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Large-Scale Expansion Investment to Create 280 New Jobs in Hungary

Nestlé Hungária Kft.’s recent capacity expansion investment in Bük is set to create 280 new job opportunities, marking yet another milestone in Hungary’s impressive year of record-breaking investments, exports, and employment, Minister of Foreign Affairs and Trade Péter Szijjártó made…

Government Supports Economic Development, Job Creation, and Families through Energy Policy

Csaba Lantos stated that to aid families, the government continues to provide reduced utility prices, making Hungary home to the cheapest household natural gas and electricity prices in Europe….

Hungary Climbs Two Positions in Global Wealth Ranking

This positive trajectory in Hungary’s financial landscape had an impact on the nation’s global ranking in terms of wealth. Hungary has advanced two positions, now sitting at 30th place among the world’s nations, demonstrating the country’s progress despite the challenging…

Moody’s: Hungary’s Outlook Remains Stable

The credit rating agency expects a three per cent economic growth in Hungary next year, supported by strong exports, a high investment rate, and rising real wages….
Worker hands in protective gloves grinding with electric wheel on metal.

Government Remains Committed to Protecting Jobs

Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is…

Viktor Orbán: Multinational Retail Chains Behave Like Speculators

The prime minister stressed that the Hungarian government needs to be sharp because multinational companies behave like speculators. Food retail chains raise prices even when there is no reason for it, using high energy costs as a pretext. At the…

Majority of Hungarians under 40 Want to Live in Hungary in the Future

The research indicates that as age increases, the proportion of those considering the likelihood of owning their own property, being married, and living in Hungary also increases. Conversely, in terms of working in a foreign language environment, having a better…

Survey Shows Hungarians Feel Their Jobs Are Safer Now than Last Year

The CEO of BNP Paribas Cardif, Márk István Kiss, noted in the press release presenting the results of the survey that the rising prices and the challenging economic situation have not significantly impacted labour market processes, and the mood of…

Mihály Varga: The 2024 Budget is a Defence Budget

The 2024 budget is a defence budget because during times of war, Hungary needs a budget that guarantees its security, protects families, pensions, jobs, and reduces utility costs, the Hungarian finance minister stated in parliament on Tuesday….

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