539 result(s) for who in Business
Investors Snap Up Masterplast Shares
- 4 Jun 2015 9:00 AM
- business
Masterplast’s main owners sold 400,000 shares in the building materials manufacturer and wholesaler at Ft 549 each at an auction on Wednesday. The price is 5.6% higher than the minimum price of Ft 520, and above Tuesday’s closing price of Ft 535. Concorde brokerage was the lead manger of the auction, which was three times oversubscribed.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Hungary’s Great Tokaj Wine Auction Tops € 100 000
- 8 May 2015 9:00 AM
- business
Bidders keen to procure their exclusive, limited Tokaji wine at the Confrérie de Tokaj’s third Great Tokaj Wine Auction on 25th April raised a final hammer price of € 100 415, continuing the upwards trend of the first two auctions (€ 67 500 in 2013, € 90 433 in 2014). An impressive three quarters of the lots were sold and several lots more than doubled. Lively bidding set Szepsy Winery’s Úrágya ...
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
EU, Hungary Economy Growing, Says Varga
- 27 Apr 2015 9:00 AM
- business
Hungary has successfully completed structural transformations in its jobs market and tax system, Economy Minister Mihály Varga said after a meeting of Ecofin in Riga. Varga said European Union ministers had reviewed economic progress in the bloc and of individual member states.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Investors Snap Up Masterplast Shares
- 4 Jun 2015 9:00 AM
- business
Masterplast’s main owners sold 400,000 shares in the building materials manufacturer and wholesaler at Ft 549 each at an auction on Wednesday. The price is 5.6% higher than the minimum price of Ft 520, and above Tuesday’s closing price of Ft 535. Concorde brokerage was the lead manger of the auction, which was three times oversubscribed.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Hungary’s Great Tokaj Wine Auction Tops € 100 000
- 8 May 2015 9:00 AM
- business
Bidders keen to procure their exclusive, limited Tokaji wine at the Confrérie de Tokaj’s third Great Tokaj Wine Auction on 25th April raised a final hammer price of € 100 415, continuing the upwards trend of the first two auctions (€ 67 500 in 2013, € 90 433 in 2014). An impressive three quarters of the lots were sold and several lots more than doubled. Lively bidding set Szepsy Winery’s Úrágya ...
Over 100,000 Hungarian Stuck With FX Loans
- 8 May 2015 9:00 AM
- business
An estimated 182,000 foreign-currency debtors can not pay back their loans, of whom 100,000 are not helped by the conversion of foreign-currency mortgage loans or other state assistance, MNB deputy governor Ádám Balog announced at a Thursday conference.
EU, Hungary Economy Growing, Says Varga
- 27 Apr 2015 9:00 AM
- business
Hungary has successfully completed structural transformations in its jobs market and tax system, Economy Minister Mihály Varga said after a meeting of Ecofin in Riga. Varga said European Union ministers had reviewed economic progress in the bloc and of individual member states.
Hungary Allocates Ft 1.8bn To Repay EU Funds
- 22 Apr 2015 9:00 AM
- business
The government is providing Ft 1.8 billion to 140 local authorities who have been ordered to repay EU funds after the European anti-fraud office OLAF found that the funds had been used illegally. The smallest bailout is Ft 4.2 million and the largest Ft 30 million, mostly concerning construction of playgrounds in 2008-09.
Gross Wages In Hungary Up 3.4% In February
- 22 Apr 2015 9:00 AM
- business
Average gross wages in Hungary rose by an annual 3.4% to 234,367 forints (778 euros) in February. Net wages rose at the same pace to 153,511 forints, the Central Statistical Office (KSH) said. Hungarians took home 12,446 forints in bonuses in February, on average, 9.5% more than in the same month a year earlier.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...