• 11 Feb 2026

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116 result(s) for reduction in Business

BestByte Faces Insolvency: Serious Financial Difficulties at Major Electronics Retailer in Hungary

BestByte Faces Insolvency: Serious Financial Difficulties at Major Electronics Retailer in Hungary

Electronics retail chain BestByte, has entered restructuring proceedings at the Budapest Metropolitan Court after facing serious financial difficulties, Forbes writes.
Record Low Level of Jobseekers in Hungary

Record Low Level of Jobseekers in Hungary

  • 15 Jan 2026 7:21 AM
  • business
The number of registered jobseekers in Hungary reached a record low of 216,082 in December, falling almost 4,000 from the same month a year earlier, the state secretary for employment policy said on Wednesday, citing data from the National Employment Service (NFSZ).
Tesco Recently Axed 600 Jobs in Hungary

Tesco Recently Axed 600 Jobs in Hungary

The number of employees at Tesco Global Aruhazak shrank from 9,760 in July to 9,132 in August, according to the website HR Portal and Opten company information service.
Largest Factories in Hungary Have Fired Significant Number of Workers Recently

Largest Factories in Hungary Have Fired Significant Number of Workers Recently

Hungary’s largest industrial firms have significantly reduced headcount over the past year, Telex reports.
Analysis: German Companies in Hungary Sceptical of Local Business Upturn

Analysis: German Companies in Hungary Sceptical of Local Business Upturn

The Hungarian economy is facing difficult times, as underlined by recent statistical data, and also reflected in the results of the spring survey of members of the German-Hungarian Chamber of Industry and Commerce.
Region's First LNG Filling Station Opens In Hungary

Region's First LNG Filling Station Opens In Hungary

Multinational energy company Shell inaugurated a filling station offering liquefied natural gas (LNG) in Szigetszentmiklós, next to the M0 motorway, its first in the region, Péter Szijjártó, the foreign minister said.
Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary ranks 39th on the list of the world’s most competitive economies, up three places from last year, Finance Minister Mihály Varga said on Monday, citing information from Swiss competitiveness research institute IMD.
Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing.
Companies Plan 3% Rise In Headcount

Companies Plan 3% Rise In Headcount

Hungarian companies plan to raise headcount by 3%, on average, between April and June, a survey by staffing company ManpowerGroup shows.
BestByte Faces Insolvency: Serious Financial Difficulties at Major Electronics Retailer in Hungary

BestByte Faces Insolvency: Serious Financial Difficulties at Major Electronics Retailer in Hungary

Electronics retail chain BestByte, has entered restructuring proceedings at the Budapest Metropolitan Court after facing serious financial difficulties, Forbes writes.
Record Low Level of Jobseekers in Hungary

Record Low Level of Jobseekers in Hungary

  • 15 Jan 2026 7:21 AM
  • business
The number of registered jobseekers in Hungary reached a record low of 216,082 in December, falling almost 4,000 from the same month a year earlier, the state secretary for employment policy said on Wednesday, citing data from the National Employment Service (NFSZ).
Tesco Recently Axed 600 Jobs in Hungary

Tesco Recently Axed 600 Jobs in Hungary

The number of employees at Tesco Global Aruhazak shrank from 9,760 in July to 9,132 in August, according to the website HR Portal and Opten company information service.
Largest Factories in Hungary Have Fired Significant Number of Workers Recently

Largest Factories in Hungary Have Fired Significant Number of Workers Recently

Hungary’s largest industrial firms have significantly reduced headcount over the past year, Telex reports.
Analysis: German Companies in Hungary Sceptical of Local Business Upturn

Analysis: German Companies in Hungary Sceptical of Local Business Upturn

The Hungarian economy is facing difficult times, as underlined by recent statistical data, and also reflected in the results of the spring survey of members of the German-Hungarian Chamber of Industry and Commerce.
Region's First LNG Filling Station Opens In Hungary

Region's First LNG Filling Station Opens In Hungary

Multinational energy company Shell inaugurated a filling station offering liquefied natural gas (LNG) in Szigetszentmiklós, next to the M0 motorway, its first in the region, Péter Szijjártó, the foreign minister said.
Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary Moves Up Three Places in World Competitiveness Ranking

Hungary ranks 39th on the list of the world’s most competitive economies, up three places from last year, Finance Minister Mihály Varga said on Monday, citing information from Swiss competitiveness research institute IMD.
Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary Crisis Management Yields Mixed Results, Says National Bank Governor

Hungary’s management of the coronavirus crisis last year yielded mixed results, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article in the online edition of daily Magyar Nemzet, adding that the economy had been saved by an increase in private sector borrowing.
Companies Plan 3% Rise In Headcount

Companies Plan 3% Rise In Headcount

Hungarian companies plan to raise headcount by 3%, on average, between April and June, a survey by staffing company ManpowerGroup shows.