155 result(s) for cut jobs
Govt To Complete HUF 2.5 Tn Road Upgrades By 2022
- 16 Sep 2016 9:00 AM
- getting around
The government has approved 2.5 trillion forints (EUR 8bn) worth of public road upgrades in Hungary to be completed by 2022, government office chief János Lázár said on Thursday. Under the cabinet’s Wednesday decision, 81 major roads will be upgraded and some 1,000 kilometres of dual carriageways will be built, with financing from national and European Union sources, Lázár said.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Michael Bist, Founder, ArtCosmos.com
- 8 Aug 2016 12:00 PM
Michael Bist is the founder of ARTCOSMOS.com the German-Hungarian website that is about to change the way we experience and buy art online.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Cabinet Approves Bill To Ban Uber
- 2 May 2016 5:00 AM
- getting around
The government is acting to ban access to the Uber application and website and those of similar taxi service companies, Development Ministry state secretary János Fónagy announced on Friday. He said the cabinet approved a bill to that effect on Wednesday that will be filed in Parliament on Monday.
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
American-Hungarian Business Council Brings New Dimension To Bilateral Economic Relations
- 29 Feb 2016 9:00 AM
- business
“Hungarian-American economic cooperation has entered a new dimension with the formation of the American-Hungarian Business Forum”, Minister of Foreign Affairs and Trade Péter Szijjártó told Hungarian news agency MTI after attending the founding meeting of the organisation in New York.
Mr. Szijjártó, who is on an official visit to the United States, stressed that the goal of the Council is to ...
Teachers Demonstrate For Education Reform In NE Hungary
- 4 Feb 2016 8:00 AM
- current affairs
Teachers, students, parents and civil groups held a demonstration in Miskolc, in northeastern Hungary, on Wednesday afternoon against the state of Hungary’s centralised public education system and low wages. The few thousand demonstrators demanded the reduction of centralisation and bureaucracy, restoring the school leaving age to 18 and changes to the teacher career model which links experience ...
Govt To Complete HUF 2.5 Tn Road Upgrades By 2022
- 16 Sep 2016 9:00 AM
- getting around
The government has approved 2.5 trillion forints (EUR 8bn) worth of public road upgrades in Hungary to be completed by 2022, government office chief János Lázár said on Thursday. Under the cabinet’s Wednesday decision, 81 major roads will be upgraded and some 1,000 kilometres of dual carriageways will be built, with financing from national and European Union sources, Lázár said.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Michael Bist, Founder, ArtCosmos.com
- 8 Aug 2016 12:00 PM
Michael Bist is the founder of ARTCOSMOS.com the German-Hungarian website that is about to change the way we experience and buy art online.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Cabinet Approves Bill To Ban Uber
- 2 May 2016 5:00 AM
- getting around
The government is acting to ban access to the Uber application and website and those of similar taxi service companies, Development Ministry state secretary János Fónagy announced on Friday. He said the cabinet approved a bill to that effect on Wednesday that will be filed in Parliament on Monday.
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
American-Hungarian Business Council Brings New Dimension To Bilateral Economic Relations
- 29 Feb 2016 9:00 AM
- business
“Hungarian-American economic cooperation has entered a new dimension with the formation of the American-Hungarian Business Forum”, Minister of Foreign Affairs and Trade Péter Szijjártó told Hungarian news agency MTI after attending the founding meeting of the organisation in New York.
Mr. Szijjártó, who is on an official visit to the United States, stressed that the goal of the Council is to ...
Teachers Demonstrate For Education Reform In NE Hungary
- 4 Feb 2016 8:00 AM
- current affairs
Teachers, students, parents and civil groups held a demonstration in Miskolc, in northeastern Hungary, on Wednesday afternoon against the state of Hungary’s centralised public education system and low wages. The few thousand demonstrators demanded the reduction of centralisation and bureaucracy, restoring the school leaving age to 18 and changes to the teacher career model which links experience ...