• 22 Nov 2024

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197 result(s) for manufacturing in Business

Foreign Guest Workers Now Account for 2.6% of the Employed in Hungary - Over 70,000 More Coming?

Foreign Guest Workers Now Account for 2.6% of the Employed in Hungary - Over 70,000 More Coming?

  • 18 Oct 2024 9:58 AM
  • business
Guest workers may only fill positions in Hungary that can't be taken by Hungarians, Minister of Foreign Affairs and Trade Peter Szijjarto said at a hearing before a parliamentary committee.
New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

Germany’s Ambassador to Hungary Julia Gross discusses the economic and personal connections that bind her home country with her current home.
Making the Most of Hungary’s Unique Expat CEO Community

Making the Most of Hungary’s Unique Expat CEO Community

Chresten Bruun, the general manager of the Lego Factory in Nyíregyháza and the senior vice president of EMEA Manufacturing in the Lego Group won the Expat CEO of the Year title at the Budapest Business Journal’s annual awards gala on March 23. We asked him to reflect on the evening and what the award means to his team.
Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

BC GEN Hungary, the local unit of South Korea’s Bumchun, is investing 21 billion forints to triple battery terminal capacity at its base in Salgótarján, in north-eastern Hungary,
Japanese TDK Investing HUF 26 Billion in Western Hungary

Japanese TDK Investing HUF 26 Billion in Western Hungary

TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company’s base in the city.
Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

A crucial component of the Hungarian government’s industrial strategy is to provide incentives to Hungarian businesses entering foreign markets, Prime Minister Viktor Orbán said at the inauguration of a MOL complex in Tiszaújváros, in north-eastern Hungary.
OECD Predicts Accelerating Economic Growth in Hungary

OECD Predicts Accelerating Economic Growth in Hungary

The OECD forecasts Hungary’s GDP will climb by 2.1% this year and its growth accelerating to 2.8% in 2025, according to its biannual Economic Outlook published.

"Smokeless Products" Plant: New HUF 60 Billion Investment Announced by BAT to Create 450 Jobs in SW Hungary

British American Tobacco is expanding production in Pécs, in south-west Hungary, with a new 60 billion forint (EUR 152.4m) plant manufacturing smokeless products, creating 450 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said in Budapest.
All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

More and more people in Hungary are willing to work, and the number of economically inactive people is down in just about every age group, Márton Nagy, the national economy minister said.
Foreign Guest Workers Now Account for 2.6% of the Employed in Hungary - Over 70,000 More Coming?

Foreign Guest Workers Now Account for 2.6% of the Employed in Hungary - Over 70,000 More Coming?

  • 18 Oct 2024 9:58 AM
  • business
Guest workers may only fill positions in Hungary that can't be taken by Hungarians, Minister of Foreign Affairs and Trade Peter Szijjarto said at a hearing before a parliamentary committee.
New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

New Interview with Germany’s Ambassador Julia Gross on Economic Partnership with Hungary

Germany’s Ambassador to Hungary Julia Gross discusses the economic and personal connections that bind her home country with her current home.
Making the Most of Hungary’s Unique Expat CEO Community

Making the Most of Hungary’s Unique Expat CEO Community

Chresten Bruun, the general manager of the Lego Factory in Nyíregyháza and the senior vice president of EMEA Manufacturing in the Lego Group won the Expat CEO of the Year title at the Budapest Business Journal’s annual awards gala on March 23. We asked him to reflect on the evening and what the award means to his team.
Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

Why is S. Korea's Bumchun Investing HUF 21 billion in N.E. Hungary?

BC GEN Hungary, the local unit of South Korea’s Bumchun, is investing 21 billion forints to triple battery terminal capacity at its base in Salgótarján, in north-eastern Hungary,
Japanese TDK Investing HUF 26 Billion in Western Hungary

Japanese TDK Investing HUF 26 Billion in Western Hungary

TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company’s base in the city.
Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

Gov’t Supports Hungarian Businesses Entering Foreign Markets, Says Orbán

A crucial component of the Hungarian government’s industrial strategy is to provide incentives to Hungarian businesses entering foreign markets, Prime Minister Viktor Orbán said at the inauguration of a MOL complex in Tiszaújváros, in north-eastern Hungary.
OECD Predicts Accelerating Economic Growth in Hungary

OECD Predicts Accelerating Economic Growth in Hungary

The OECD forecasts Hungary’s GDP will climb by 2.1% this year and its growth accelerating to 2.8% in 2025, according to its biannual Economic Outlook published.

"Smokeless Products" Plant: New HUF 60 Billion Investment Announced by BAT to Create 450 Jobs in SW Hungary

British American Tobacco is expanding production in Pécs, in south-west Hungary, with a new 60 billion forint (EUR 152.4m) plant manufacturing smokeless products, creating 450 jobs, Péter Szijjártó, the minister of foreign affairs and trade, said in Budapest.
All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

All-Time Low for Jobseekers: Hungary Aiming to Reach Level of Development Equal to 90% of EU Average

More and more people in Hungary are willing to work, and the number of economically inactive people is down in just about every age group, Márton Nagy, the national economy minister said.