526 result(s) for transaction
BRF: Hungarian Real Estate Market Demand Up 30% In Q1
- 25 Apr 2016 9:00 AM
- property
Demand in the Hungarian real estate market grew by 30% in the first quarter of the year as compared to the five-year average of first quarter’ lettings, reaching 84,410 sqm, or half of the record level registered in the last quarter of 2015, the Budapest Research Forum (BRF) said today in a market analysis.
Xpat Opinion: A Former Banker In The Panama Papers
- 7 Apr 2016 9:00 AM
- current affairs
Following two former politicians, a former prominent banker has also been named as one of the “Panamanian offshore knights.” An independent conservative pundit blames both left and right for talking the talk but not walking the walk on those who dodge tax with offshore accounts.
Half A Million Bank Accounts Wound Up Since Transaction Tax Introduced
- 24 Mar 2016 8:00 AM
- business
Over 520,000 retail bank accounts have been wound up since the introduction of the transaction tax in 2013, business daily Világgazdaság reported. Citing National Bank of Hungary data, the paper said that there were 9.32 million private individual bank accounts at the end of last year, the lowest number since the bank started tracking this kind of data in 2010.
Lacoste Opens Flagship Store On Fashion Street
- 23 Mar 2016 8:00 AM
- shopping
Lacoste opened its Hungarian flagship store on Budapest’s Fashion Street, owned by Immobilia Plc., after relocating to the new 120 sqm space with the assistance of real estate advisor Cushman and Wakefield (C&W), the advisor said today in a press release.
Spending By Bank Cards Up 27%
- 17 Mar 2016 11:00 AM
- shopping
Transactions by bank cards rose 12% to 112 million in the fourth quarter of 2015, reaching Ft 841 billion in value, a 27% annual increase, according to figures from the MNB. Contactless cards accounted for 38% of all transactions, a rise of 240% from the previous year, and for 24% of all spending, an increase of 280%.
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Hungarian Embroiled In High-Profile Offshore Network
- 23 Feb 2016 8:00 AM
- current affairs
A Hungarian businessman linked to an offshore company with ties to former Italian Prime Minister Silvio Berlusconi is currently facing criminal charges. The man is charged with fraud, following a decade long investigation exposing potential ties to a number of similar crime rings on an international scale.
Museum Of Fine Arts Budapest Loans Safe
- 16 Feb 2016 2:01 AM
- community & culture
The Museum of Fine Arts in Budapest currently has some 3,000 artworks on loan, more than half of which are lent to other museums or collections and the rest are with state bodies or on, in a few cases, with private companies, László Baán, the museum’s director, said.
Eston Sees Increased Demand On Office Market In 2015
- 9 Feb 2016 8:00 AM
- property
Eston signed leasing and ownership contracts on 540,000 sqm over the last year, setting a record with demand for more than 16% of the modern office spaces on the Budapest market, according to a report by Eston published.
BRF: Hungarian Real Estate Market Demand Up 30% In Q1
- 25 Apr 2016 9:00 AM
- property
Demand in the Hungarian real estate market grew by 30% in the first quarter of the year as compared to the five-year average of first quarter’ lettings, reaching 84,410 sqm, or half of the record level registered in the last quarter of 2015, the Budapest Research Forum (BRF) said today in a market analysis.
Xpat Opinion: A Former Banker In The Panama Papers
- 7 Apr 2016 9:00 AM
- current affairs
Following two former politicians, a former prominent banker has also been named as one of the “Panamanian offshore knights.” An independent conservative pundit blames both left and right for talking the talk but not walking the walk on those who dodge tax with offshore accounts.
Half A Million Bank Accounts Wound Up Since Transaction Tax Introduced
- 24 Mar 2016 8:00 AM
- business
Over 520,000 retail bank accounts have been wound up since the introduction of the transaction tax in 2013, business daily Világgazdaság reported. Citing National Bank of Hungary data, the paper said that there were 9.32 million private individual bank accounts at the end of last year, the lowest number since the bank started tracking this kind of data in 2010.
Lacoste Opens Flagship Store On Fashion Street
- 23 Mar 2016 8:00 AM
- shopping
Lacoste opened its Hungarian flagship store on Budapest’s Fashion Street, owned by Immobilia Plc., after relocating to the new 120 sqm space with the assistance of real estate advisor Cushman and Wakefield (C&W), the advisor said today in a press release.
Spending By Bank Cards Up 27%
- 17 Mar 2016 11:00 AM
- shopping
Transactions by bank cards rose 12% to 112 million in the fourth quarter of 2015, reaching Ft 841 billion in value, a 27% annual increase, according to figures from the MNB. Contactless cards accounted for 38% of all transactions, a rise of 240% from the previous year, and for 24% of all spending, an increase of 280%.
Hungary A Land Of Many Taxes
- 9 Mar 2016 8:00 AM
- business
Hungary has 60 forms of tax, most of which yield less than 1% of total tax revenue, the Jalsovszky law firm has found. VAT contributes more than 25% of budget revenue, personal income tax brings in 13.5% and the excise tax 7.8%, but most of the existing tax types contribute less than 1%.
Hungarian Embroiled In High-Profile Offshore Network
- 23 Feb 2016 8:00 AM
- current affairs
A Hungarian businessman linked to an offshore company with ties to former Italian Prime Minister Silvio Berlusconi is currently facing criminal charges. The man is charged with fraud, following a decade long investigation exposing potential ties to a number of similar crime rings on an international scale.
Museum Of Fine Arts Budapest Loans Safe
- 16 Feb 2016 2:01 AM
- community & culture
The Museum of Fine Arts in Budapest currently has some 3,000 artworks on loan, more than half of which are lent to other museums or collections and the rest are with state bodies or on, in a few cases, with private companies, László Baán, the museum’s director, said.
Eston Sees Increased Demand On Office Market In 2015
- 9 Feb 2016 8:00 AM
- property
Eston signed leasing and ownership contracts on 540,000 sqm over the last year, setting a record with demand for more than 16% of the modern office spaces on the Budapest market, according to a report by Eston published.