67 result(s) for construction work in Business
Siemens Eyes HUF 10 bln Investment In Budapest
- 23 Nov 2016 8:00 AM
- business
Siemens is planning to spend HUF 10 billion on developments at its Budapest plant over the next three years, President-CEO Dale A. Martin announced today according to reports.
Hungary: EIB Supports Development Of Central European University With Eur 25 Million
- 25 Oct 2016 9:00 AM
- business
The European Investment Bank (EIB) is lending EUR 25 million to Central European University (CEU) to upgrade its campus located in the historic centre of the Hungarian capital Budapest.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
GKI: Business, Consumer Confidence Improve In July
- 26 Jul 2016 9:00 AM
- business
GKI’s combined gauge of consumer and business confidence stood at 0.0 points in July, up from -3.7 points in the previous month. The business confidence index rose to 5.6 points from 1.7 points as sentiment improved in industry and services but deteriorated in construction and trade. Industrial companies’ assessment improved in terms of output, order stock -- including export orders -- and ...
Economy Minister: Hungary To Bring In Non-EU Guest Workers To Ease Shortage Of Labour
- 14 Jul 2016 9:00 AM
- business
The Hungarian government is working on solving the shortage of labour, which is becoming an increasing problem in certain sectors and professions in the country, by “importing” skilled guest workers to Hungary from countries outside the EU but this will not cause any Hungarians to lose their jobs, the Minister for National Economy has said.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Siemens Eyes HUF 10 bln Investment In Budapest
- 23 Nov 2016 8:00 AM
- business
Siemens is planning to spend HUF 10 billion on developments at its Budapest plant over the next three years, President-CEO Dale A. Martin announced today according to reports.
Hungary: EIB Supports Development Of Central European University With Eur 25 Million
- 25 Oct 2016 9:00 AM
- business
The European Investment Bank (EIB) is lending EUR 25 million to Central European University (CEU) to upgrade its campus located in the historic centre of the Hungarian capital Budapest.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
GKI: Business, Consumer Confidence Improve In July
- 26 Jul 2016 9:00 AM
- business
GKI’s combined gauge of consumer and business confidence stood at 0.0 points in July, up from -3.7 points in the previous month. The business confidence index rose to 5.6 points from 1.7 points as sentiment improved in industry and services but deteriorated in construction and trade. Industrial companies’ assessment improved in terms of output, order stock -- including export orders -- and ...
Economy Minister: Hungary To Bring In Non-EU Guest Workers To Ease Shortage Of Labour
- 14 Jul 2016 9:00 AM
- business
The Hungarian government is working on solving the shortage of labour, which is becoming an increasing problem in certain sectors and professions in the country, by “importing” skilled guest workers to Hungary from countries outside the EU but this will not cause any Hungarians to lose their jobs, the Minister for National Economy has said.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Company Közgép Slashes Workforce In Half
- 14 Oct 2015 9:00 AM
- business
Construction group Közgép yesterday announced that it will lay-off 350 employees, half of its staff, due to a plunge in new orders. The job losses will affect 283 administrative positions and 67 blue-collar jobs. Companies owned by Lajos Simicska have been hit hard by the loss of state orders since relations between the former financier of the Fidesz party and Prime Minister Viktor Orbán turned ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.