248 result(s) for subsidy
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Bigger Budget For Sziget Budapest
- 10 Aug 2015 2:40 AM
- entertainment
The Sziget Festival starts this week with an expanded budget that allows organisers to pay guest performers 30-40% more than last year, chief promoter Károly Gerendai told Népszabadság. This year’s budget is Ft 4.7 billion, up from Ft 3.7 billion last year. The most expensive performer is English singer Robbie Williams, who will be on stage on Monday, “Day Zero” before the six-day festival gets ...
Hungary’s Béres Gets Huge Subsidy For Ft 3.2bn Investment
- 15 Jul 2015 9:00 AM
- health & wellness
Pharmaceutical company Béres Gyógyszergyár has began a Ft 3.2 billion capacity expansion investment at its plant in Szolnok. Half of the costs, Ft 1.6 billion, will be covered by the state, Foreign Affairs and Trade Minister Péter Szijjártó announced. Béres will increase its production area to 1,600m2 and its warehouse storage space by 400m2, in addition to installing new technology in the plant.
Hungarian Housing Market Growing Rapidly
- 2 Jul 2015 9:00 AM
- property
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.
Hungary To Promote GMO-Free Soya Production With Subsidy
- 6 May 2015 9:00 AM
- food & drink
The government will provide subsidies to promote GMO-free soya production in Hungary, a farm ministry official said. Soya is one of the most important sources of animal feed protein but the type grown in 85-99% of land in the world’s leading soya producers of Brazil, Argentine and the US is genetically modified, Zsolt Feldman said.
Congestion Fee In Budapest May Be Called Off
- 24 Apr 2015 9:01 AM
- getting around
Budapest might not introduce the congestion fee agreed to by former mayor Gábor Demszky in exchange for EU funding for the city’s fourth metro line, vs.hu reported on Thursday. According to reports, the European Commission will allow Budapest to pay back only 10-30% of the Ft 181 billion subsidy.
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.
LMP Files Criminal Report About Alleged Eximbank Loan For Hungarian TV2 Purchase
- 17 Dec 2015 8:00 AM
- current affairs
The green opposition LMP will file a criminal report for abuse of power and mismanagement in connection with Eximbank lending 6.72 billion forints (EUR 21.3m) to government commissioner Andrew G Vajna’s company to buy media group TV2, according to press reports. LMP co-leader András Schiffer said that the bank should not “stuff the pockets of a government-friendly offshore knight with loans”.
Interest Strong For New Homebuyers’ Subsidy In Hungary
- 28 Sep 2015 5:01 AM
- property
Clients of OTP Bank, Hungary’s biggest commercial lender, have so far submitted more than 2,500 applications for the state’s new home loan subsidy, deputy-CEO Antal Kovács said. More than 800 clients have already been awarded the subsidy, known by its Hungarian acronym “csok”. The government has already raised the csok allocation after interest exceeded the originally targeted 4,000 applications ...
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Bigger Budget For Sziget Budapest
- 10 Aug 2015 2:40 AM
- entertainment
The Sziget Festival starts this week with an expanded budget that allows organisers to pay guest performers 30-40% more than last year, chief promoter Károly Gerendai told Népszabadság. This year’s budget is Ft 4.7 billion, up from Ft 3.7 billion last year. The most expensive performer is English singer Robbie Williams, who will be on stage on Monday, “Day Zero” before the six-day festival gets ...
Hungary’s Béres Gets Huge Subsidy For Ft 3.2bn Investment
- 15 Jul 2015 9:00 AM
- health & wellness
Pharmaceutical company Béres Gyógyszergyár has began a Ft 3.2 billion capacity expansion investment at its plant in Szolnok. Half of the costs, Ft 1.6 billion, will be covered by the state, Foreign Affairs and Trade Minister Péter Szijjártó announced. Béres will increase its production area to 1,600m2 and its warehouse storage space by 400m2, in addition to installing new technology in the plant.
Hungarian Housing Market Growing Rapidly
- 2 Jul 2015 9:00 AM
- property
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.
Hungary To Promote GMO-Free Soya Production With Subsidy
- 6 May 2015 9:00 AM
- food & drink
The government will provide subsidies to promote GMO-free soya production in Hungary, a farm ministry official said. Soya is one of the most important sources of animal feed protein but the type grown in 85-99% of land in the world’s leading soya producers of Brazil, Argentine and the US is genetically modified, Zsolt Feldman said.
Congestion Fee In Budapest May Be Called Off
- 24 Apr 2015 9:01 AM
- getting around
Budapest might not introduce the congestion fee agreed to by former mayor Gábor Demszky in exchange for EU funding for the city’s fourth metro line, vs.hu reported on Thursday. According to reports, the European Commission will allow Budapest to pay back only 10-30% of the Ft 181 billion subsidy.
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.