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  • noun

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the basic unit of money in Hungary

References in periodicals archive ?
In the third quarter, similarly to the second quarter, the downstream business remained the main contributor to MOL's results, adding 147 billion forints to EBITDA alone on high refining margins.
This measure alone will put at least 43 billion forints into government coffers, as the state will assume 612 billion forints worth of debt, much of it denominated in foreign currency, from municipalities.
Malev CEO Lorant Limburger said in a statement that the airline's suppliers had lost confidence and begun demanding advance payments adding that: "The situation has become unsustainable," The Hungarian government could no longer provide cash injections to help the airline, following a European Commission ruling on January 9 that state aid given to Malev between 2007 and 2010 was unlawful The 38 billions forints (US$171.5 million) that the airline was ordered to pay back was equivalent to its revenue in 2010.
The EU competition watchdog has demanded Hungarian flag-carrier airline Malev hand back tens of millions of euros and tens of billions of forints in illegally paid state aid.
Under the bill, which was instituted to make Hungarians healthier, energy drinks will be taxed 300 ($1.63) forints per liter, salted snacks 400 per kilogram, ice cream 100 per kilogram, instant soup 500 per kilogram and candy 200 forint per kilogram.
Australia 1.54 dollars Bangladesh 105.14 taka Brazil 2.37 reals Canada 1.53 dollars China 9.46 yuan Czech Republic 25.85 korunas Denmark 8.14 krone Euro 1.10 euro Hong Kong 11.68 dollars Hungary 281.65 forints India 62.49 rupees Japan 123.73 yen Mexico 17.67 pesos New Zealand 1.97 dollars Norway 8.90 krone Pakistan 128.81 rupees Philippines 59.35 pesos South Africa 10.21 rand South Korea 1565.00 won Sri Lanka 167.49 rupees Sweden 10.15 krona Switzerland 1.46 francs Taiwan 42.94 dollars Turkey 2.12 new lira USA 1.51 dollars (Rates for indication purposes only)
"Letting it cool off too much would have caused damages worth billions of forints."
In 2002, MOL posted net profit of Euro 271.7 million (66.3 billion Forints) for turnover of Euro 4.7 billion (1.159 billion Forints).
CE Oil and Gas, which already controlled 16% of BorsodChem, has indicated that it acquired a further 43% of shares in the Hungarian operator for 5,300 forints (Euro 21.115) per share, adding up to a total payment of 27.89 billion forints (Euro 111 million).
Hungary announced on July 10 its intention to seek 29.37 billion Forints (Euro 113 million) in damages from an Australian mining company responsible, last January, for polluting the Danube basin with cyanide.
In Hungary, heavyweight telecoms group Matav, which has been sold recently by foreign investors due to the bearish international trend of technology and telecoms shares, was hit hard - losing 83 forints over the week to close at 1,937 forints on Thursday.