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Unions are pushing for a 13-15% minimum wage rise next year, while employers are recommending a 5% increase, Finance Minister Mihály Varga said on public television after a meeting of the VKF, a broad forum of representatives from the private sector and the government responsible for wage talks.
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US Energy Secretary Rick Perry and Hungarian Foreign Minister Péter Szijjártó urged the diversification of central Europe’s energy supply at a joint press conference they held after talks in Budapest.
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Swisscham Hungary, the Swedish Chamber of Commerce and the Danish Business Club are organizing a Lego factory visit to the firmʼs Nyíregyháza plant on November 20, according to a press release.
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Evosoft Hungary is investing 5.2 billion forints (EUR 16m) in two projects creating 125 new jobs for highly qualified IT professionals, Péter Szijjártó, the minister of foreign affairs and trade, said at a press conference.
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South Korean conglomerate company Doosan is investing 32 billion forints (EUR 100m) in a battery copper foil plant in Tatabanya, in western Hungary, the foreign affairs and trade minister, Péter Szijjártó, said.
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Five Hungarian companies signed agreements on doing business in China in the framework of the opening ceremony of the Chinese International Import Expo (CIIE). Dairy company Kőröstej signed a contract on deliveries to China, Foreign Minister Péter Szijjártó said.
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