10 result(s) for watchdog in Business
Competition Watchdog Fines Two Firms Selling Vacation Rights
- 28 May 2018 9:09 AM
- http://www.hatc.hu
- business
The competition watchdog GVH has fined two companies selling vacation rights a combined Ft 41 million for unfair business practices.
TAO Contributions Have Diverted USD 1.23 Billion From Hungary’s State Treasury
- 13 Nov 2017 12:00 AM
- business
More than HUF 330 billion (USD 1.23 billion) of public funds have been diverted from the state treasury to the sports clubs under Hungary’s controversial TAO program since 2011, reports business/economics daily g7.hu.
Magyar Telekom To Challenge HUF 600 mln Fine
- 26 Jan 2017 11:40 AM
- business
Magyar Telekom, the Hungarian subsidiary of German telco Deutsche Telekom, announced that it will challenge a decision by the Hungarian Competition Authority (GVH) Thursday, in which the watchdog fined the service provider HUF 600 million, according to a press statement sent to the Budapest Business Journal.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...
Competition Watchdog Fines Two Firms Selling Vacation Rights
- 28 May 2018 9:09 AM
- http://www.hatc.hu
- business
The competition watchdog GVH has fined two companies selling vacation rights a combined Ft 41 million for unfair business practices.
TAO Contributions Have Diverted USD 1.23 Billion From Hungary’s State Treasury
- 13 Nov 2017 12:00 AM
- business
More than HUF 330 billion (USD 1.23 billion) of public funds have been diverted from the state treasury to the sports clubs under Hungary’s controversial TAO program since 2011, reports business/economics daily g7.hu.
Magyar Telekom To Challenge HUF 600 mln Fine
- 26 Jan 2017 11:40 AM
- business
Magyar Telekom, the Hungarian subsidiary of German telco Deutsche Telekom, announced that it will challenge a decision by the Hungarian Competition Authority (GVH) Thursday, in which the watchdog fined the service provider HUF 600 million, according to a press statement sent to the Budapest Business Journal.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
GVH Slaps Banks In Hungary With Record Fine
- 21 Nov 2013 8:00 AM
- business
The Competition Office (GVH) has fined 11 banks a total of Ft 9.5 billion – the largest penalty ever imposed in Hungary in a cartel case – after finding that the lenders colluded to obstruct access to forint loans for those taking part in the early debt repayment plan for foreign-currency mortgage debtors.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Credigen Bank Withdraws From Hungary
- 12 Apr 2010 3:00 AM
- business
"Credigen Bank, the Hungarian consumer finance unit of French Sofinco, has terminated its activities in Hungary. A major player on the local consumer loan market, it will complete collecting its outstanding debt and then withdraw from Hungary altogether, the bank confirmed to local news portal index.hu. It has contracts with such large retail chains as Tesco, Media Markt, Saturn and Extreme ...
Ringier-Axel Springer Merger Would Create Print Media King In Hungary
- 25 Mar 2010 10:58 AM
- business
"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal. Ringier AG and Axel Springer AG have announced on Wednesday that they will combine their operations in five Eastern European countries in a new company to be headquartered in Zurich, Switzerland. Each partner will hold 50% of ...