Hungary: Most Foreign Firms from Austria

BusinessEconomy ♦ Published: August 7, 2012; 15:53 ♦ (Vindobona)

In Hungary, foreign companies employ 25% of the workforce. However, the share of foreign companies only reaches 3.3%

Hungary: Most Foreign Firms from Austria / Picture: ©

Multinational companies employ about a quarter oft he Hungarian workforce of the private sector. What is more, half of the investments and revenues are made by foreign companies.

According to the Hungarian Central Statistical Office, about 20% of the full-time workers are employed at fully-foreign owned companies. Moreover, about 5.7% of the Hungarian workforce is employed by…