73 result(s) for romania in Business
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
PwC: Hungarian CEOs Confident About Growth In 2016
- 7 Mar 2016 8:00 AM
- business
Some 84% of the 155 Hungarian company leaders interviewed for PwC’s annual CEO survey said they are confident about their own firmʼs revenue growth in 2016, while 59% expect the Hungarian economy to grow, and 54% foresee the growth of the global economy this year, according to an analysis of the survey published by PwC today.
Fewer Foreigners Starting Businesses In Hungary
- 20 Nov 2015 8:00 AM
- business
The number of new companies registered with one or more foreign owners fell from an annual 3,000 in 2009 to 2,200 last year, according to company data provider Opten. Tighter rules aimed at reducing registrations for fraudulent purposes played a part in the lower number.
Hungary Slips To 63rd Place In Global Competitiveness Ranking
- 30 Sep 2015 4:00 AM
- business
Hungary has slipped to the 63rd place in the latest ranking of 140 countries based on competitiveness compiled by the World Economic Forum. In the report, Hungary fell by three places (the report included 144 countries a year earlier). On a scale of 1-7, Hungary’s overall score edged down to 4.25 from 4.28 a year earlier. Hungary reached higher scores in the category of health and primary ...
65,000 Foreigners Work In Hungary
- 12 Jun 2015 9:00 AM
- business
Approximately 65,000 foreigners work in Hungary, and they “take” slightly more than 1.5% of jobs, according to National Labour Office data. These include about 50,000 EU citizens working here, who do not require job permits. Of those, 34,000 have come from Romania, 9,000 from Slovakia, 1,500 from each of Poland and Germany, 900 from Great Britain, 650 from France, 550 from Italy and 350 from the ...
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Labour Relatively Cheap In Hungary
- 5 May 2015 9:00 AM
- business
Hourly labour costs are lower in Hungary than in all but four other EU members states, according to calculations by German statistics office Destatis. Hourly labour costs here were €7.8 in 2014, up 3.5% from one year earlier. This is slightly more than the €7 in Latvia, €6.6 in Lithuania, €4.8 in Romania and €3.8 in Bulgaria.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
PwC: Hungarian CEOs Confident About Growth In 2016
- 7 Mar 2016 8:00 AM
- business
Some 84% of the 155 Hungarian company leaders interviewed for PwC’s annual CEO survey said they are confident about their own firmʼs revenue growth in 2016, while 59% expect the Hungarian economy to grow, and 54% foresee the growth of the global economy this year, according to an analysis of the survey published by PwC today.
Fewer Foreigners Starting Businesses In Hungary
- 20 Nov 2015 8:00 AM
- business
The number of new companies registered with one or more foreign owners fell from an annual 3,000 in 2009 to 2,200 last year, according to company data provider Opten. Tighter rules aimed at reducing registrations for fraudulent purposes played a part in the lower number.
Hungary Slips To 63rd Place In Global Competitiveness Ranking
- 30 Sep 2015 4:00 AM
- business
Hungary has slipped to the 63rd place in the latest ranking of 140 countries based on competitiveness compiled by the World Economic Forum. In the report, Hungary fell by three places (the report included 144 countries a year earlier). On a scale of 1-7, Hungary’s overall score edged down to 4.25 from 4.28 a year earlier. Hungary reached higher scores in the category of health and primary ...
65,000 Foreigners Work In Hungary
- 12 Jun 2015 9:00 AM
- business
Approximately 65,000 foreigners work in Hungary, and they “take” slightly more than 1.5% of jobs, according to National Labour Office data. These include about 50,000 EU citizens working here, who do not require job permits. Of those, 34,000 have come from Romania, 9,000 from Slovakia, 1,500 from each of Poland and Germany, 900 from Great Britain, 650 from France, 550 from Italy and 350 from the ...
CEO’s More Optimistic In Hungary
- 29 May 2015 9:00 AM
- business
Hungarian executives are optimistic about the next 12 months, and are keeping a vigilant eye on Berlin.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
“Sentiment among Hungarian chief executives reflects the global trend; confidence in global growth is waning, while their expectations of their own corporate earnings are slightly more optimistic”, said Nick Kós, CEO of PricewaterhouseCoopers (PwC) Hungary in response to our enquiry.
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
Labour Relatively Cheap In Hungary
- 5 May 2015 9:00 AM
- business
Hourly labour costs are lower in Hungary than in all but four other EU members states, according to calculations by German statistics office Destatis. Hourly labour costs here were €7.8 in 2014, up 3.5% from one year earlier. This is slightly more than the €7 in Latvia, €6.6 in Lithuania, €4.8 in Romania and €3.8 in Bulgaria.