50 result(s) for cut jobs in Business
Modine Inaugurates EUR 19.8m Expansion In North-Eastern Hungary
- 29 Mar 2018 8:17 AM
- business
The Hungarian unit of US-based automotive company Modine Manufacturing inaugurated a 6.2 billion forint (EUR 19.8m) expansion at its base in Mezőkövesd, in north-eastern Hungary.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
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.
American-Hungarian Business Council Brings New Dimension To Bilateral Economic Relations
- 29 Feb 2016 9:00 AM
- business
“Hungarian-American economic cooperation has entered a new dimension with the formation of the American-Hungarian Business Forum”, Minister of Foreign Affairs and Trade Péter Szijjártó told Hungarian news agency MTI after attending the founding meeting of the organisation in New York.
Mr. Szijjártó, who is on an official visit to the United States, stressed that the goal of the Council is to ...
Modine Inaugurates EUR 19.8m Expansion In North-Eastern Hungary
- 29 Mar 2018 8:17 AM
- business
The Hungarian unit of US-based automotive company Modine Manufacturing inaugurated a 6.2 billion forint (EUR 19.8m) expansion at its base in Mezőkövesd, in north-eastern Hungary.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
Samsung To Invest HUF 100 Bn In Battery Plant Near Budapest
- 31 Aug 2016 9:00 AM
- business
South Korea’s Samsung SDI will invest 100 billion forints (EUR 322m) in a plant in Göd, north of Budapest, to produce batteries for electric vehicles for European markets, Hungary’s minister for foreign affairs and trade announced. After serious competition from other countries in the region, the investment in Hungary will create 600 jobs, Péter Szijjártó said in Budapest.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
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.
American-Hungarian Business Council Brings New Dimension To Bilateral Economic Relations
- 29 Feb 2016 9:00 AM
- business
“Hungarian-American economic cooperation has entered a new dimension with the formation of the American-Hungarian Business Forum”, Minister of Foreign Affairs and Trade Péter Szijjártó told Hungarian news agency MTI after attending the founding meeting of the organisation in New York.
Mr. Szijjártó, who is on an official visit to the United States, stressed that the goal of the Council is to ...