William Penn Life, 2008 (43. évfolyam, 1-12. szám)

2008-10-01 / 10. szám

Magyar Matters Survey: Corruption remains a major challenge for Hungarian businesses from The Budapest Sun Hungary will continue to face huge challenges due to widespread corrup­tion, experts at Ernst & Young state in the company's annual global survey on corruption. The analysis, prepared for the 10th time this year, surveyed senior managers of major companies (finan­cial, risk management, legal and internal audit executives) on their views and notions about corruption in the business environment they operate in. The questions were focused on the practice of corruption and the role of the state in tackling the issue. "Based both on the findings of the survey and our everyday expertise, we can assess that Hungary is a medium-corrupt country, slowly losing its position during the last five years compared to Central and Eastern European countries," Ernst & Young Fraud Investigation and Dispute Services manager Márton Pados told The Budapest Sun. from The Budapest Sun BUDAPEST — Alba Airport, a new airport project located 60 kilometers southwest of Budapest, has received building permits from the govern­ment, clearing the way for construc­tion to start on the $121.8 million project. The developers say that it is slated to open for international air traffic in the first half of 2010, and thereafter will provide competition to Ferihegy, Budapest's only international airport. Alba Airport will cater primarily to low cost, charter and other airlines serving European point-to-point destinations, offering an alternative to Ferihegy for tourists flying in and out of Hungary. Owned by Biggeorge's-NV Zrt. and the local municipalities of Aba and The most important change in recent years, according to Pados, was the increase of reviews and investiga­tion of corrupt business practices. Pados noted that, while most people imagine corruption as a financial transaction between two or more parties, recent years saw the emer­gence of a more sophisticated model, involving the use of a chain of subcontractors to disguise payments, or incentive trips and other allow­ances. When asked about their own companies, slightly more than half of the surveyed Hungarian companies said they complied with all statutory requirements concerning corruption. While corruption cases continue to pop up from time to time in the local media, only a very few of them are brought to court. This strengthens the notion that no matter how efficient authorities are in denouncing corrup­tion cases, the consequences are usually not serious enough to be a deterrent. Székesfehérvár, the developer says Alba stands out from a number of airport projects under way in Hun­gary due to its ideal location that offers what they say is a 35-to-50- minute drive to Budapest, and fast access to western Hungary and Lake Balaton. Biggeorge's says it expects that passenger traffic generated by low cost, charter and other airlines serving European point-to-point destinations will be sufficient to operate the new airport profitably. Biggeorge's-NV Zrt. plans to develop a business and industrial park on a 270-acre area next to the airport. The airport will lie eight kilometers away from Székesfehérvár and 40 kilometers from Lake Balaton. In Brief AHF Museum to exhibit works of noted sculptor NEW BRUNSWICK, NJ - An exhibition of the works of New Jersey-based sculptor Gyuri Hollósy will open this month at the Museum of the American Hungarian Foundation. The exhibit, entitled “Hollósy: 40 Year Sculpture Retrospective with Paintings and Drawings,” will run from Oct 5 to March 22, 2009. Hollósy’s work reflects his fascina­tion with Medieval armor. This influence led him to develop a new sculptural approach resulting in elegantly abstracted yet recogniz­able figures composed of thin, overlapping pieces of cast metal. For more information about the exhibit, call the Foundation at 732-846-5777 or send an email to info@ahfoundation.org. Cleveland area church to sponsor Szüreti Bál FAIRPORT HARBOR, OH - The Hungarian Reformed Church in Fairport Harbor will sponsor a Szüreti Bál (Grape Harvest Dance) on Sunday, Oct. 12, from noon to 6:00 p.m. at the Lake Metroparks Painesville Township Community Hall, 1025 Hardy Road, Painesville-On-The-Lake, Ohio. The event will feature Hungarian foods, dancing to the music of Roy & the Hungarians Band, perfor­mances by the Csardas Dance Company and the Youth Ensemble of Cleveland and door prizes. Tickets are $6 for adults, $5 for seniors and $3 for teens. Children 12 and under are free. For tickets call 440-352-3048, or 440-639- 8372 or 440-357-5203. New international airport to begin serving Budapest area in 2010 William Penn Life, October 2008 13

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