180 result(s) for funding in Business
Furniture Manufacturing Group Ada To Expand Its Hungarian Production Capacity
- 15 Jan 2018 9:00 AM
- business
“Austrian-owned furniture manufacturing group Ada is expanding its Hungarian production capacity with an investment of 5.2 billion forints (EUR 16.8 million), towards which the Hungarian Government is providing one billion forints in non-returnable funding, 20 percent of the total cost of the project”, Minister of Foreign Affairs and Trade Péter Szijjártó announced.
Hungary’s Uptake Of EU Funds Above Bloc’s Average
- 10 Jan 2018 7:58 AM
- business
The uptake of European Union funding is proceeding at a fast pace and payouts in Hungary have exceeded the EU average, a government official said.
Hungarian AI Car Project Receives Significant Investment
- 8 Jan 2018 7:57 AM
- business
AImotive, a self-driving technology startup headquartered in Budapest, has announced the closing of a USD 38 million/EUR 32 mln Series C funding round, its third injection of investment capital from outside sources. The car testing has already begun in Budapest.
Ministry Confirms HUF 1,418.2bn Deficit At End-Oct
- 22 Nov 2017 7:44 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran a 1,418.2 billion forint (EUR 4.5bn) deficit at the end of October, the Economy Ministry confirmed in a second reading of data released Tuesday. The deficit reached 121.6 percent of the 1,166.4 billion forint full-year target. In the month of October alone, the shortfall amounted to 181.9 billion forints.
Hungary Q3 GDP Growth Accelerates To 3.6 Pc
- 15 Nov 2017 9:00 AM
- business
Hungary’s economy grew by an annual 3.6 percent in the third quarter, the Central Statistical Office (KSH) said in a first reading of data on Tuesday.
Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
- 10 Oct 2017 8:46 AM
- business
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year.
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Univer Product Inaugurates EUR 14m Plant
- 24 Aug 2017 8:50 AM
- business
Hungarian condiments maker Univer Product (Kecskemét, C Hungary) has inaugurated a 4.3 billion forints (EUR 14m) tomato processing plant, the biggest of its kind in central Europe, on Thursday. Hungary’s government awarded the company a 2.1 billion forint grant for the project, Economy Minister Mihály Varga said at the ceremony.
Furniture Manufacturing Group Ada To Expand Its Hungarian Production Capacity
- 15 Jan 2018 9:00 AM
- business
“Austrian-owned furniture manufacturing group Ada is expanding its Hungarian production capacity with an investment of 5.2 billion forints (EUR 16.8 million), towards which the Hungarian Government is providing one billion forints in non-returnable funding, 20 percent of the total cost of the project”, Minister of Foreign Affairs and Trade Péter Szijjártó announced.
Hungary’s Uptake Of EU Funds Above Bloc’s Average
- 10 Jan 2018 7:58 AM
- business
The uptake of European Union funding is proceeding at a fast pace and payouts in Hungary have exceeded the EU average, a government official said.
Hungarian AI Car Project Receives Significant Investment
- 8 Jan 2018 7:57 AM
- business
AImotive, a self-driving technology startup headquartered in Budapest, has announced the closing of a USD 38 million/EUR 32 mln Series C funding round, its third injection of investment capital from outside sources. The car testing has already begun in Budapest.
Ministry Confirms HUF 1,418.2bn Deficit At End-Oct
- 22 Nov 2017 7:44 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran a 1,418.2 billion forint (EUR 4.5bn) deficit at the end of October, the Economy Ministry confirmed in a second reading of data released Tuesday. The deficit reached 121.6 percent of the 1,166.4 billion forint full-year target. In the month of October alone, the shortfall amounted to 181.9 billion forints.
Hungary Q3 GDP Growth Accelerates To 3.6 Pc
- 15 Nov 2017 9:00 AM
- business
Hungary’s economy grew by an annual 3.6 percent in the third quarter, the Central Statistical Office (KSH) said in a first reading of data on Tuesday.
Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
- 10 Oct 2017 8:46 AM
- business
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year.
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Univer Product Inaugurates EUR 14m Plant
- 24 Aug 2017 8:50 AM
- business
Hungarian condiments maker Univer Product (Kecskemét, C Hungary) has inaugurated a 4.3 billion forints (EUR 14m) tomato processing plant, the biggest of its kind in central Europe, on Thursday. Hungary’s government awarded the company a 2.1 billion forint grant for the project, Economy Minister Mihály Varga said at the ceremony.