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Hungary / Panasonic closes plant, 550 jobs cut
Japanese electronics giant Panasonic said Friday it will close its only European solar cell plant in Hungary, resulting in the loss of 550 jobs. The assembly factory will end production in September before its official closure in March, a Panasonic spokeswoman in Tokyo said. But the firm will maintain its overall global solar cell production … Continue reading
Germany / The preferred immigration destination for highly skilled Hungarians
The migration bug at present biting disgruntled skilled workers in every European country has long been a feature in Hungary, with numerous highly skilled younger Hungarians leaving for Germany over the last 16 years. However, the rate at which talented young workers are leaving their home country has accelerated since 2007, with emigrant numbers up … Continue reading
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