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Growth 12Transformation 16Decline 7Under construction & planned 3
Key figures
+760new jobs announcedfrom 3 reports · since Jul 20260.2 per 1,000 in the labour force
1,620affected by layoffs and closuresfrom 4 reports · since Apr 20260.3 per 1,000 in the labour force
Largest expansions
- Hankook completes fourth expansion phase in Rácalmás, adding 450 jobs+450 New jobs ·
- Report: Undisclosed investor to create 230 jobs in Pécs+230 New jobs ·
- GE Vernova upgrades Veresegyház turbine plant for $24.5m+80 New jobs ·
Largest job cuts
- Electrolux to end refrigerator production in Jászberény by end-2026600 Affected staff ·
- WKW to close Győr plant, affecting 470 jobs470 Affected staff ·
- Bicycle maker Accell Hunland in Tószeg becomes insolvent400 Affected staff ·
Sectors
| Sector | Entries | New jobs | Affected staff |
|---|---|---|---|
| Automotive supplier | 4 | +450 | 470 |
| Consumer goods | 4 | — | 1,150 |
| Energy | 4 | +80 | — |
| Automotive | 3 | — | — |
| Aviation | 1 | — | — |
Follow-up
Followed up: 3 of 3 announcements older than six months.
Documented outcome: completed: 1, averted: 1.
All outcomes and relocations →
Open cases
- Hungary plans wealth tax from 2027 and reopens KATA flat taxNext milestone: 1 Jan 2027
- SK On Hungary confirms layoffs at Iváncsa battery plant
- Sanofi to transfer 20 medicines and three plants to Cheplapharm
- OTP Bank to acquire Baltic lender Luminor
Sums of the reports recorded in the tracker since recording began, not a complete picture of the labour market.
2026
- SK On Hungary confirms layoffs at Iváncsa battery plant · Layoffs · 🇭🇺 Hungary
- Report: Undisclosed investor to create 230 jobs in Pécs · Expansions · 🇭🇺 Hungary
- Hungary presents 2027 draft budget with a 4.9% deficit · Policy · 🇭🇺 Hungary
- MOL opens its first biomethane plant in Szarvas · Infrastructure · 🇭🇺 Hungary
- EU Council ends conditionality procedure against Hungary, €4.2bn unlocked · Policy · 🇭🇺 Hungary
- Hungary grants hauliers a 25-forint-per-litre fuel excise rebate · Policy · 🇭🇺 Hungary
- Hungary plans wealth tax from 2027 and reopens KATA flat tax · Policy · 🇭🇺 Hungary
- CATL begins trial production at new Debrecen plant · Expansions · 🇭🇺 Hungary
- Hungary moves to scrap MKIF's 35-year motorway concession · Policy · 🇭🇺 Hungary
- ABZ Innovation opens new drone plant in Szentendre · Expansions · 🇭🇺 Hungary
- Hankook completes fourth expansion phase in Rácalmás, adding 450 jobs · Expansions · 🇭🇺 Hungary
- Sanofi to transfer 20 medicines and three plants to Cheplapharm · Mergers · 🇭🇺 Hungary / France / Singapore
- WKW to close Győr plant, affecting 470 jobs · Closures · 🇭🇺 Hungary
- Hungary reactivates Tiszaújváros–Miskolc railway after three years · Infrastructure · 🇭🇺 Hungary
- Hungary's last enamelware maker in Bonyhád enters liquidation, 150 jobs · Closures · 🇭🇺 Hungary
- Bicycle maker Accell Hunland in Tószeg becomes insolvent · Closures · 🇭🇺 Hungary
- Hungary reactivates Dombóvár–Komló railway after three years · Infrastructure · 🇭🇺 Hungary
- Appeninn completes takeover of Dekada's Polish retail portfolio · Mergers · 🇵🇱 Poland / Hungary
- MOL to buy Shell's 35% stake in Aphrodite gas field off Cyprus · Mergers · 🇭🇺 Hungary / United Kingdom / Cyprus
- Hungary's antitrust body clears Vajda-Papír's purchase of Sofidel plant · Mergers · 🇭🇺 Hungary
- GE Vernova upgrades Veresegyház turbine plant for $24.5m · Expansions · 🇭🇺 Hungary
- Hungary announces VAT exemption for prescription medicines · Policy · 🇭🇺 Hungary
- Suzuki to expand Esztergom plant for EV output, worth €190m · Expansions · 🇭🇺 Hungary
- Hungary launches Baross plan worth EUR 9.8 billion for rail · Policy · 🇭🇺 Hungary
- ISD Power lays off 150 workers in Dunaújváros · Layoffs · 🇭🇺 Hungary
- OTP Bank to acquire Baltic lender Luminor · Mergers · 🇭🇺 Hungary / Estonia / Latvia / Lithuania
- Hungary strips Chinese Szolnok plant of priority status · Policy · 🇭🇺 Hungary
- Nestlé to end hollow-chocolate output in Diósgyőr · Closures · 🇭🇺 Hungary
- Mercedes-Benz inaugurates €1bn Kecskemét plant expansion · Expansions · 🇭🇺 Hungary
- European Commission confirms Hungary's accession to the EU Public Prosecutor's Office · Policy · 🇭🇺 Hungary
- Electrolux to end refrigerator production in Jászberény by end-2026 · Closures · 🇭🇺 Hungary
- Hungary opens freight service on Budapest–Belgrade railway · Infrastructure · 🇭🇺 Hungary / Serbia
- BYD begins test production at first European plant in Szeged · Expansions · 🇭🇺 Hungary
- MOL agrees to buy Russian 56.15% stake in NIS · Mergers · 🇷🇸 Serbia / Hungary / Russia
2025
- CER Cargo Group to buy Austrian rail freight firm Wiener Lokalbahnen Cargo · Mergers · 🇦🇹 Austria / Hungary
2026 · planned
- MÁV renews Kiskunfélegyháza–Gátér rail section by December 2026 · Under construction & planned · 🇭🇺 Hungary
2027 · planned
- METRANS to build second Hungarian terminal in Szeged by 2027 · Under construction & planned · 🇭🇺 Hungary
2028 · planned
- GYSEV to build Zalaszentiván delta link for EUR 33 million · Under construction & planned · 🇭🇺 Hungary