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The high number and volume of investments in Hungary requires the involvement of foreign guest workers on a temporary basis given the tight local labour market, the state secretary for employment policy at the ministry of economic development said.
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Systemic corruption in Hungary would hobble growth and keep investors away, Péter Szijjártó, the minister of foreign affairs and trade, said on CNN’s Quest Means Business programme.
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Economy Development Minister Márton Nagy filed an amendment to the Postal Service Act that will reduce the range of services provided by Magyar Posta.
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The proportion of German companies in Hungary that would again invest in Hungary has fallen to 79% from 88% a year earlier, according to a survey conducted by the German-Hungarian Chamber of Industry and Commerce.
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Hungarian noodle maker Gyermelyi inaugurated a HUF 1.4 billion expansion at its egg farm in Máriahalom (30 km northwest of Budapest) yesterday, according to hirado.hu.
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A politically motivated campaign is under way against Hungary aiming to make German companies uncertain about planned investments, Foreign Minister Péter Szijjártó said.
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