124 result(s) for foreign firms
Xpat Opinion: Fear Of Refugees Is Something To Fear
- 29 Jul 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
Xpat Opinion: Spies Allegedly Working For The United States Arrested In Hungary
- 2 Mar 2016 7:59 AM
- current affairs
However bizarre and unlikely this story, I think I should report on the two men who are currently in preventive custody in Hungary. The charge is espionage for the United States, the IMF, and the Swiss-Hungarian Grant.
Varga Expects Korean Investors’ ‘Decisive Role’ To Remain
- 26 Feb 2016 11:00 AM
- business
The Republic of Korea is the third major non-European investor in Hungary and Korean companies will continue to play a decisive role in the Hungarian economy, Economy Minister Mihály Varga said. After holding talks in Seoul, Varga called it important for Korean companies planning their first investment in Hungary to know that many international firms have been operating and kept expanding their ...
Formation Of American-Hungarian Business Council Opens ‘New Dimension’ In Ties
- 17 Feb 2016 8:00 AM
- business
The founding of the American- Hungarian Business Council has opened a “new dimension” in Hungary-US economic relations, Foreign Minister Péter Szijjártó said after taking part in the council’s founding session in New York on Tuesday.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
US Ambassador: Economic Ties With Hungary Strong
- 21 Jan 2016 8:00 AM
- business
Economic ties between Hungary and the United States are strong, but “can significantly improve if we remove impediments and disincentives to doing business,” the US ambassador said, addressing an event hosted by the American Chamber of Commerce (AmCham).
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungary's Former PM Gyurcsány’s Roadmap To Change Orbán's Government
- 26 Oct 2015 9:00 AM
- current affairs
Ferenc Gyurcsány, the former prime minister of Hungary and chairman of the Democratic Coalition (DK), released a 20-page political pamphlet titled "Many for Hungary" (Sokak Magyarországért). "Many people hope that Orbán and his system would collapse under the weight of its own corruption, or be swept away by an international financial or political crisis.
Xpat Opinion: Fear Of Refugees Is Something To Fear
- 29 Jul 2016 9:00 AM
- current affairs
By Tom Popper, Managing Editor, Budapest Business Journal:
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
In the face of a labor shortage, Hungary should consider bringing in qualified workers from countries outside of the European Union, according to a sensible proposal offered by the Confederation of Hungarian Employers (MGYOSZ) and endorsed by National Economy Minister Mihály Varga on July 6. But it seems this plan faces a lot of ...
Xpat Opinion: Spies Allegedly Working For The United States Arrested In Hungary
- 2 Mar 2016 7:59 AM
- current affairs
However bizarre and unlikely this story, I think I should report on the two men who are currently in preventive custody in Hungary. The charge is espionage for the United States, the IMF, and the Swiss-Hungarian Grant.
Varga Expects Korean Investors’ ‘Decisive Role’ To Remain
- 26 Feb 2016 11:00 AM
- business
The Republic of Korea is the third major non-European investor in Hungary and Korean companies will continue to play a decisive role in the Hungarian economy, Economy Minister Mihály Varga said. After holding talks in Seoul, Varga called it important for Korean companies planning their first investment in Hungary to know that many international firms have been operating and kept expanding their ...
Formation Of American-Hungarian Business Council Opens ‘New Dimension’ In Ties
- 17 Feb 2016 8:00 AM
- business
The founding of the American- Hungarian Business Council has opened a “new dimension” in Hungary-US economic relations, Foreign Minister Péter Szijjártó said after taking part in the council’s founding session in New York on Tuesday.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
US Ambassador: Economic Ties With Hungary Strong
- 21 Jan 2016 8:00 AM
- business
Economic ties between Hungary and the United States are strong, but “can significantly improve if we remove impediments and disincentives to doing business,” the US ambassador said, addressing an event hosted by the American Chamber of Commerce (AmCham).
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
National Bank of Hungary To Launch Growth Supporting Programme
- 4 Nov 2015 8:00 AM
- business
The National Bank of Hungary will launch a Growth Supporting Programme (GSP) in January with the aim of increasing the banking sector’s lending to small and medium-sized firms by 250-400 billion forints, or 5-10% of total corporate lending stock, in 2016. The GSP comprises the final phase of the NBH’s Funding for Growth Scheme (FGS) as well as a package of incentives for active lenders dubbed the ...
Hungary's Former PM Gyurcsány’s Roadmap To Change Orbán's Government
- 26 Oct 2015 9:00 AM
- current affairs
Ferenc Gyurcsány, the former prime minister of Hungary and chairman of the Democratic Coalition (DK), released a 20-page political pamphlet titled "Many for Hungary" (Sokak Magyarországért). "Many people hope that Orbán and his system would collapse under the weight of its own corruption, or be swept away by an international financial or political crisis.


















