GlobalAutoTV
Click to watch Franz Neumeyer -
Click to watch Franz Neumeyer -
euro resources


Need an office in Europe or Eastern Europe? Office suites, meeting rooms, virtual offices, network access




free downloads
EUROPE: "Industry Overview: The Automotive Electronics Industry in Germany (2015)" report

EUROPE: "Industry Overview: The Automotive Electronics Industry in Germany (2015)" report. 16-page report by Germany Trade & Invest Agency.

proceed to download
eJournals





back to index backEUROtalk March,  2005


Hungary: Labour market risk

Since Hungary passed a new law permitting foreigners to work in the country for three months at a time starting in 2002, an estimated 30,000 to 40,000 expatriates have landed jobs in Hungary, according to the Ministry of Economic Affairs and Transport.

The number of foreigners securing work permits has been steadily rising and is expected to continue to rise now that Hungary is part of the European Union. Hungary-based employers wishing to hire foreigners must apply to the local county Labor Center for work permits.

The application must be accompanied by several documents, including a medical certification, list of credentials, and a transfer agreement between the expatriate's foreign employer and the Hungarian employer.

The work permit requirement for expatriates does not come with any general exemptions, and employers caught with illegal foreign workers are subject to steep fines. Foreigners who wish to continue living and working in Hungary beyond three months must apply for a residence permit.

Source: Economist Intelligent Unit Riskwire - GAI


previous page

go top
search our site


Loading

EUROtalk

Other articles from the same issue (March,  2005).

European car options lists spiral upwards
play read on

Making the most of your assignment
play read on

Can Europe Find Consensus on Reforming the Stability and Growth Pact?
play read on

Turkey: Seeking new export markets
play read on

UK Government raises taxes on pension plans
play read on

Multinationals revising long-term incentive programs for executives outside the U.S.
play read on

Germany: Of future contracts and deflation spirals
play read on

Hungary: Labour market risk
play read on

UK: Five year plan to revamp the work permit system
play read on

Morocco, The Automotive Gateway to Europe
play read on

Planned German company tax reform
play read on

Board Insights 2004: What Europe's Directors Think
play read on


Our Free eJournals
GlobalAutoExperts

To visit GlobalAutoExperts Directory, click here.


©2008 GlobalAutoIndustry.com | HCI Group, Ltd.
101 West Big Beaver Road, Suite 1400 | Troy, MI 48084 USA
USA Tel: +1.248.687.1060 | USA Fax: +1.248.927.0347
Fax UK: +44.(0)845.127.4765 | Fax Europe: +31.20.524.1659 | Fax Asia: +852.3015.8120