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The building of a BMW plant in Debrecen, in eastern Hungary, will further strengthen the Hungarian economy, the minister of foreign affairs and trade said, commenting on the German carmaker’s announcement to start a construction project in the spring of 2020.
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Small- and medium-sized enterprises accounted for 35.2% of the added value in the non-financial business sector in Hungary in 2017 compared to the 46% share of large enterprises, a recently published data compilation from Eurostat finds.
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The last event this year is coming up soon: The Christmas Party in a new format, design and style. Join German Business Community and let them surprise you.
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The share of employees aged 15-64 with a temporary employment contract stood at 6.6% in Hungary in Q2 2019, just below half of the EU average of 13.6%, according to the EUʼs statistical agency Eurostat.
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The government is launching a 160 million dollar tied aid programme to support Hungarian companies working on development projects in Laos, Foreign Minister Péter Szijjártó said after talks with Laotian Deputy Prime Minister Sonexay Siphandone in Budapest.
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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.
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