36 result(s) for bankrupt in Business
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
Chinese Investor To Buy Rác Baths In Budapest
- 10 Aug 2016 9:00 AM
- business
Towercrest Group, a Beijing-based investor, is about to purchase Rác Nosztalgia, the owner of the Rác bath and hotel in the First District from the city of Budapest, business news site Napi reports.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
Court Rejects Registration Of Company Established To Take Over Zsolnay Operation
- 13 Jul 2016 9:00 AM
- business
A court in Kaposvár has rejected the registration of a company called Ledina Kerámia established by the local council of Pécs, in southern Hungary, to take over the operation of renowned porcelain maker Zsolnay if it goes under liquidation, a spokesperson for the court told MTI.
Hungarian Porcelain Maker Zsolnay Suspects Skulduggery
- 13 Feb 2016 7:00 AM
- business
Hungarian porcelain maker Zsolnay Porcelánmanufaktúra has reacted angrily to a government decree which declared the company of “elevated strategic importance” as defined by the bankruptcy act. They said the company is neither insolvent nor bankrupt, adding that they traced signs of “an intent for a hostile takeover” in recent weeks.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
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 ...
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.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
Chinese Investor To Buy Rác Baths In Budapest
- 10 Aug 2016 9:00 AM
- business
Towercrest Group, a Beijing-based investor, is about to purchase Rác Nosztalgia, the owner of the Rác bath and hotel in the First District from the city of Budapest, business news site Napi reports.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
Court Rejects Registration Of Company Established To Take Over Zsolnay Operation
- 13 Jul 2016 9:00 AM
- business
A court in Kaposvár has rejected the registration of a company called Ledina Kerámia established by the local council of Pécs, in southern Hungary, to take over the operation of renowned porcelain maker Zsolnay if it goes under liquidation, a spokesperson for the court told MTI.
Hungarian Porcelain Maker Zsolnay Suspects Skulduggery
- 13 Feb 2016 7:00 AM
- business
Hungarian porcelain maker Zsolnay Porcelánmanufaktúra has reacted angrily to a government decree which declared the company of “elevated strategic importance” as defined by the bankruptcy act. They said the company is neither insolvent nor bankrupt, adding that they traced signs of “an intent for a hostile takeover” in recent weeks.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
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 ...
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.