A Hungarian-British business council is to be established at the Hungarian Embassy in London, Minister of Foreign Affairs and Trade Péter Szijjártó revealed at a Hungarian-British business forum in Budapest today, Hungarian news agency MTI reported.
Although the number of Hungarian firms regularly assessing operational risks has grown slightly, 60% of them still do not make efforts to uncover corruption risks and possible mismanagement, according to the results of a survey by professional services firm EY Hungary and the Institute for Economic and Enterprise Research (MKIK GVI), announced Wednesday.
Services, agriculture and household consumption were the main drivers behind Hungary’s second quarter growth figures, detailed gross domestic product (GDP) data released in the first week of September revealed.
Commuting can not only have adverse health effects, but also endangers productivity, so businesses are under more pressure than ever both to cut time wasted this way and make their workers more satisfied, analysts say.
Hungary has placed 69th in a competitiveness rating of 138 countries compiled by the World Economic Forum this year, slipping from last year’s 63rd place when a total of 140 countries were evaluated, according to reports today.