- Supreme Court ruling on hostile takeover defence costs
- New rules of e-signature
- The Rules Of Compensation For Debt Recovery Costs
- Provisions on the new Employee Stock Ownership Plan
- Public Health Product Tax – Tax Allowance For Health Promotion Programmes
- The Most Important Tax Legislative Changes Effective From 2016
- The Legal Aspects Of Telework
- Easier Data Transfer To Countries Outsite The EU
- New Feature For Invoicing Softwares Required
- Mandatory Employment Of Fire Protection Specialists
- Amended Rules Of Proceedings For The Protection Of Possession
- Changing Advertising Tax Rates
Hungary’s debt-to-GDP ratio stood at 75.6% of gross domestic product at the end of the second quarter in2016, which puts Hungary to the 16th place in the EU-27, a release by Eurostat, the statistical office of the European Union, showed on Monday. More...
GKIʼs combined consumer and business confidence index fell to minus 4.5 points in October from minus 3.6 points in September, according to Hungarian news agency MTI. The business confidence index inched down from 1.7 points to 1.0 points. More...
Hungary’s President János Áder has referred an amendment of the electricity act back to Parliament for review for it has practically bans the installation of wind turbines in the country. More...
Hungary will start a multi-year contribution reduction programme in January 2017, weekly newspaper Figyelő reported on Thursday. It has also learned, though, that in exchange of the measure companies will be required to raise wages, i.e. they may not pocket the sum they would win by the lowered burden. More...
U.S.-based measurement and automation firm National Instruments is expanding production capacity at its Hungarian plant in Debrecen through an investment of HUF 5.5 billion, COO Alex Davern announced yesterday, according to reports. More...
Apollo Tyres is setting up Europe's largest greenfield plant in Hungary with an investment of 475 million euros to produce nearly 62 lakh tyres for passenger cars and heavy commercial vehicles per annum. The facility at Gyongyoshalasz, located less than 100 km from here, will start production early next year and it will produce tyres to cater to the entire European market. More...
UNCITRAL and Arbitration
Conference on the 50th Anniversary of the Establishment
of the United Nations Commission on International Trade Law
17 November 2016
BANK CENTER, Budapest V. Szabadság tér 7.
Reports of a growing labour shortage in eastern Europe have been reinforced by similar claims from Audi and Daimler of a worker shortfall in Hungary. Automaker executives told Reuters improve worker mobility and local infrastructure were needed after years of emigration to western Europe created labour shortages in bordering countries Hungary, Poland and the Czech Republic, making it hard for businesses of all kinds to recruit. More... Read also Reuter's report: Samsung enlists Ukrainians to beat Hungary labor crunch
Net real wages in Hungary rose sharply by 8.6% year on year in August. This corresponds to a HUF 13,000 net wage rise over a year. More...