Executives for Greencore, the largest maker of sandwiches in the United Kingdom, went to Hungary to recruit employees for a new factory opening in Northhamptonshire. Some observers are complaining because Greencore was the recipient of £107 million in government funding to use to create more jobs for the residents of Northhamptonshire. Greencore produces 430 million…
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Business in Hungary Flails as Region’s Crisis Worsens
A recent Thomson Reuters survey revealed that business in Hungary suffered over the last quarter, resulting in a drop of the average for the EU’s eastern economies. The Thomson Reuters & OeKB Central and Eastern European Business Climate index fell to 14 points in January. Hungary’s progress, or lack thereof, was the most dramatic, falling…
