36 result(s) for origo in Business
Intesa Sanpaolo Banking Group Remains Faithful To Hungary By Restructuring CIB Bank
- 17 Dec 2013 8:00 AM
- business
The Italian Intesa Sanpaolo banking group stays committed to Hungary, despite its loss-making local subsidiary CIB Bank. Intesa, in a recent interview with Dow Jones news agency, said that it would continue to restructure CIB Bank until it becomes profitable again: “The reorganization has begun and will continue according to the changing market conditions and customer needs.”
Technological Innovations In Hungary At Kaba’s Pet Food Factory
- 28 Nov 2013 8:00 AM
- business
Recently, the factory of Evonik Argoferm Zrt. at Kaba has gone through some innovations, including cost-efficiency, water and energy saving technology, and other environmentally sound improvements. Róbert Sápi, CEO, added that production capacity has also been expanded.
Expanding Automotive Industry In Székesfehérvár, Hungary
- 25 Nov 2013 8:00 AM
- business
The Harman/Becker Automotive Systems Kft in Székesfehérvár has recently invested 3.047 billion forints in capacity expansion and has created 180 new job opportunities.
Mineral Water Plant At Margitsziget In Budapest
- 22 Nov 2013 8:00 AM
- business
Water Works of Budapest and Szentkirályi mineral water producer have agreed to jointly reopen the mineral water plant at Margitsziget. Both Water Works and Szentkirályi have signed a letter, stating the intention of both parties to collaboratively restart production of mineral water at Margitsziget.
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.
Hungarians Keep Savings In Piggy Banks
- 14 Nov 2013 10:45 AM
- business
An average Hungarian can save approximately 15,000 HUF each month, one in ten cannot save at all, and 29 per cent keep their money at home under the pillow or in their piggy banks.
Goodbye Volksbank, Hello Sberbank In Hungary
- 4 Nov 2013 8:00 AM
- business
Volksbank will be renamed Sberbank in Hungary as well. The reason for the change is that the Russian Sberbank acquired 100% of the former VBI (Volksbank International AG) and VB Hungary’s rebranding was scheduled for this year. “Volksbank Hungary will function as Sberbank Hungary from November 1”, reported the bank on its website. The bank also provided an explanation on the renamed and replaced ...
Alcohol Factory Opens At Szabadegyháza, Hungary
- 29 Oct 2013 8:00 AM
- business
The largest corn processing plant in EU, Hungrana Bioeconomy Ltd, has invested HUF 1 billion in the recently opened alcohol production factory in the small Hungarian village of Szabadegyháza.
Russia Is Open To Hungarian Businesses
- 29 Oct 2013 8:00 AM
- business
“There are great opportunities to further strengthen Russian-Hungarian economic relations as the recent projects that had been planned and launched together already have a value of $2 billion”, said commercial counsellor of the Russian Federation in Budapest, Leonid Surigin.
Intesa Sanpaolo Banking Group Remains Faithful To Hungary By Restructuring CIB Bank
- 17 Dec 2013 8:00 AM
- business
The Italian Intesa Sanpaolo banking group stays committed to Hungary, despite its loss-making local subsidiary CIB Bank. Intesa, in a recent interview with Dow Jones news agency, said that it would continue to restructure CIB Bank until it becomes profitable again: “The reorganization has begun and will continue according to the changing market conditions and customer needs.”
Technological Innovations In Hungary At Kaba’s Pet Food Factory
- 28 Nov 2013 8:00 AM
- business
Recently, the factory of Evonik Argoferm Zrt. at Kaba has gone through some innovations, including cost-efficiency, water and energy saving technology, and other environmentally sound improvements. Róbert Sápi, CEO, added that production capacity has also been expanded.
Expanding Automotive Industry In Székesfehérvár, Hungary
- 25 Nov 2013 8:00 AM
- business
The Harman/Becker Automotive Systems Kft in Székesfehérvár has recently invested 3.047 billion forints in capacity expansion and has created 180 new job opportunities.
Mineral Water Plant At Margitsziget In Budapest
- 22 Nov 2013 8:00 AM
- business
Water Works of Budapest and Szentkirályi mineral water producer have agreed to jointly reopen the mineral water plant at Margitsziget. Both Water Works and Szentkirályi have signed a letter, stating the intention of both parties to collaboratively restart production of mineral water at Margitsziget.
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.
Hungarians Keep Savings In Piggy Banks
- 14 Nov 2013 10:45 AM
- business
An average Hungarian can save approximately 15,000 HUF each month, one in ten cannot save at all, and 29 per cent keep their money at home under the pillow or in their piggy banks.
Goodbye Volksbank, Hello Sberbank In Hungary
- 4 Nov 2013 8:00 AM
- business
Volksbank will be renamed Sberbank in Hungary as well. The reason for the change is that the Russian Sberbank acquired 100% of the former VBI (Volksbank International AG) and VB Hungary’s rebranding was scheduled for this year. “Volksbank Hungary will function as Sberbank Hungary from November 1”, reported the bank on its website. The bank also provided an explanation on the renamed and replaced ...
Alcohol Factory Opens At Szabadegyháza, Hungary
- 29 Oct 2013 8:00 AM
- business
The largest corn processing plant in EU, Hungrana Bioeconomy Ltd, has invested HUF 1 billion in the recently opened alcohol production factory in the small Hungarian village of Szabadegyháza.
Russia Is Open To Hungarian Businesses
- 29 Oct 2013 8:00 AM
- business
“There are great opportunities to further strengthen Russian-Hungarian economic relations as the recent projects that had been planned and launched together already have a value of $2 billion”, said commercial counsellor of the Russian Federation in Budapest, Leonid Surigin.