94 result(s) for bankrupt in Current Affairs
Hungarian Media Authority Takes Neo FM Off Air
- 21 Jun 2012 9:01 AM
- current affairs
The media authority NMHH yesterday withdrew the broadcasting rights of radio station Neo FM, although it has no right to do so, owner FM1 Kommunikációs said. The company sought bankruptcy protection on Tuesday, meaning that the NMHH has no rights to cancel its contract, FM1 argued.
LMP Suspects Fraud In Malev Hungarian Airlines Case
- 12 Apr 2012 9:01 AM
- current affairs
"LMP has filed a complaint to the police on the liquidation process of Malev, MP Gabor Scheiring announced. LMP suspects bankruptcy fraud, negligence and malpractice by the management and by the state body exercising ownership of the airline.
Former Head Of Baumag Sentenced To Prison In Hungary
- 13 Mar 2012 8:00 AM
- current affairs
"The Budapest Municipal Court yesterday sentenced László Balázs, the former head of investment co-operative Baumag, to seven years in prison, after finding him guilty of misuse of funds, fraudulent bankruptcy, illegal financial activities, investment fraud and violating accounting rules. Other suspects received suspended terms and fines.
Subcontractors On Strike In Debrecen, Hungary
- 9 Mar 2012 7:00 AM
- current affairs
"Arcadom, the main contractor for construction of a second tram line in Debrecen, has promised to pay its subcontractors, who plan to stage public protests on Monday, Tuesday and Wednesday of next week. Subcontractors waiting for a total of Ft 900 million have suspended work, saying they face bankruptcy.
Budapest Airport Announces Layoffs
- 16 Feb 2012 8:10 AM
- current affairs
"Budapest Airport will lay off 250 people and postpone a €60 million investment due to the loss of passenger traffic caused by the bankruptcy of state airline Malév, the airport operator announced yesterday.
Malév Grounding: Lay-Offs At Budapest Airport
- 15 Feb 2012 1:00 AM
- current affairs
"Budapest Airport has officially announced that the process of mass redundancy has been started at the airport in connection with the bankruptcy of Malév Hungarian Airlines. Budapest Airport has notified the relevant labor authorities and has called the unions to start consultations about the lay-offs.
Hungarian State May Have To Pay Ft 1,000bn Due To Malev Collapse
- 13 Feb 2012 8:10 AM
- current affairs
"The state may be obliged to pay up to Ft 1 trillion to Liszt Ferenc Airport operator Budapest Airport due to the collapse of Malev airlines, government accountability commissioner Gyula Budai declared last week. The Development Ministry said in a “White Book” published in December that the state’s liability in such a scenario would be Ft 450 billion.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Elaborate Excise Tax Scam Uncovered In Hungary
- 3 Jan 2012 8:00 AM
- current affairs
"Tax and Customs Office (NAV) agents have captured a gang which had been trafficking in oil products from Austria and Germany, in a nationwide operation. The group reportedly deprived the state of Ft 1 billion in revenue by circumventing tax regulations in one of the most well-organised excise tax crimes of recent years, Magyar Hirlap writes.
Hungarian Media Authority Takes Neo FM Off Air
- 21 Jun 2012 9:01 AM
- current affairs
The media authority NMHH yesterday withdrew the broadcasting rights of radio station Neo FM, although it has no right to do so, owner FM1 Kommunikációs said. The company sought bankruptcy protection on Tuesday, meaning that the NMHH has no rights to cancel its contract, FM1 argued.
LMP Suspects Fraud In Malev Hungarian Airlines Case
- 12 Apr 2012 9:01 AM
- current affairs
"LMP has filed a complaint to the police on the liquidation process of Malev, MP Gabor Scheiring announced. LMP suspects bankruptcy fraud, negligence and malpractice by the management and by the state body exercising ownership of the airline.
Former Head Of Baumag Sentenced To Prison In Hungary
- 13 Mar 2012 8:00 AM
- current affairs
"The Budapest Municipal Court yesterday sentenced László Balázs, the former head of investment co-operative Baumag, to seven years in prison, after finding him guilty of misuse of funds, fraudulent bankruptcy, illegal financial activities, investment fraud and violating accounting rules. Other suspects received suspended terms and fines.
Subcontractors On Strike In Debrecen, Hungary
- 9 Mar 2012 7:00 AM
- current affairs
"Arcadom, the main contractor for construction of a second tram line in Debrecen, has promised to pay its subcontractors, who plan to stage public protests on Monday, Tuesday and Wednesday of next week. Subcontractors waiting for a total of Ft 900 million have suspended work, saying they face bankruptcy.
Budapest Airport Announces Layoffs
- 16 Feb 2012 8:10 AM
- current affairs
"Budapest Airport will lay off 250 people and postpone a €60 million investment due to the loss of passenger traffic caused by the bankruptcy of state airline Malév, the airport operator announced yesterday.
Malév Grounding: Lay-Offs At Budapest Airport
- 15 Feb 2012 1:00 AM
- current affairs
"Budapest Airport has officially announced that the process of mass redundancy has been started at the airport in connection with the bankruptcy of Malév Hungarian Airlines. Budapest Airport has notified the relevant labor authorities and has called the unions to start consultations about the lay-offs.
Hungarian State May Have To Pay Ft 1,000bn Due To Malev Collapse
- 13 Feb 2012 8:10 AM
- current affairs
"The state may be obliged to pay up to Ft 1 trillion to Liszt Ferenc Airport operator Budapest Airport due to the collapse of Malev airlines, government accountability commissioner Gyula Budai declared last week. The Development Ministry said in a “White Book” published in December that the state’s liability in such a scenario would be Ft 450 billion.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Elaborate Excise Tax Scam Uncovered In Hungary
- 3 Jan 2012 8:00 AM
- current affairs
"Tax and Customs Office (NAV) agents have captured a gang which had been trafficking in oil products from Austria and Germany, in a nationwide operation. The group reportedly deprived the state of Ft 1 billion in revenue by circumventing tax regulations in one of the most well-organised excise tax crimes of recent years, Magyar Hirlap writes.