89 result(s) for summer in Business
Sale Of Raiffeisen Bank In Hungary Expected Soon
- 7 Jan 2014 8:00 AM
- business
The board of directors of Raiffeisen Bank may decide on the sale of the Hungarian bank or some of its assets to Széchenyi Bank as early as today, Napi Gazdaság reports. The cabinet will address the question when it meets on Wednesday, as the state bought 49% of Széchenyi Bank last summer.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Details Of Talks Between Hungary’s MOL’s CEO & Sanader
- 10 Oct 2013 9:00 AM
- business
Hernadi has revealed details of the contacts between MOL and INA. The publisher of Heti Valasz will publish a book-size interview with Hernadi and Hernadi made a testimony for Croatian prosecutors in Budapest in February 2011. The text of his testimony is in Zagreb but it has not been used. Below we carry excerpts from both documents.
Audi Launches Production At Its New Plant In Győr, Hungary
- 13 Jun 2013 9:01 AM
- business
Production has started in the new, EUR 900 million Audi plant in Győr, Northwest Hungary. The inauguration ceremony was attended by Prime Minister Viktor Orbán, who stressed the role of the German car manufacturer in boosting Hungary’s importance as a regional automotive industry centre. The company’s CEO called the Győr plant one of the pillars of Audi’s growth.
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Xpat Opinion: Bosch In Budapest
- 9 Apr 2013 9:01 AM
- business
The Hungarian R&D center of Robert Bosch GmbH just began the second phase of its 60-million-euro construction project in District 10, Budapest. The district, connecting the city center with the airport, is home to a number of pharmaceutical firms, as well as large brown field development areas. The 40-million-euro first phase began a year and a half ago on the 50,000 m2 plot, and will make it ...
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
Hungarian Gov Concludes Strategic Partnership Agreement With Audi
- 27 Feb 2013 8:01 AM
- business
The Hungarian Government signed a strategic partnership agreement with Audi Hungaria Motor Ltd. today. The signing ceremony took place in Parliament with the participation of Prime Minister Viktor Orbán.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.
Sale Of Raiffeisen Bank In Hungary Expected Soon
- 7 Jan 2014 8:00 AM
- business
The board of directors of Raiffeisen Bank may decide on the sale of the Hungarian bank or some of its assets to Széchenyi Bank as early as today, Napi Gazdaság reports. The cabinet will address the question when it meets on Wednesday, as the state bought 49% of Széchenyi Bank last summer.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Details Of Talks Between Hungary’s MOL’s CEO & Sanader
- 10 Oct 2013 9:00 AM
- business
Hernadi has revealed details of the contacts between MOL and INA. The publisher of Heti Valasz will publish a book-size interview with Hernadi and Hernadi made a testimony for Croatian prosecutors in Budapest in February 2011. The text of his testimony is in Zagreb but it has not been used. Below we carry excerpts from both documents.
Audi Launches Production At Its New Plant In Győr, Hungary
- 13 Jun 2013 9:01 AM
- business
Production has started in the new, EUR 900 million Audi plant in Győr, Northwest Hungary. The inauguration ceremony was attended by Prime Minister Viktor Orbán, who stressed the role of the German car manufacturer in boosting Hungary’s importance as a regional automotive industry centre. The company’s CEO called the Győr plant one of the pillars of Audi’s growth.
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Xpat Opinion: Bosch In Budapest
- 9 Apr 2013 9:01 AM
- business
The Hungarian R&D center of Robert Bosch GmbH just began the second phase of its 60-million-euro construction project in District 10, Budapest. The district, connecting the city center with the airport, is home to a number of pharmaceutical firms, as well as large brown field development areas. The 40-million-euro first phase began a year and a half ago on the 50,000 m2 plot, and will make it ...
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
Hungarian Gov Concludes Strategic Partnership Agreement With Audi
- 27 Feb 2013 8:01 AM
- business
The Hungarian Government signed a strategic partnership agreement with Audi Hungaria Motor Ltd. today. The signing ceremony took place in Parliament with the participation of Prime Minister Viktor Orbán.
Hungary's Pécs Sells Zsolnay To New Investor
- 18 Feb 2013 8:00 AM
- business
The city of Pécs has sold its 74.5% stake in porcelain manufacturer Zsolnay to Swiss investor Bachar Najari for Ft 180 million, it was announced on Friday. Najari, a dealer in luxury watches who obtained a degree in Budapest in the 1980s, will pay the purchase price within five days. He agreed to invest a further Ft 500 million in Zsolnay by October 2014.