ADVERTISEMENT

Small Business Employment Subsidies Help Employ 10,000

Analysis

Employment subsidies directed at small businesses that can give new hires valuable work experience have supported the placement of more than 10,000 jobseekers, State Secretary for Employment Sándor Czomba said last week.

Czomba noted that applications for the HUF 10 bln in subsidies, announced in December, were submitted for around 12,000 positions.

Over 90% of the funding went to micro businesses and SMEs, according to Czomba.

The report notes that most applicants were in underdeveloped areas in the east of the country.

ADVERTISEMENT

Lenders' Q1 Profit Quadrupled to HUF 321 bln Banking

Lenders' Q1 Profit Quadrupled to HUF 321 bln

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Polish Unemployment Slightly Down in May, Minister Says HR

Polish Unemployment Slightly Down in May, Minister Says

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov... History

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.