210 New Jobs at National Instruments, Debrecen
National Instruments (NI) is building its new factory in Debrecen. The new production hall is going to provide 210 new jobs.
Adam
Economy
Hungary: unemployment rate stable at 3.4%
Hungary’s three-month rolling average jobless rate reached 3.4% in June-August, unchanged from the previous three-month period and down from 3.7% twelve months earlier, the Central Statistical Office (KSH) said.
Continental to cut jobs and shut factories
Continental AG mapped out a sweeping restructuring plan stretching over the next decade and affecting as many as 20,000 jobs worldwide, marking the Germany-based manufacturer’s latest effort to restore profits while navigating sluggish vehicle production in key markets and an industry shift to electric cars.
Budget deficit confirmed at 51.2%
Hungary’s cash flow-based budget, excluding local councils, ran a 510.8 billion forint (EUR 1.5bn) deficit at the end of August, reaching 51.2% of the 998.4 billion full-year target, the finance ministry said in a second reading.
US extends VISA-free entry for Hungarians
Foreign Minister Péter Szijjártó reached an agreement with Department of Homeland Security officials in Washington on Hungary’s continued inclusion in the US Visa Waiver Programme.
FDI income reaches EUR 9.243 BN in 2018
Foreign direct investment (FDI) income in Hungary came to 9.243 billion euros last year, annual data published by the National Bank of Hungary (NBH) show.
Hübner’s Top Production Centre is Further Improving in Nyíregyháza
Hübner-H’s latest investment, of about EUR 11 million, is coming to an end in Nyíregyháza. Alongside comprehensive developments targeted at the manufacturing technology and the related IT background in the company group’s largest production centre, construction work is just about to finish on the company’s fourth production plant on 8,600 square metres, with the potential […]
Debrecen University Hospital Has the Highest Debt in Hungary
Among Hungarian university hospitals Debrecen has the highest debt: 2.8 billion HuF.
Krones Hungary Inaugurated Its New Production Hall in Debrecen
Krones AG has inaugurated its first factory outside of Germany. The new production hall is in Debrecen and provides 500 new jobs to local people.
Duocor Inaugurates HuF 3.2 BN Expansion
Duocor inaugurated a 3.2 billion forint (EUR 9.6m) expansion at its base in Makó, in South-Eastern Hungary.