Hungary-based real estate developer TriGránit has sold a majority stake in four of its Budapest buildings for some HUF 45 billion (EUR 148.12 m). The buyer is U.S.-based Heitman European Property that alreadyí bought Croatian assets from TriGranit.
Hungary-based real estate developer TriGránit has sold a majority stake in four of its Budapest buildings for some HUF 45 billion (EUR 148.12 m). The buyer is U.S.-based Heitman European Property that alreadyí bought Croatian assets from TriGranit.
Hungary's National Development Ministry and National Asset Management Agency (MNV) jointly announced that the the state has acquired controlling interest in the exchange-listed Hungarian automotive company Rába after a public tender.
The Business Class of Swiss Airlines has been awarded the title 'Best Business Class in Europe' at this year's World Travel Awards. Our travel expert, Tamás Varga took the Zurich-Chicago route to experience what this class has to offer.
As announced on Monday, the Hungarian unit of German carmaker Audi is to invest over HUF 2 billion (EUR 6.64 m) in a new vehicle development division in the northwestern Hungarian town of Gyõr. The new facility will create 70 jobs.
Golf is a great game: sometimes rewarding, sometimes frustrating but highly addictive. As the joke goes, “The man who takes up golf to get his mind off his work soon takes up work to get his mind off golf.”
Managing Director György Németh says Océ is actively involved in all operations related to printer equipment: from the design and manufacture through to sales and service, to providing business services with financing.
Hungaro DigiTel endeavours to create a win-win situation in customer relations, says the company's general manager, António Felizardo in a recent interview with Diplomacy and Trade in the shadow of huge satellite antennas.
The Hungarian government plans to impose a new tax on vehicle owners. The new 'accident tax’, 30% of the current compulsory vehicle liability insurance would be paid by the car owners but collected by the insurer. 'Chips tax' is to be raised.
The European Commission has found Hungary's surtax on the telecom sector in breach of EU regulations but the Hungarian government says it will not revoke the tax and is willing to defend it before the European Court of Justice if needed.
Erste Group would not invest resources earmarked for business development in Hungary. It will, however, ensure sufficient capital for capital adequacy and liquidity to its Hungarian unit, Erste Group chairman-CEO Andreas Treichl said.
The long-lasting decrease in Hungary’s construction output also continued in July. The production volume the construction sector declined by 0.8% month on month in July, according to seasonally adjusted figures.
RE project development ltd launched a campaign for the safety of people working in office buildings with the title ‘REvive’. The aim is to provide defibrillator for employees of tenants in office buildings and to give life-saving skills and practical experience as well.
Officers at the Hungarian Banking Association are not yet sure how to interpret Prime Minister Viktor Orbán's Wednesday morning statement that "splitting losses" will be a key priority task this fall, an official at the Association said.
Sunshine Garage requires little ground space but offers unrivalled technical safety and speed as well as safety of valuables - in congested cities or as a P+R facility. Also, it offers the quickest return on investment in the non-residential sector.
Hungarian Airlines Malév is to get a HUF 8.5 billion (EUR 31.17 m) capital injection from the state that is re-channeling this sum in the budget as an extraordinary government measure. The carrier already got an injection in June.
