232 result(s) for set up in Business
NBH Keeps Base Rate On Hold, As Expected
- 1 Mar 2017 6:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in May.
Blackrock’s Budapest Innovation Centre To Create 500 Jobs
- 26 Jan 2017 6:50 AM
- business
US-based investment management company BlackRock is setting up an innovation centre in Budapest, creating 500 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said on Wednesday.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Budgetary Discipline Key To Restoring EU Competitiveness
- 29 Dec 2016 8:00 AM
- business
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Ghraoui Chocolate To Create 540 Jobs In Hatvan
- 20 Dec 2016 9:44 AM
- business
Sweets producer Ghraoui Chocolate will build a plant in central Hungary’s Hatvan, creating 540 new jobs, foreign minister announced at a press conference on Monday.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
China Has Invested More Than $3 Billion In Hungary – Building Of “Trans-Serbian” Express To Go Forward
- 14 Nov 2016 8:00 AM
- business
Hungary is China’s foremost trading partner in central and eastern Europe and trade ties between the two countries are steadily intensifying, Duan Jielong, China’s ambassador to Hungary, said at a trade forum in Budapest. China has invested over 5 billion dollars in the central and eastern European region, of which more than 3 billion dollars have been invested in Hungary, the ambassador told a ...
NBH Keeps Base Rate On Hold, As Expected
- 1 Mar 2017 6:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90% at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in May.
Blackrock’s Budapest Innovation Centre To Create 500 Jobs
- 26 Jan 2017 6:50 AM
- business
US-based investment management company BlackRock is setting up an innovation centre in Budapest, creating 500 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said on Wednesday.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Budgetary Discipline Key To Restoring EU Competitiveness
- 29 Dec 2016 8:00 AM
- business
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Ghraoui Chocolate To Create 540 Jobs In Hatvan
- 20 Dec 2016 9:44 AM
- business
Sweets producer Ghraoui Chocolate will build a plant in central Hungary’s Hatvan, creating 540 new jobs, foreign minister announced at a press conference on Monday.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
China Has Invested More Than $3 Billion In Hungary – Building Of “Trans-Serbian” Express To Go Forward
- 14 Nov 2016 8:00 AM
- business
Hungary is China’s foremost trading partner in central and eastern Europe and trade ties between the two countries are steadily intensifying, Duan Jielong, China’s ambassador to Hungary, said at a trade forum in Budapest. China has invested over 5 billion dollars in the central and eastern European region, of which more than 3 billion dollars have been invested in Hungary, the ambassador told a ...