26 result(s) for subsidy in Business
Hungary Paid Ft 600bn Too Much For E.ON
- 14 Aug 2014 9:00 AM
- business
The government may have paid Ft 600 billion more than market value for the Hungarian operations of German energy giant E.ON last year, according to background studies obtained by website Átlátszó via a court order from the Kúria.
KDB Cancels Budapest Trolley Tender
- 14 Apr 2014 9:00 AM
- business
At the request of Skoda, the procurement arbitration court KDB has cancelled the trolley bus tender announced by the city of Budapest. The tender announcement for the purchase of 24 trolley buses specified emergency batteries only without extra diesel engines as an option. Competition for the tender was thus impacted negatively, the KDB found.
Technological Innovations In Hungary At Kaba’s Pet Food Factory
- 28 Nov 2013 8:00 AM
- business
Recently, the factory of Evonik Argoferm Zrt. at Kaba has gone through some innovations, including cost-efficiency, water and energy saving technology, and other environmentally sound improvements. Róbert Sápi, CEO, added that production capacity has also been expanded.
Hungary's State Development Agency Blacklists Subsidised Companies
- 28 Oct 2013 8:00 AM
- business
The state development agency NFÜ has announced a list of 2,493 companies that received subsidies but have failed to sign transparent ownership declarations after three calls to do so. The list was published on the NFÜ website over the weekend.
Savoury Flavourings Factory Opens In Makó, Hungary
- 4 Oct 2012 9:01 AM
- business
Production has begun at the new factory of Swiss flavourings and fragrance producer Givaudan in Makó, south Hungary. The company has invested Ft 39 billion to build a high-tech factory in a greenfield investment, its 33rd globally and first in Hungary, creating 300 jobs by 2013. Production capacity is projected to reach 40,000 tons annually. Managing director John Pares said they picked Makó ...
Sanyo Hungary Axes 300 Jobs At Solar Cell Plant
- 1 Aug 2012 9:00 AM
- business
Sanyo Hungary announced the elimination of 300 of the 1,100 jobs at its plant in Dorog, Komarom-Esztergom county as demand for the company's products abroad has shrunk. The layoffs will affect Sanyo’s Solar II plant, which produces solar cell panels, mainly for export.
Hungarian Chamber of Commerce & Industry Makes Chamber Membership Compulsory
- 24 Jan 2012 8:02 AM
- business
"The Hungarian Chamber of Commerce and Industry (MKIK) held an extraordinary meeting to approve the compulsory membership required by recent legislation. All companies, with the exception of agricultural businesses, must register with the MKIK and pay an annual membership fee of Ft 5,000.
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
Hungary Paid Ft 600bn Too Much For E.ON
- 14 Aug 2014 9:00 AM
- business
The government may have paid Ft 600 billion more than market value for the Hungarian operations of German energy giant E.ON last year, according to background studies obtained by website Átlátszó via a court order from the Kúria.
KDB Cancels Budapest Trolley Tender
- 14 Apr 2014 9:00 AM
- business
At the request of Skoda, the procurement arbitration court KDB has cancelled the trolley bus tender announced by the city of Budapest. The tender announcement for the purchase of 24 trolley buses specified emergency batteries only without extra diesel engines as an option. Competition for the tender was thus impacted negatively, the KDB found.
Technological Innovations In Hungary At Kaba’s Pet Food Factory
- 28 Nov 2013 8:00 AM
- business
Recently, the factory of Evonik Argoferm Zrt. at Kaba has gone through some innovations, including cost-efficiency, water and energy saving technology, and other environmentally sound improvements. Róbert Sápi, CEO, added that production capacity has also been expanded.
Hungary's State Development Agency Blacklists Subsidised Companies
- 28 Oct 2013 8:00 AM
- business
The state development agency NFÜ has announced a list of 2,493 companies that received subsidies but have failed to sign transparent ownership declarations after three calls to do so. The list was published on the NFÜ website over the weekend.
Savoury Flavourings Factory Opens In Makó, Hungary
- 4 Oct 2012 9:01 AM
- business
Production has begun at the new factory of Swiss flavourings and fragrance producer Givaudan in Makó, south Hungary. The company has invested Ft 39 billion to build a high-tech factory in a greenfield investment, its 33rd globally and first in Hungary, creating 300 jobs by 2013. Production capacity is projected to reach 40,000 tons annually. Managing director John Pares said they picked Makó ...
Sanyo Hungary Axes 300 Jobs At Solar Cell Plant
- 1 Aug 2012 9:00 AM
- business
Sanyo Hungary announced the elimination of 300 of the 1,100 jobs at its plant in Dorog, Komarom-Esztergom county as demand for the company's products abroad has shrunk. The layoffs will affect Sanyo’s Solar II plant, which produces solar cell panels, mainly for export.
Hungarian Chamber of Commerce & Industry Makes Chamber Membership Compulsory
- 24 Jan 2012 8:02 AM
- business
"The Hungarian Chamber of Commerce and Industry (MKIK) held an extraordinary meeting to approve the compulsory membership required by recent legislation. All companies, with the exception of agricultural businesses, must register with the MKIK and pay an annual membership fee of Ft 5,000.
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.