AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

APV to Pay HUF 44bn in Privatisation Income into Budget.

Europe Intelligence Wire

| December 23, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, December 23 (MTI ECONEWS) - The State Privatisation and Holding APV Rt will pay HUF 44.3bn into the central budget from the proceeds of privatisation transactions this year, APV deputy CEO Akos Macher announced at a press conference on Tuesday.

APV expects to end 2003 with revenues of HUF 163bn and expenditures of HUF 119bn. Around HUF 135.6bn will come from privatisation revenue and dividends will bring in another HUF 14bn, well over the HUF 8bn target.

This year's revenue target was HUF 200bn, however, several planned privatisation transactions have been postponed.

The planned transactions which have not been materialised are not put off, APV CEO Miklos Kamaras said. The transactions delayed include the privatisation of Mol, Antenna Hungaria, national textbook publisher Nemzeti Tankonyvkiado, Tokol Airport and the headquarters of ...

Related articles from newspapers, magazines, journals, and more
APV plans HUF 334 billion revenues in 2004, but cites uncertainty.
Newspaper article from: Hungary Business News December 23, 2003 700+ words
APV plans HUF 334 billion revenues in 2004, but...privatization agency APV plans to achieve HUF 333.9 billion in revenues in 2004, and to pay HUF 143.2 billion into the state budget, deputy CEO Akos Macher said at a news conference Tuesday...
Privatization agency APV expects portfolio companies to report combined HUF 22...
Newspaper article from: Hungary Business News December 6, 2002 700+ words
...companies to report combined HUF 22 billion loss Budapest. December...to report combined losses of HUF 22 billion (USD 93 million) this year, APV deputy CEO Akos Macher told reporters on Friday. Of...report profits in the value of HUF 33 billion, while 19 will be...
Privatization agency plans to sell 71 companies in 2004, proceeds to total HUF...
Newspaper article from: Hungary Business News April 16, 2004 700+ words
...in 2004, proceeds to total HUF 242 billion Budapest. April...86 this year, APV deputy CEO Akos Macher announced Friday. The privatization...expects to record revenues of HUF 377.8 billion this year, of which HUF 242.6 billion will come from...
Hungary Business Report Daily.
Newspaper article from: Hungary Business Report Daily December 23, 2003 700+ words
HEADLINE NEWS APV plans HUF 334 billion revenues in 2004...privatization agency APV plans to achieve HUF 333.9 billion in revenues in 2004, and to pay HUF 143.2 billion into the state budget, deputy CEO Akos Macher said at a news conference Tuesday...
MOL shareholders give board green light for closed placement of new shares.
Newspaper article from: Hungary Business News October 11, 2002 700+ words
...shareholders' equity of at least HUF 100 billion (USD 400 million...of shares with face value of HUF 1001. Currently, MOL's...share" have a face value of HUF 1000. In the case of a private...Simoka. Former board member Akos Macher stepped down, and shareholders...
Hungarian press review, 27/07/2006 - Government & Economy.
Newspaper article from: Hungary Business News July 27, 2006 700+ words
...some press reports have tipped Akos Macher, a long-time APV insider...authority APEH levied fines totaling HUF 87 bln in the first half of...revealed tax arrears totaling HUF 158 bln, 35% more than in...Kft") will be reduced from HUF 3 mln to just HUF 1,000...
Raba announces HUF 2.4 billion cost-cutting program, expects operating profit...
Newspaper article from: Hungary Business News July 3, 2003 700+ words
Raba announces HUF 2.4 billion cost-cutting program, expects operating...said Pinter. Overall, the company expects revenues of HUF 33.838 billion this year, down from HUF 39.4 billion in 2002. The Raba Axle subsidiary is expected...
Raba posts HUF 2.477 billion loss in 2002, worse than expectations - complete.
Newspaper article from: Hungary Business News February 14, 2003 700+ words
Raba posts HUF 2.477 billion loss in 2002, worse than expectations...Engineering group Raba recorded a consolidated net loss of HUF 2.477 billion (USD 9.6 million) in 2002, reversing a HUF 1.8 billion profit in the previous year. The loss...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA