216 result(s) for statement in Business
Innovative eLearning: A Key Driver of Revenue Growth and Cost Reduction
- 26 Apr 2010 5:00 AM
- business
In the years of the global financial crisis, companies tend to allocate an increased focus to cost-cutting opportunities, as replacing expensive classroom trainings with cost-efficient eLearning program.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungary Magyar Telekom To Provide Gas And Electricity Services
- 12 Mar 2010 12:00 AM
- business
"Management of Hungarian telecoms group Magyar Telekom have on Thursday confirmed market rumours that the company intends to enter the energy market as a service provider. Although MTel’s primary means to give cash to its shareholders remains dividend payment, it aims to keep its option open to repurchase own shares, CFO Tilo Kusch told a background meeting with journalists.
Budapest Transport Co. Gives Ultimatum To Alstom For Delayed Metro Delivery
- 4 Mar 2010 3:00 AM
- business
"Rolling rock maker Alstom is to deliver the new trainsets for Budapest’s M2 metro line with another four-month delay, Hungarian news portal index.hu reported. While the last pledge of Alstom was to deliver the trains by February, it now set the deadline to end-June, saying it will obtain the homologation certificates only by then.
Innovative eLearning: A Key Driver of Revenue Growth and Cost Reduction
- 26 Apr 2010 5:00 AM
- business
In the years of the global financial crisis, companies tend to allocate an increased focus to cost-cutting opportunities, as replacing expensive classroom trainings with cost-efficient eLearning program.
EU May Ease State Aid Rules To Offset Airline Losses
- 20 Apr 2010 5:00 AM
- business
"light bans triggered by a volcanic eruption in Iceland are being lifted all over Europe. Hungary has first called off overflight restrictions above 7,500 metres (24,000 feet) and then suspended general no-fly regulations at noon today. In the meantime, economists have warned that air travel disruption depends entirely on how long the eruption of the Eyjafjallajökull Volcano and the dispersion of ...
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungary Magyar Telekom To Provide Gas And Electricity Services
- 12 Mar 2010 12:00 AM
- business
"Management of Hungarian telecoms group Magyar Telekom have on Thursday confirmed market rumours that the company intends to enter the energy market as a service provider. Although MTel’s primary means to give cash to its shareholders remains dividend payment, it aims to keep its option open to repurchase own shares, CFO Tilo Kusch told a background meeting with journalists.
Budapest Transport Co. Gives Ultimatum To Alstom For Delayed Metro Delivery
- 4 Mar 2010 3:00 AM
- business
"Rolling rock maker Alstom is to deliver the new trainsets for Budapest’s M2 metro line with another four-month delay, Hungarian news portal index.hu reported. While the last pledge of Alstom was to deliver the trains by February, it now set the deadline to end-June, saying it will obtain the homologation certificates only by then.