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• Economy

  Competitiveness Council weighs MKIKʼs proposals

  

  The National Competitiveness Council discussed proposals on strengthening competitiveness and improving foreign language instruction at a meeting on Tuesday, Minister of Finance Mihály Varga, who also sits on the Council, said at a press conference.   

   Wed, June 27, 2018, 13:45

  • competitiveness
  • council
  • proposal
  • varga
  • language
  • mkik
• Business

  Public offering of BILK shares begins Wednesday

  

  A public offering and private placement of shares of BILK Logistics, which owns one of the biggest logistics parks in Budapest, starts Wednesday, June 20, and runs until July 4, the issuer said on the website of the Budapest Stock Exchange (BÉT) Tuesday.

   Tue, June 19, 2018, 10:29

  • bilk
  • shares
  • public offering
  • budapest stock exchange
• Finance

  MKB Bank set to list shares on bourse in 2019

  

  MKB Bank plans to sell a stake of between 20% and 30% on the Budapest Stock Exchange (BÉT) next year to meet the terms of a European Union-sanctioned bailout, CEO Ádám Balog told news wire Bloomberg in an interview on Wednesday.   

   Thu, May 24, 2018, 14:09

  • mkb bank
  • shares
  • listing
  • budapest stock exchange
  • balog
  • meszaros
• Politics

  EC rule of law proposal threatens funding to Hungary

  

  The European Commission has unveiled a proposed mechanism to protect the EU budget from financial risks linked to "deficiencies regarding the rule of law" in member states. The mechanism would allow the EU to "suspend, reduce or restrict access" to EU funding "in a manner proportionate to the nature, gravity and scope of the rule of law deficiencies."

   Thu, May 3, 2018, 11:05

  • european commission
  • eu
  • rule of law
  • proposal
  • funding
  • juncker
• Whatson

  SwissCham AGM announced

  

  The Swiss-Hungarian Chamber of Commerce (SwissCham Hungary) will hold its annual general meeting on May 10 at 10.30 a.m. at the Unicredit Bank headquarters (1054 Budapest, Szabadság tér 5). 

   Thu, May 3, 2018, 09:00

  • SwissCham
  • Swiss-Hungarian chamber
  • AGM
  • annual meeting
• Economy

  Chamber, MNB submit economic policy proposals

  

  The Hungarian Chamber of Commerce and Industry (MKIK) and the National Bank of Hungary (MNB) have together produced a package of proposals for the government to consider when it drafts its new strategy for economic policy, daily Magyar Idők reported on Wednesday, cited by state news wire MTI.   

   Wed, Apr. 18, 2018, 11:42

  • mkik
  • mnb
  • central bank
  • economic policy
  • proposal
  • government
• Business

  Richter board proposes HUF 68 per-share dividend

  

  The board of drugmaker Gedeon Richter will propose to shareholders payment of a HUF 68 per-share dividend on last yearʼs earnings at an annual general meeting on April 25, the AGM agenda shows, as reported by national news agency MTI.  

   Fri, Mar. 23, 2018, 10:59

  • richter
  • dividend
  • board
  • agm
• Business

  MOL board proposes HUF 127.5 per-share dividend

  

  The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs earnings at an annual general meeting on April 12, MOL was cited as saying on Monday by state news wire MTI.   

   Tue, Mar. 13, 2018, 10:55

  • mol
  • board
  • dividend
  • earnings
  • agm
• Business

  MOL, OTP extend share swap agreement to 2022

  

  Hungarian oil and gas company MOL and OTP Bank have extended a share swap agreement initially concluded in 2009 until 2022, the parties disclosed after the market closed on Wednesday, Hungarian news agency MTI reported.

   Thu, June 29, 2017, 08:52

  • mol
  • otp
  • swap
  • agreement
  • shares
• Politics

  State secretary says draft cannabis bill ‘not normal’

  

  Árpád János Pótápi, state secretary for national policy at the Prime Minister’s Office, said that he is “far from agreeing” with the point of view of Liberal Party leader Gábor Fodor, who recently submitted a draft amendment proposal to legalize recreational and medical use of cannabis in Hungary, according to a report by online news portal 444.hu.

   Wed, May 17, 2017, 11:16

  • cannabis
  • marijuana
  • bill
  • proposal
  • amendment
  • legalization