252 result(s) for against hungary in Business
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
Hungarian Forint Passes 300 To Euro
- 29 Nov 2013 1:00 AM
- business
The forint passed the 300 rate against the euro on Friday morning, trading at 300.34, after 299.82 on Thursday evening. It traded at 301.14 early in the afternoon.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
Hungarian Government Determined To Protect MOL – PM Says
- 18 Oct 2013 9:00 AM
- business
“MOL is a flagship of the Hungarian economy, which we appreciate and protect if need be,” Hungarian Prime Minister Viktor Orbán said on October 15 laying the foundation stone of a new butadiene recovery plant of the TVK chemical company, which is a MOL subsidiary.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
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.
Hungary’s MOL Would Lose On Selling Its Stake In INA – Analyst Says
- 8 Oct 2013 1:00 AM
- business
The Metropolitan Court of Budapest has rejected to fulfill the European Arrest Warrant (EAW) that was issued against Zsolt Hernádi, executive chairman of MOL Oil and Gas Group, by a Croatian law-enforcement agency – the Budapest prosecution service and MOL have announced.
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.
Hungarian MOL Shareholder Sues CEO Hernádi
- 9 Dec 2013 8:00 AM
- business
MOL’s former top legal advisor has filed a lawsuit against chairman and CEO Zsolt Hernádi, alleging that the value of her MOL shares has suffered because of allegations that Hernádi bribed Croatian officials in order to obtain controlling rights over energy company INA.
Hungarian Forint Passes 300 To Euro
- 29 Nov 2013 1:00 AM
- business
The forint passed the 300 rate against the euro on Friday morning, trading at 300.34, after 299.82 on Thursday evening. It traded at 301.14 early in the afternoon.
Banks In Hungary To Pay 9.5 Billion Forint Fine For Cartel
- 21 Nov 2013 8:00 AM
- business
Hungary’s Competition Authority (GVH) has imposed a 9.5 billion forint fine on 11 commercial banks for the operation of an illegal collusion (cartel) during a repayment scheme for foreign currency mortgage-holders two years ago. According to the GVH, the banks cooperated and shared confidential business information between September 2011 and January 2012 to reduce the scale of mortgage repayments.
Hungarian Government Determined To Protect MOL – PM Says
- 18 Oct 2013 9:00 AM
- business
“MOL is a flagship of the Hungarian economy, which we appreciate and protect if need be,” Hungarian Prime Minister Viktor Orbán said on October 15 laying the foundation stone of a new butadiene recovery plant of the TVK chemical company, which is a MOL subsidiary.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
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.
Hungary’s MOL Would Lose On Selling Its Stake In INA – Analyst Says
- 8 Oct 2013 1:00 AM
- business
The Metropolitan Court of Budapest has rejected to fulfill the European Arrest Warrant (EAW) that was issued against Zsolt Hernádi, executive chairman of MOL Oil and Gas Group, by a Croatian law-enforcement agency – the Budapest prosecution service and MOL have announced.
Controversy Between Croatia And Hungarian Oil Group MOL Drags On
- 3 Oct 2013 1:00 AM
- business
It has yet to be seen whether the Hungarian government is ready to drop MOL’s executive chairman in its ongoing standoff with Croatia. It is too early to say if we are witnessing Croatia's efforts to find its feet or is it hardcore payola.
Xpat Opinion: IMF Credit For Hungary Not So Cheap After All?
- 12 Aug 2013 9:00 AM
- business
Heti Válasz argues that Hungary is actually not losing money by financing her deficit from the market, rather than from the IMF credit line.