30 result(s) for pay cuts in Business
New 21 Point Economic Programme: Economic Neutrality, Peace 'Boost for Hungarian Economy'
- 24 Feb 2025 12:25 PM
- business
Hungary has put all its cards on peace, Prime Minister Viktor Orban said in an interview with public radio.
Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion
- 29 Mar 2022 6:54 AM
- hungarymatters.hu
- business
The government’s 23 billion forint (EUR 61.7m) adjustment reserve for companies harmed by Brexit supports 63 companies, Péter Szijjártó, the minister of foreign affairs and trade, said, handing the support certification to Rovitex Homedeco.
Coronavirus: Hundreds Dismissed At Continental & Hankook In Hungary
- 23 Apr 2020 9:58 AM
- http://www.hatc.hu
- business
Auto parts supplier Continental has announced the dismissal of hundreds of its employees from its factories in Mako and Vac, while tyre maker Hankook is shedding jobs gradually on a monthly basis, Chemical and Energy Industry Union (VDSZ) president Tamas Szekely told Napi.
Coronavirus: Economists Suggest Broad Rescue Spending In Hungary
- 9 Apr 2020 6:36 AM
- http://www.budapost.eu
- business
As the government is already spending hundreds of billions to blunt the impact of the coronavirus outbreak on welfare, financial experts suggest vast spending programmes to rescue Hungary’s human capital.
Businesses May Have To Wait Till Q3 For Payroll Tax Cut
- 3 Jan 2020 7:18 AM
- https://bbj.hu/
- business
Hungaryʼs government could wait until as late as October of this year to reduce the payroll tax by another two percentage points, state secretary for tax affairs Norbert Izer said at a press conference on Thursday, state news wire MTI reports.
Gross Wages In Hungary Up 10.6% In January
- 1 Apr 2019 6:53 AM
- hungarymatters.hu
- business
The average gross wage in Hungary rose by 10.6 % year on year to 343,469 forints (EUR 1,070) in January, the Central Statistical Office (KSH) said. Net wages grew at the same pace, reaching 228,407 forints.
Unions Press For 13-15% Minimum Wage Rise, Employers For 5% Increase In Hungary
- 14 Nov 2018 9:48 AM
- hungarymatters.hu
- business
Unions are pushing for a 13-15% minimum wage rise next year, while employers are recommending a 5% increase, Finance Minister Mihály Varga said on public television after a meeting of the VKF, a broad forum of representatives from the private sector and the government responsible for wage talks.
Hungary Jobless Rate Reaches 3.8%
- 31 Jan 2018 8:10 AM
- business
Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.
Survey: Fewer Hungarians Earn Minimum Wage
- 11 Jan 2018 8:50 AM
- business
Fewer Hungarians are working for minimum wage, daily Magyar Idők said on Thursday. About 303,000 labourers in Hungary earn the unskilled minimum wage, gross 138,000 forints (EUR 446) a month, Imre Palkovics, the head of the Labour Councils, told the paper, citing economy ministry data.
New 21 Point Economic Programme: Economic Neutrality, Peace 'Boost for Hungarian Economy'
- 24 Feb 2025 12:25 PM
- business
Hungary has put all its cards on peace, Prime Minister Viktor Orban said in an interview with public radio.
Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion
- 29 Mar 2022 6:54 AM
- hungarymatters.hu
- business
The government’s 23 billion forint (EUR 61.7m) adjustment reserve for companies harmed by Brexit supports 63 companies, Péter Szijjártó, the minister of foreign affairs and trade, said, handing the support certification to Rovitex Homedeco.
Coronavirus: Hundreds Dismissed At Continental & Hankook In Hungary
- 23 Apr 2020 9:58 AM
- http://www.hatc.hu
- business
Auto parts supplier Continental has announced the dismissal of hundreds of its employees from its factories in Mako and Vac, while tyre maker Hankook is shedding jobs gradually on a monthly basis, Chemical and Energy Industry Union (VDSZ) president Tamas Szekely told Napi.
Coronavirus: Economists Suggest Broad Rescue Spending In Hungary
- 9 Apr 2020 6:36 AM
- http://www.budapost.eu
- business
As the government is already spending hundreds of billions to blunt the impact of the coronavirus outbreak on welfare, financial experts suggest vast spending programmes to rescue Hungary’s human capital.
Businesses May Have To Wait Till Q3 For Payroll Tax Cut
- 3 Jan 2020 7:18 AM
- https://bbj.hu/
- business
Hungaryʼs government could wait until as late as October of this year to reduce the payroll tax by another two percentage points, state secretary for tax affairs Norbert Izer said at a press conference on Thursday, state news wire MTI reports.
Gross Wages In Hungary Up 10.6% In January
- 1 Apr 2019 6:53 AM
- hungarymatters.hu
- business
The average gross wage in Hungary rose by 10.6 % year on year to 343,469 forints (EUR 1,070) in January, the Central Statistical Office (KSH) said. Net wages grew at the same pace, reaching 228,407 forints.
Unions Press For 13-15% Minimum Wage Rise, Employers For 5% Increase In Hungary
- 14 Nov 2018 9:48 AM
- hungarymatters.hu
- business
Unions are pushing for a 13-15% minimum wage rise next year, while employers are recommending a 5% increase, Finance Minister Mihály Varga said on public television after a meeting of the VKF, a broad forum of representatives from the private sector and the government responsible for wage talks.
Hungary Jobless Rate Reaches 3.8%
- 31 Jan 2018 8:10 AM
- business
Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.
Survey: Fewer Hungarians Earn Minimum Wage
- 11 Jan 2018 8:50 AM
- business
Fewer Hungarians are working for minimum wage, daily Magyar Idők said on Thursday. About 303,000 labourers in Hungary earn the unskilled minimum wage, gross 138,000 forints (EUR 446) a month, Imre Palkovics, the head of the Labour Councils, told the paper, citing economy ministry data.

















