123 result(s) for engine in Business
Siemens Eyes HUF 10 bln Investment In Budapest
- 23 Nov 2016 8:00 AM
- business
Siemens is planning to spend HUF 10 billion on developments at its Budapest plant over the next three years, President-CEO Dale A. Martin announced today according to reports.
More Than Half Of Hungarian Employers Have Trouble Filling Positions
- 26 Oct 2016 9:00 AM
- business
Fully 57 percent of Hungarian employers have trouble filling positions, a survey conducted by staffing company ManpowerGroup released on Tuesday shows. Altogether 32 percent of the survey’s respondents said they were struggling with a lack of applicants for the vacant positions while 31 percent complained of a shortage of skilled labour.
GKI: Business, Consumer Confidence Improve In July
- 26 Jul 2016 9:00 AM
- business
GKI’s combined gauge of consumer and business confidence stood at 0.0 points in July, up from -3.7 points in the previous month. The business confidence index rose to 5.6 points from 1.7 points as sentiment improved in industry and services but deteriorated in construction and trade. Industrial companies’ assessment improved in terms of output, order stock -- including export orders -- and ...
Audi To Make Hungary Electric Motor Centre
- 28 Jun 2016 9:00 AM
- business
German carmaker Audi plans to make Hungary its electric motor centre, Economy Minister Mihály Varga said in a statement on Monday, after talks with Audi Hungaria managing director Peter Kössler. The government is negotiating the details, Varga said, adding that the plan is in harmony with the government’s Jedlik e-mobility project.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Xpat Opinion: Hungary’s Economy Minister’s Response To VW Scandal
- 1 Oct 2015 9:00 AM
- business
A conservative pundit welcomes the government’s plan to facilitate diversification in the industrial sector in order to make the country less dependent on car manufacturing.
Siemens Eyes HUF 10 bln Investment In Budapest
- 23 Nov 2016 8:00 AM
- business
Siemens is planning to spend HUF 10 billion on developments at its Budapest plant over the next three years, President-CEO Dale A. Martin announced today according to reports.
More Than Half Of Hungarian Employers Have Trouble Filling Positions
- 26 Oct 2016 9:00 AM
- business
Fully 57 percent of Hungarian employers have trouble filling positions, a survey conducted by staffing company ManpowerGroup released on Tuesday shows. Altogether 32 percent of the survey’s respondents said they were struggling with a lack of applicants for the vacant positions while 31 percent complained of a shortage of skilled labour.
GKI: Business, Consumer Confidence Improve In July
- 26 Jul 2016 9:00 AM
- business
GKI’s combined gauge of consumer and business confidence stood at 0.0 points in July, up from -3.7 points in the previous month. The business confidence index rose to 5.6 points from 1.7 points as sentiment improved in industry and services but deteriorated in construction and trade. Industrial companies’ assessment improved in terms of output, order stock -- including export orders -- and ...
Audi To Make Hungary Electric Motor Centre
- 28 Jun 2016 9:00 AM
- business
German carmaker Audi plans to make Hungary its electric motor centre, Economy Minister Mihály Varga said in a statement on Monday, after talks with Audi Hungaria managing director Peter Kössler. The government is negotiating the details, Varga said, adding that the plan is in harmony with the government’s Jedlik e-mobility project.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Xpat Opinion: Hungary’s Economy Minister’s Response To VW Scandal
- 1 Oct 2015 9:00 AM
- business
A conservative pundit welcomes the government’s plan to facilitate diversification in the industrial sector in order to make the country less dependent on car manufacturing.