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hvg.hu English version

Film Studio Company Established

Korda Film Studio Kft. has been set up by Cyprus-registered Zanova Investments Ltd. as majority owner and Euroinvest Central European
consulting. One of Korda Film Studio Kft.’s two managing directors is László Krisán, head of Ka-Vosz Rt., owned by the
... Vajna, in Etyek, Demján’s home village west of Budapest. Company Court registry data now shows that the company managing
... established already. Korda Film Studio Kft. was registered with HUF 265 million in equity and its mailing address is the same as

hvg.hu English version

Hospitals Choose Corporate Status

The Budapest Mayor’s Office approved requests from two hospitals to transform into public benefit companies (Kht.), a status giving them
Following the example of Budapest-based Schöpf-Merei Hospital, which turned into a Kht. in December 2004, now Budai Pediatric Hospital
... Szolnoki told HVG, adding that the Kht. form is suitable for involving private investors. As a result of the change in
... anticipates that HUF 800 million will be invested into Schöpf-Merei in the near future. Likewise, private investors are expected to

hvg.hu English version

Hungexpo Privatization Nears End

Three bids have been submitted for the privatization of a majority stake in Hungexpo Rt., a state-owned trade fair and event organizing
be a member of the third bidding consortium. This third contender is lead by Germany’s ECE
... Out of six contenders, three consortia gave bids for Hungexpo by the Jan. 11 deadline, suggesting that the
... Budapest and Pécs. The group includes V.H.V. Kft., owned by György Vas, the owner of Mágnáskert Étterem

hvg.hu English version

Gov’t Hikes Electricity Prices

Electricity prices will increase between 4.3% and 12% as of Feb. 15, according to a government decision that aims to support the
Under heavy pressure from the Parliamentary group of the Hungarian Socialist Party (MSZP), the government
... price scheme that introduces special tariffs for the poor and hikes prices for corporate customers and well-to-do residential users.
... socially friendly tariffs and is not expected to burden the tight central budget. The resulting pricing regime includes

hvg.hu English version

State Pays For Bad Housing Loans

The Hungarian state will bail out debtors who have not paid their installments for at least six months on their housing loans taken
remaining loans will be paid by the state. However, only those debts will be covered by the
... Thus the government applies a state guarantee granted in 1992, and will pay OTP Bank Rt. for the bad loans. In a
... receive compensation for the due capital, interest and other fees. In 2005, the state will pay for bad loans with less

hvg.hu English version

Opposition Party In Large Makeover

Largest opposition party Fidesz has been losing ground since the unsuccessful referendum in December 2004. However, the
... as the governing parties suggest. While Fidesz leader Viktor Orbán is seen weakening, allegedly he is working hard in the
By the turn of 2004 and 2005 governing party MSZP has come close to Fidesz in popularity figures, however
... strengthen its support. The latest polls by Medián already show Fidesz gaining support again. Signs that Fidesz could be
... group, leaving MPs and their aides hurt. The trouble reached a quick end when the party’s presidium announced a new

hvg.hu English version

Chinese Imports Destroy Local Clothing Industry

Producers of branded goods for exports are the only local clothing manufacturers that can expect to survive the boom of
Salamander-group and now is owned by Austria’s Lorenz AG, exports all of the shoes it makes. Shoe Fashion Group posted HUF
... The EU is planning to introduce a preliminary monitoring system on Chinese shoe imports, similarly to clothing imports, after
... Organization (WTO) has put an end to the import quota system that was in place for almost 40 years. Importers will need to ask for a

hvg.hu English version

Hungary Mulls Road Tolls For Foreigners

Well ahead of the tourist season, the Finance Ministry plans to introduce road tolls for cars with foreign license plates
The costs of maintaining roads are paid by Hungarian taxpayers, while the number of foreign vehicles using
... be seen as an unfriendly move by a country that considers tourism as a strategic sector,” said Ákos Niklai, president of
... [owners of] these vehicles start contributing to the expenses,” Finance Ministry Spokesman Ferenc Pichler said. The

hvg.hu English version

Minister Keeps Party Job

On February 14, the beginning of the sessions at Parliament, István Hiller will resign from his post as Culture Minister
Hiller announced his move at the MSZP’s kick-off assembly for 2005, saying that he will be a full-time president focusing all his
... helping the MSZP win elections in 2006. He added that the current government has highest chances to be re-elected of all
... announced that 2005 will be devoted to preparation for the elections, and the MSZP headquarters starts to operate under a

hvg.hu English version

Interview With Finance Minister Tibor Draskovics

Tibor Draskovics (49) is not satisfied with the performance of his ministry. However, he believes spending can be curbed
VAT reclaims, and only paid the due sum after the National Tax Office (APEH) established that all the
... important to state that changes on import regulations have meant a HUF 250 billion temporary loss for the central budget. This sum is
... down public sector deficit by 1 percentage points. “Quite naturally, I am not satisfied yet, but we are on the right

hvg.hu non-base

EU Tells Hungary To Curb Deficit

The Hungarian government should return to the deficit-cutting program it submitted to the EU last May, said
measures to bring budget deficit under 3% of GDP by 2008, a condition of entering the euro zone in 2010. On
... The Finance Ministers’ warning reaffirmed the European Committee’s (EC) country report of Dec. 22, 2004, which predicted
... budget deficit in 2004 will be 0.9 percentage points higher than the government’s target at 4.6% of GDP. The EC said

hvg.hu English version

Minister Expects Record FDI

forecast will be matched by statistic figures, 2004 will be the second most successful year – after 1995 – in Hungary’s
...Economy and Transport Minister János Kóka estimates the amount of foreign direct investment (FDI) in Hungary to reach EUR 3.5 billion in
have to be approved by the European Committee. In 2004, the Hungarian government made tailor-made
... “We’ve got started,” said Kóka, commenting official FDI figures for the first three quarters of 2004. In Q1–Q3 2004 Hungary lured EUR
..., EUR 500 million more than a year earlier. For 2005, Kóka forecasted 20% increase in the amount of foreign capital invested in

MTI Világ

A Pentagon új hírszerző részleget hozott létre

Új hírszerzési részleget hozott létre az amerikai védelmi minisztérium, hogy csökkentse a Központi Hírszerző Ügynökségtől (CIA) való függőségét
honlapján közzétett állásfoglalásában. A The Washington Post úgy tudja, a hírszerző részleget források átcsopor-tosításával, a

hvg.hu English version

Minority Hungarians Form New Body

Under the name of “Forum for Minority Organizations of Hungarians Abroad”, a new body was formed by Hungarian political
The meeting was organized by József Kasza, minority leader of Hungarians in Serbia, and Béla Bugár, leader of Hungarians
... focused on the issue of dual citizenship that recently failed in a referendum in Hungary. Participants of the meeting
... representatives of the Hungarian Democratic Alliance of Romania, requested the Hungarian government to call for

hvg.hu non-base

PM Increases Consulting Staff

Prime Minister Ferenc Gyurcsány has further increased the number of consultants serving
Bélapátfalva, Northeast Hungary. In the meantime, it was revealed by a recent question from the opposition
... Following the establishment of six consulting bodies with a total of 54 members last November, Gyurcsány appointed Zsolt Érsek, Mayor
... his advisor on municipal issues. Érsek was one of the speakers calling supporting Gyurcsány’s nomination for PM at the

hvg.hu English version

EU To Form Uniform Rule On Car Registration Tax

In a draft proposal to go in front of the European Parliament, the European Committee (EC) plans to uniform
requires that amortization has to be accounted for the tax, and bans the practice followed by some countries
... Ten out of the 15 incumbent states, and four of the ten newly joined countries levy a registration tax on every car that
.... According to the EC members behind the draft proposal, such registration taxes distort the market and harm

hvg.hu non-base

Towns Vie For Cultural Capital Title

Eleven Hungarian cities have submitted applications for the title of Europe’s Cultural Capital in 2010. The potential
December 31st was the deadline for submitting the tenders for the title of Europe’s Cultural Capital, and
... – Kaposvár, Sopron, Győr, Székesfehérvár, Veszprém, Eger, Pécs, Debrecen, Kecskemét, Miskolc and Budapest – can be the winner
... EU will provide €200,000–€1 million for the winner, furthermore, the town that receives the title can hope

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444: Használhatatlan programot kényszerítettek rá a védőnőkre

444: Használhatatlan programot kényszerítettek rá a védőnőkre

Észtországból Oroszországba SUP-ozott egy francia férfi, két hónapra lecsukták

Észtországból Oroszországba SUP-ozott egy francia férfi, két hónapra lecsukták

Teljes átalakulás jöhet az Apple-nél

Teljes átalakulás jöhet az Apple-nél

Fél év után távozik is a hirado.hu Indextől igazolt főszerkesztője

Fél év után távozik is a hirado.hu Indextől igazolt főszerkesztője

Bukást bukásra halmozott Hosszú Katinka cégbirodalma

Bukást bukásra halmozott Hosszú Katinka cégbirodalma

A Szuverenitásvédelmi Hivatal képviseletét is ellátó ügyvédi iroda jegyezte be azt az alapítványt, amelyhez az elkobzott SZJA-százalékok kerülnének

A Szuverenitásvédelmi Hivatal képviseletét is ellátó ügyvédi iroda jegyezte be azt az alapítványt, amelyhez az elkobzott SZJA-százalékok kerülnének

Magyar Péter: A Fideszen és a kormányon belül is ellentét van

Magyar Péter: A Fideszen és a kormányon belül is ellentét van

Tóth Vera: „Nagyon sajnálom azokat, akik a tehetségkutatókba mennek”

Tóth Vera: „Nagyon sajnálom azokat, akik a tehetségkutatókba mennek”

Megtalálták a molekulát, amivel visszafordítható lehet az agy öregedése

Megtalálták a molekulát, amivel visszafordítható lehet az agy öregedése

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