Telecommunications and IT company Nokia announced the creation of a new IT competence center in Budapest, meaning that some 120 new positions will be created within the framework of the expansion, according to a press release. More >>
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Szijjártó: Investments At Record High In Hungary In 2019
- 13 Nov 2019 7:09 AM
Investments in the Hungarian economy have reached a record high, the minister of foreign affairs and trade told parliament’s economic committee.
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Hungarian Space Tech Firm CEO Wins EY ʼEntrepreneur Of Yearʼ
- 13 Nov 2019 6:10 AM
Gyula Horváth, founder and CEO of space tech firm C3S Elektronikai Fejlesztő Kft. has won the grand prize at the Hungarian round of the EY "Entrepreneur of the Year" awards, meaning that he will represent Hungary at the global version of the event in Monaco, according to a press release.
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Most Guest Workers In Hungary Are From Ukraine, Serbia & China
- 6 Nov 2019 7:32 AM
Most guest workers in Hungary are from Ukraine, with almost 44,000 in possession of a work permit at the end of September, according to Világgazdaság business daily.
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Hungary Unemployment Rate 3.5%
- 30 Oct 2019 7:24 AM
Hungary’s three-month rolling average jobless rate stood at 3.5% in September, the Central Statistical Office (KSH) said. The rate edged up from 3.4% in the previous month, but was down from 3.8% twelve months earlier.
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Hungary Moves Up To 52nd In World Bank Ease Of Doing Business Ranking
- 25 Oct 2019 8:12 AM
Hungary has moved up one place to 52nd in the World Bank’s latest annual ease of doing business ranking.
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Hungary Can Tap New Infrastructure To Buy LNG From Qatar From Jan 2021
- 24 Oct 2019 11:43 AM
Following completion of Croatia’s construction of a Liquefied Natural Gas terminal in January 2021, Hungary will be able to purchase LNG from Qatar, Péter Szijjártó, the minister for foreign affairs and trade, said.
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