34 result(s) for court decision in Business
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
Orbán: Govt Seeks Economic Agreements To Boost Competitiveness
- 14 Oct 2016 9:04 AM
- business
The government wants to create agreements with economic players in the interest of competitiveness, Prime Minister Viktor Orbán said in his regular interview to public radio. Hungary is a private economy, so the government can only improve competitiveness in agreement with economic players, Orbán said.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
Court Rejects Registration Of Company Established To Take Over Zsolnay Operation
- 13 Jul 2016 9:00 AM
- business
A court in Kaposvár has rejected the registration of a company called Ledina Kerámia established by the local council of Pécs, in southern Hungary, to take over the operation of renowned porcelain maker Zsolnay if it goes under liquidation, a spokesperson for the court told MTI.
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.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
EU Court Of Justice Hands Down Landmark Ruling In Casino Case
- 31 Mar 2016 9:00 AM
- business
The European Union Court of Justice has just handed down a landmark decision in a case pertaining to Hungary’s decision to deprive some 1,200 companies of their businesses, reports Hungarian news site 24.hu. The court’s decision has paved the way for the plaintiffs to sue the Hungarian state for enormous damages.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
Orbán: Govt Seeks Economic Agreements To Boost Competitiveness
- 14 Oct 2016 9:04 AM
- business
The government wants to create agreements with economic players in the interest of competitiveness, Prime Minister Viktor Orbán said in his regular interview to public radio. Hungary is a private economy, so the government can only improve competitiveness in agreement with economic players, Orbán said.
Court Rejects Zsolnay Liquidation Request
- 26 Jul 2016 9:00 AM
- business
A court in western Hungary has rejected a bailiff’s request to liquidate porcelain maker Zsolnay, the company’s counsel told MTI. The company was informed of the decision in a fax from the Zalaegerszeg court on Friday, Imre Bodnár said, confirming a report on the website of daily Népszabadság.
Court Rejects Registration Of Company Established To Take Over Zsolnay Operation
- 13 Jul 2016 9:00 AM
- business
A court in Kaposvár has rejected the registration of a company called Ledina Kerámia established by the local council of Pécs, in southern Hungary, to take over the operation of renowned porcelain maker Zsolnay if it goes under liquidation, a spokesperson for the court told MTI.
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.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
EU Court Of Justice Hands Down Landmark Ruling In Casino Case
- 31 Mar 2016 9:00 AM
- business
The European Union Court of Justice has just handed down a landmark decision in a case pertaining to Hungary’s decision to deprive some 1,200 companies of their businesses, reports Hungarian news site 24.hu. The court’s decision has paved the way for the plaintiffs to sue the Hungarian state for enormous damages.
Xpat Opinion: Government Cancels Its Telekom Contracts
- 21 Dec 2015 8:00 AM
- business
Left-wing commentators are outraged by the government’s decision to order ministries to terminate their mobile internet subscriptions with Telekom Hungary after the mainly German owned IT and telecommunication company scrapped its sponsorship contract with a singer whose statements on women “conflicted with the company’s values.”