64 result(s) for fine in Business
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.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
FHB Share Price Collapses
- 9 Jun 2016 9:00 AM
- business
Shares in FHB Jelzálogbank plunged on Wednesday, falling by the daily 15% maximum in the first hour of trading after both Parliament and the central bank took action against the lender.
Norbi To Leave The Budapest Stock Exchange
- 1 Jun 2016 9:00 AM
- business
The majority owners of Norbi Update Lowcarb decided to delist their company shares from the Budapest Stock Exchange (BSE), chairman Norbert Schobert announced at the AGM of the nutrition supplement company on Tuesday.
Socialists: Budapest Prosecutor Probing Central Bank Spending
- 20 May 2016 9:00 AM
- business
The Budapest Municipal Prosecutor has started a monitoring procedure at six of the central bank’s foundations, deputy leader of the parliamentary group of the opposition Socialist Party said. Bertalan Tóth said his party had asked the prosecutor to investigate central bank spending as part of a six-point plan published at the end of April.
Tax On Online Ads May Come Next Year
- 5 May 2016 9:00 AM
- business
The 2017 tax bill submitted to Parliament yesterday contains the so-called Google tax, as the bill requires advertising platform operators to register and report advertisements in order to pay tax on them. Online advertisers must also report to the tax authority.
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.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Road Haulage Tracking And Electronic Tills Boost Govt Revenue By HUF 420BN
- 15 Jun 2016 9:00 AM
- business
The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office have raised the Hungarian state’s revenue by 420 billion forints (EUR 1.35bn) over two years, the economy ministry said. The road haulage tracking system and electronic tills have not only raised direct tax revenues, they have also boosted revenues from excise fees and fines.
FHB Share Price Collapses
- 9 Jun 2016 9:00 AM
- business
Shares in FHB Jelzálogbank plunged on Wednesday, falling by the daily 15% maximum in the first hour of trading after both Parliament and the central bank took action against the lender.
Norbi To Leave The Budapest Stock Exchange
- 1 Jun 2016 9:00 AM
- business
The majority owners of Norbi Update Lowcarb decided to delist their company shares from the Budapest Stock Exchange (BSE), chairman Norbert Schobert announced at the AGM of the nutrition supplement company on Tuesday.
Socialists: Budapest Prosecutor Probing Central Bank Spending
- 20 May 2016 9:00 AM
- business
The Budapest Municipal Prosecutor has started a monitoring procedure at six of the central bank’s foundations, deputy leader of the parliamentary group of the opposition Socialist Party said. Bertalan Tóth said his party had asked the prosecutor to investigate central bank spending as part of a six-point plan published at the end of April.
Tax On Online Ads May Come Next Year
- 5 May 2016 9:00 AM
- business
The 2017 tax bill submitted to Parliament yesterday contains the so-called Google tax, as the bill requires advertising platform operators to register and report advertisements in order to pay tax on them. Online advertisers must also report to the tax authority.