• Continental To Build EUR 100 M Plant In Eastern Hungary

    Continental To Build EUR 100 M Plant In Eastern Hungary

    • 22 Feb 2018 8:02 AM

    German-owned car parts supplier Continental will build a 100 million euro 7,000 sqm parts plant in Debrecen, in eastern Hungary, Péter Szijjártó, the foreign affairs and trade minister, announced in Budapest on Wednesday.

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  • Economic Cooperation Signed With Sierra Leone

    Economic Cooperation Signed With Sierra Leone

    • 31 Jan 2018 8:18 AM

    Sierra Leone’s comprehensive economic strategy matches well with the Hungarian, making it a perfect target for successful investments, Foreign Minister Péter Szijjártó said in Budapest on Tuesday at a joint press conference with Kaifala Marah, his Sierra Leonean counterpart.

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  • Hungary Jobless Rate Reaches 3.8%

    Hungary Jobless Rate Reaches 3.8%

    • 31 Jan 2018 8:10 AM

    Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.

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  • Labour Shortage Drives Up Wages

    Labour Shortage Drives Up Wages

    • 30 Jan 2018 9:00 AM

    The average gross hourly wage of blue-collar workers was up 15% year-on-year in the fourth quarter to Ft 892, but for skilled workers, the annual rise was 21%, according to an analysis by recruitment agency Trendwalker.

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