economy Minister Mihály Varga said after holding talks with officials from Hong Kong in Budapest on Tuesday.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Szijjártó: Hungary Eyes Strategic Cooperation With Two U.K. Companies
- 17 Mar 2016 11:00 AM
- business
The Hungarian government is currently negotiating with two British companies on the possibilities of establishing strategic cooperation, Minister of Foreign Affairs and Trade Péter Szijjártó said Thursday, according to reports.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
Audi To Make Hungary Electric Motor Centre
- 28 Jun 2016 9:00 AM
- business
German carmaker Audi plans to make Hungary its electric motor centre, Economy Minister Mihály Varga said in a statement on Monday, after talks with Audi Hungaria managing director Peter Kössler. The government is negotiating the details, Varga said, adding that the plan is in harmony with the government’s Jedlik e-mobility project.
US-Hungary Business Council Delegation In Budapest
- 24 Jun 2016 9:00 AM
- business
A delegation of the non-profit US-Hungary Business Council, met Economy Minister Mihály Varga in Budapest on the second day of its first business mission organised in Hungary. Varga greeted USHBC head Eric Stewart in his office and said that the Hungarian government’s investor-friendly policies offer good opportunities for US firms.
MNB: Hungarian Banks See Profits Rise By 209% In Q1
- 27 May 2016 9:00 AM
- business
Combined first-quarter after-tax profit of Hungarian banks rose 209% compared to the same period a year earlier, reaching HUF 191.4 billion, data released by the National Bank of Hungary (MNB) today show, according to Hungarian news agency MTI.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Economy Minister Varga: Hungary Hopes To Boost Business With Hong Kong
- 6 Apr 2016 9:00 AM
- business
Hungarian companies have shown a growing interest in business opportunities in Hong Kong and the Hungarian government hopes that similar interest can be sparked among Hong Kong firms in Hungarian investments, Economy Minister Mihály Varga said after holding talks with officials from Hong Kong in Budapest on Tuesday.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Szijjártó: Hungary Eyes Strategic Cooperation With Two U.K. Companies
- 17 Mar 2016 11:00 AM
- business
The Hungarian government is currently negotiating with two British companies on the possibilities of establishing strategic cooperation, Minister of Foreign Affairs and Trade Péter Szijjártó said Thursday, according to reports.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.