Reiwag Driven Out Of Hungary

  • 12 Aug 2014 9:00 AM
Reiwag Driven Out Of Hungary
Austrian property and waste manager Reiwag is leaving Hungary, because it is difficult to make money legally here, CEO Viktor Wagner said yesterday.

He told Austrian business daily Wirtschaftsblatt that some of Reiwag’s competitors in Hungary employ 70-80% of their workers on the black market.

Reiwag was present in Hungary for eight years and employed 600 workers at its peak, but only 60 six months ago.

Source: Hungary Around the Clock

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