German engineering giant Bosch has wound up a HUF 1.6 billion project to establish a shared services centre at its power tools plant in Miskolc, Robert Bosch Power Tool Kft managing director László Fűkő said yesterday.
Hungary’s President János Áder had pardoned only two people by the end of June this year, while two years ago 24 and last year 22 individuals were pardoned through the whole year, according to a summary by the Ministry of Justice, Hungarian daily Magyar Hírlap.
An estimated 1,200 guests enjoyed the U.S. Embassy’s traditional Independence Day celebrations, held at the otherwise empty Ambassador’s Residence in the leafy outskirts of Buda’s District II one day early on July 3.
Hungary has issued yuan-denominated "panda" bonds, targeted at the domestic Chinese market, for the value of RMB 1 bln with three-year maturity and a 4.85% coupon, the Government Debt Management Agency (ÁKK) said today, Hungarian news agency MTI reported.
According to CEE Legal Matters, Lakatos, Koves and Partners (LKT) provided Hungarian law advice to Mid Europa Partners in relation to the IPO of Waberer’s International Nyrt. The legal specialist publication adds that White & Case acted as international legal advisor, and Shearman & Sterling and Kinstellar represented the mandated lead arrangers.