27 result(s) for subsidy in Business
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Corporate Sport Donations To Be Public
- 23 Mar 2017 9:00 AM
- business
The Capital Court yesterday ordered ministries to reveal the names of companies that used corporate tax allowances to support sports, in a case launched by anti-corruption agency Transparency International.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Investment Volume Up 7% In Q4
- 29 Feb 2016 3:00 AM
- business
Investment volume in Hungary grew by an annual 7% in the fourth quarter, bringing 2015 investment growth to 0.6%, the Central Statistical Office (KSH) said. Investment growth reflected almost exclusively activity in the public administration, social insurance and defence sectors where investments were up 90% from a year earlier in Q4 and rose nearly 50% in the full year.
Fewer Hungarians Open Baby Bond Accounts
- 8 Feb 2016 2:00 AM
- business
The number of Start accounts necessary to become eligible for “baby bonds” opened by Hungarians dropped to about 23,000 last year from 37,200 in 2014, business daily Világgazdaság said In January of this year, Start accounts were opened for just 2,021 of the 7,362 newborn Hungarians.
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.
Hungarian Gov’t Comes To The Rescue Of Styl
- 15 Apr 2015 9:00 AM
- business
The government will offer a Ft 4.5 billion subsidy to save the clothing manufacturer Styl Ruhagyár in Szombathely, Vas County, Napi Gazdaság reports, citing the agenda of the city council, which will vote on the matter on Thursday. The court ordered the liquidation of the company in 2005 after it failed to pay a $6,000 invoice.
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Corporate Sport Donations To Be Public
- 23 Mar 2017 9:00 AM
- business
The Capital Court yesterday ordered ministries to reveal the names of companies that used corporate tax allowances to support sports, in a case launched by anti-corruption agency Transparency International.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Investment Volume Up 7% In Q4
- 29 Feb 2016 3:00 AM
- business
Investment volume in Hungary grew by an annual 7% in the fourth quarter, bringing 2015 investment growth to 0.6%, the Central Statistical Office (KSH) said. Investment growth reflected almost exclusively activity in the public administration, social insurance and defence sectors where investments were up 90% from a year earlier in Q4 and rose nearly 50% in the full year.
Fewer Hungarians Open Baby Bond Accounts
- 8 Feb 2016 2:00 AM
- business
The number of Start accounts necessary to become eligible for “baby bonds” opened by Hungarians dropped to about 23,000 last year from 37,200 in 2014, business daily Világgazdaság said In January of this year, Start accounts were opened for just 2,021 of the 7,362 newborn Hungarians.
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.
Hungarian Gov’t Comes To The Rescue Of Styl
- 15 Apr 2015 9:00 AM
- business
The government will offer a Ft 4.5 billion subsidy to save the clothing manufacturer Styl Ruhagyár in Szombathely, Vas County, Napi Gazdaság reports, citing the agenda of the city council, which will vote on the matter on Thursday. The court ordered the liquidation of the company in 2005 after it failed to pay a $6,000 invoice.