The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option…
Tag: Capital
Foreign exchange rates affected by Ukraine war
The war in Ukraine creates uncertainty in the entire region. Scarcity and instability hasten inflation, which at this scale is capable to affect the global economy. These effects are most…
Safe investment when war is coming your way
When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind…
Sberbank liquidation and OBA deposit insurance
As a fallout of the current war between Ukraine and Russia, the Central Bank of Hungary (Magyar Nemzeti Bank or MNB) has recently announced that Sberbank Hungary will be liquidated.…
Subsidiaries and other forms of business in Hungary
A foreigner looking to start a company in Hungary can be perplexed by the many forms of business offered by the country. The most popular one is undoubtedly the Ltd…
Company modification in Hungary
Whenever the basic data of your Hungarian company are changed, the new data must be registered officially, so all those interested can access up-to-date information in the company registry.