• 18 Jan 2025

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811 result(s) for economy in Business

Abolition of Law on Priority Investments Called for by Hungarian Opposition LMP

Abolition of Law on Priority Investments Called for by Hungarian Opposition LMP

Opposition LMP has called for the abolition of the law on priority investments, arguing that the regulation allowed the government to bypass rules when licensing major investments.
'Big Step Taken' Towards Green Energy in Hungary

'Big Step Taken' Towards Green Energy in Hungary

The future of the Hungarian economy and environmental protection lies in green energy, and the country has taken a major step towards meeting the goals related to it with broad international cooperation, the foreign minister said.
Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Employing guest workers through hiring companies will negatively impact the labour market in the long run, the mayor of Budapest said on Tuesday, adding that the city of Budapest will not allow such practices for its own companies
Hungary to Continue Phasing Out Sectoral Taxes

Hungary to Continue Phasing Out Sectoral Taxes

The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said prior to submitting a bill on tax changes for next year to lawmakers.
Hungary Enjoys Record Investments & Exports

Hungary Enjoys Record Investments & Exports

New records in investments and exports “can now be taken for granted” for this year, the minister of foreign affairs and trade told parliament’s economic committee.
Labour Law in Hungary to Tighten: 'Companies Must Try to Fill All Jobs with Hungarians, Can Only Employ Foreigners if That is Not Possible'

Labour Law in Hungary to Tighten: 'Companies Must Try to Fill All Jobs with Hungarians, Can Only Employ Foreigners if That is Not Possible'

The government is drafting legislation to further tighten regulations on immigration and labour of third-country citizens, the economic development ministry said.
Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Hungária is investing 90 billion forints (EUR 231.5m) to expand the capacity of its plant in Bük, in south-west Hungary, and will create 280 jobs in the process, Péter Szijjártó, the minister of foreign affairs and trade, said.
Vocational Training in Hungary 3rd in OECD Ranking

Vocational Training in Hungary 3rd in OECD Ranking

When it comes to employment opportunities for graduates of vocational training, Hungary is ranked third by the Organization for Economic Cooperation and Development (OECD).
Cooperation Must Be Strengthened Between Hungary & Germany, Says Minister

Cooperation Must Be Strengthened Between Hungary & Germany, Says Minister

German-Hungarian cooperation “which existed in good times and also bad times over history” is greatly needed also in the 21st century, and it should be further strengthened, the head of the Prime Minister’s Office said.
Abolition of Law on Priority Investments Called for by Hungarian Opposition LMP

Abolition of Law on Priority Investments Called for by Hungarian Opposition LMP

Opposition LMP has called for the abolition of the law on priority investments, arguing that the regulation allowed the government to bypass rules when licensing major investments.
'Big Step Taken' Towards Green Energy in Hungary

'Big Step Taken' Towards Green Energy in Hungary

The future of the Hungarian economy and environmental protection lies in green energy, and the country has taken a major step towards meeting the goals related to it with broad international cooperation, the foreign minister said.
Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Hiring Foreign Guest Workers Harms Economy, Says Budapest Mayor Karácsony

Employing guest workers through hiring companies will negatively impact the labour market in the long run, the mayor of Budapest said on Tuesday, adding that the city of Budapest will not allow such practices for its own companies
Hungary to Continue Phasing Out Sectoral Taxes

Hungary to Continue Phasing Out Sectoral Taxes

The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said prior to submitting a bill on tax changes for next year to lawmakers.
Hungary Enjoys Record Investments & Exports

Hungary Enjoys Record Investments & Exports

New records in investments and exports “can now be taken for granted” for this year, the minister of foreign affairs and trade told parliament’s economic committee.
Labour Law in Hungary to Tighten: 'Companies Must Try to Fill All Jobs with Hungarians, Can Only Employ Foreigners if That is Not Possible'

Labour Law in Hungary to Tighten: 'Companies Must Try to Fill All Jobs with Hungarians, Can Only Employ Foreigners if That is Not Possible'

The government is drafting legislation to further tighten regulations on immigration and labour of third-country citizens, the economic development ministry said.
Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Investing HUF 90 Billion in Pet Food Plant in SW Hungary

Nestlé Hungária is investing 90 billion forints (EUR 231.5m) to expand the capacity of its plant in Bük, in south-west Hungary, and will create 280 jobs in the process, Péter Szijjártó, the minister of foreign affairs and trade, said.
Vocational Training in Hungary 3rd in OECD Ranking

Vocational Training in Hungary 3rd in OECD Ranking

When it comes to employment opportunities for graduates of vocational training, Hungary is ranked third by the Organization for Economic Cooperation and Development (OECD).
Cooperation Must Be Strengthened Between Hungary & Germany, Says Minister

Cooperation Must Be Strengthened Between Hungary & Germany, Says Minister

German-Hungarian cooperation “which existed in good times and also bad times over history” is greatly needed also in the 21st century, and it should be further strengthened, the head of the Prime Minister’s Office said.