57 result(s) for spring in Business
Budapest Paid 19 Percent More For Refurbished Subway Cars Than Russia Did For New Ones
- 9 Nov 2017 7:40 AM
- business
Index.hu reports that Budapest signed a contract with Russian engineering firm Metrowagonmash in 2015 worth HUF 69 billion (USD 256.5 million) for 222 refurbished metro cars, an average price of HUF 308.9 million per car. The cars had been running on the badly deteriorated M3 metro line for 40 years before being renovated.
German Firms In Hungary Increasingly Optimistic
- 2 Nov 2017 7:58 AM
- business
German companies operating in Hungary continue to feel satisfied and optimistic about their business, a recent survey by the German-Hungarian Chamber of Industry and Commerce (DUIHK) shows. In almost all answers, managers were even more optimistic than the already very good results of the chamberʼs survey published in April.
Hungarian Central Bank Policy Makers Keep Base Rate On Hold But Take ‘Unconventional’ Easing Measures
- 21 Sep 2017 3:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, but took a number of other measures to ease monetary conditions in light of lower than expected inflation.
HUF 1,000 Bill Will Be Upgraded To Enhance Security
- 24 Aug 2017 10:30 AM
- business
The National Bank of Hungary is upgrading the 1,000 forint (EUR 3.3) bill with enhanced security features, the issuer said. The new banknote will become legal tender from Thursday, but will not enter into circulation until next March, allowing sufficient time to prepare for the switchover.
Central Bank Keeps Base Rate On Hold, As Expected
- 23 Aug 2017 9:00 AM
- business
The central bank’s Monetary Council decided to keep the bank’s key rate on hold at 0.90% at a meeting, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in the spring of 2016.
Construction Work On Self-Driving Vehicle Test Track To Start In May
- 13 Apr 2017 4:00 AM
- business
Construction work on a 40 billion forint (EUR 130m) test track for self-driving cars the government is building in Zalaegerszeg (W Hungary) will start in May, Foreign Minister Péter Szijjártó said.
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Budapest Paid 19 Percent More For Refurbished Subway Cars Than Russia Did For New Ones
- 9 Nov 2017 7:40 AM
- business
Index.hu reports that Budapest signed a contract with Russian engineering firm Metrowagonmash in 2015 worth HUF 69 billion (USD 256.5 million) for 222 refurbished metro cars, an average price of HUF 308.9 million per car. The cars had been running on the badly deteriorated M3 metro line for 40 years before being renovated.
German Firms In Hungary Increasingly Optimistic
- 2 Nov 2017 7:58 AM
- business
German companies operating in Hungary continue to feel satisfied and optimistic about their business, a recent survey by the German-Hungarian Chamber of Industry and Commerce (DUIHK) shows. In almost all answers, managers were even more optimistic than the already very good results of the chamberʼs survey published in April.
Hungarian Central Bank Policy Makers Keep Base Rate On Hold But Take ‘Unconventional’ Easing Measures
- 21 Sep 2017 3:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, but took a number of other measures to ease monetary conditions in light of lower than expected inflation.
HUF 1,000 Bill Will Be Upgraded To Enhance Security
- 24 Aug 2017 10:30 AM
- business
The National Bank of Hungary is upgrading the 1,000 forint (EUR 3.3) bill with enhanced security features, the issuer said. The new banknote will become legal tender from Thursday, but will not enter into circulation until next March, allowing sufficient time to prepare for the switchover.
Central Bank Keeps Base Rate On Hold, As Expected
- 23 Aug 2017 9:00 AM
- business
The central bank’s Monetary Council decided to keep the bank’s key rate on hold at 0.90% at a meeting, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting in the spring of 2016.
Construction Work On Self-Driving Vehicle Test Track To Start In May
- 13 Apr 2017 4:00 AM
- business
Construction work on a 40 billion forint (EUR 130m) test track for self-driving cars the government is building in Zalaegerszeg (W Hungary) will start in May, Foreign Minister Péter Szijjártó said.
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.