175 result(s) for tax sales
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Ft 2.5bn VAT Scam Uncovered In Hungary
- 15 Jul 2013 9:00 AM
- business
Tax officials have broken up a tax fraud scheme in which companies used false invoices to avoid paying Ft 2.5 billion worth of VAT, the Tax and Customs Office (NAV) announced on Friday. Financial detectives seized 16 luxury cars, 11 properties and €25,000 in cash and detained five people.
Car Dealers Fight For Survival As Market Shrinks In Hungary
- 20 Mar 2013 8:00 AM
- business
Declining car sales have devastated car dealerships in Hungary in recent years, according to a survey by PricewaterhouseCoopers (PwC). The average age of passenger cars in Hungary is 12.5 years, far above the EU average, Nepszabadsag adds.
Strategic Agreement Between Hungary & Tesco-Global Stores
- 20 Dec 2012 8:00 AM
- shopping
The agreement was signed by Minister of State at the Ministry for National Economy Zoltán Cséfalvay as representative of the Government and Chief Executive Officer Gerard Gray of Tesco-Global Stores Zrt.
French Bricostore To Close In Hungary
- 20 Nov 2012 8:00 AM
- shopping
French owned company Bricostore just made a 'strategic decision' to withdraw from the Hungarian market, due to recent poor sales and negative forecasts for the future. This pullout will potentially result in around 650+ employees losing their jobs at the Budapest HQ and at nine stores nationwide, including at least one Bricostore manager who told XpatLoop this news. Bricostore successfully ...
Hervis Turns To EU Court On Sectoral Tax In Hungary
- 7 Sep 2012 9:00 AM
- business
Sports retailer Hervis has turned to the European Court of Justice claiming that the special tax levied on retailers is discriminatory against foreign-owned businesses while providing unfair advantage to domestic companies. Thus the European Court of Justice has received its first such case from Hungary regarding the special tax from the Székesfehérvár court where Hervis filed its case, the ...
Czech Airlines The Big Autumn Campaign
- 29 Aug 2012 6:00 AM
- specials
For a limited time period Czech Airlines are offering some amazing offers, with prices starting from HUF 22 300 from Budapest to Prague, including taxes. As the oldest airline in Europe, they have provided services to passengers since 1923. Right up to the present, they have gained an enormous amount of experience and have grown into a modern airline, boasting a number of awards for the quality ...
Losses Mount For Home Improvement Market In Decline In Hungary
- 5 Jul 2012 9:00 AM
- shopping
The five largest home improvement chains in Hungary have lost 20% of their revenue in the past five years, according to data compiled by Napi Gazdasag. The combined revenues of OBI, Praktiker, BauMax, BricoStore and Bauhaus reached Ft 141 billion in 2008, but that figure has since fallen to Ft 115 billion by 2011.
Xpat Opinion: Hungary's OTP CEO Sándor Csányi Sells His Shares
- 24 Jul 2013 9:00 AM
- business
A liberal commentator speculates that Csányi is under pressure because he has accumulated too much power for the Prime Minister’s liking. He believes Csányi’ share sales are a warning, and the fight is not over yet.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Ft 2.5bn VAT Scam Uncovered In Hungary
- 15 Jul 2013 9:00 AM
- business
Tax officials have broken up a tax fraud scheme in which companies used false invoices to avoid paying Ft 2.5 billion worth of VAT, the Tax and Customs Office (NAV) announced on Friday. Financial detectives seized 16 luxury cars, 11 properties and €25,000 in cash and detained five people.
Car Dealers Fight For Survival As Market Shrinks In Hungary
- 20 Mar 2013 8:00 AM
- business
Declining car sales have devastated car dealerships in Hungary in recent years, according to a survey by PricewaterhouseCoopers (PwC). The average age of passenger cars in Hungary is 12.5 years, far above the EU average, Nepszabadsag adds.
Strategic Agreement Between Hungary & Tesco-Global Stores
- 20 Dec 2012 8:00 AM
- shopping
The agreement was signed by Minister of State at the Ministry for National Economy Zoltán Cséfalvay as representative of the Government and Chief Executive Officer Gerard Gray of Tesco-Global Stores Zrt.
French Bricostore To Close In Hungary
- 20 Nov 2012 8:00 AM
- shopping
French owned company Bricostore just made a 'strategic decision' to withdraw from the Hungarian market, due to recent poor sales and negative forecasts for the future. This pullout will potentially result in around 650+ employees losing their jobs at the Budapest HQ and at nine stores nationwide, including at least one Bricostore manager who told XpatLoop this news. Bricostore successfully ...
Hervis Turns To EU Court On Sectoral Tax In Hungary
- 7 Sep 2012 9:00 AM
- business
Sports retailer Hervis has turned to the European Court of Justice claiming that the special tax levied on retailers is discriminatory against foreign-owned businesses while providing unfair advantage to domestic companies. Thus the European Court of Justice has received its first such case from Hungary regarding the special tax from the Székesfehérvár court where Hervis filed its case, the ...
Czech Airlines The Big Autumn Campaign
- 29 Aug 2012 6:00 AM
- specials
For a limited time period Czech Airlines are offering some amazing offers, with prices starting from HUF 22 300 from Budapest to Prague, including taxes. As the oldest airline in Europe, they have provided services to passengers since 1923. Right up to the present, they have gained an enormous amount of experience and have grown into a modern airline, boasting a number of awards for the quality ...
Losses Mount For Home Improvement Market In Decline In Hungary
- 5 Jul 2012 9:00 AM
- shopping
The five largest home improvement chains in Hungary have lost 20% of their revenue in the past five years, according to data compiled by Napi Gazdasag. The combined revenues of OBI, Praktiker, BauMax, BricoStore and Bauhaus reached Ft 141 billion in 2008, but that figure has since fallen to Ft 115 billion by 2011.















