Published: December 12 2023
The Economic Development Minister of Hungary, Márton Nagy, recently met with executives from Continental, a car parts supplier, to discuss job security for Hungarian workers. The minister emphasized that Hungarian jobs should be prioritized for Hungarian citizens.
Commitment to Protecting Families and Jobs
Minister Nagy reiterated the government's commitment to protecting families and jobs in Hungary. He stressed the importance of businesses offering job opportunities to Hungarians before employing foreign nationals.
Status of Layoffs at Continental
Contrary to media reports, Continental's plant in Makó has not carried out any collective layoffs. However, there have been terminations of temporary and fixed-term employment contracts, as well as employees reaching retirement age. Continental provides more severance pay to its employees than what is required by law.
Support for Amendments in Employment Regulations
Continental supports the amendments to the law on the employment of guest workers, which aim to tighten regulations. The company is committed to observing legal requirements and ensuring compliance with the updated regulations.
Employment Statistics in Hungary
Hungary is often perceived as being anti-foreign, but the statistics show otherwise. There are currently an estimated 500,000 guest workers employed in Hungary, highlighting the country's openness to foreign workers.
The meeting between Minister Nagy and Continental executives reaffirmed the commitment to job security for Hungarian workers. Continental's plant in Makó has not conducted any collective layoffs, and the company remains dedicated to complying with employment regulations and providing fair compensation to employees. The employment statistics in Hungary also indicate a significant number of guest workers in the country.
Questions & Answers
What were the discussions between Economic Development Minister Márton Nagy and Continental executives about? The discussions between Minister Márton Nagy and Continental executives were about strategic trends in the economy, specifically the car industry, and recent press reports concerning Continental.
What did Minister Nagy confirm about job security in Hungary? Minister Nagy confirmed that Hungarian jobs belonged to Hungarians and that businesses should prioritize offering job openings to Hungarians before employing other nationals.
Did Continental's plant in Makó carry out any collective layoffs? No, according to Continental Automotive Hungary CEO Róbert Keszte, Continental's plant in Makó had not carried out any collective layoffs. However, there have been terminations of temporary and fixed-term employment contracts, as well as employees reaching retirement age.
How does Continental support its employees during terminations? Continental provides more severance pay to its employees than what is required by law.
How many people does Continental employ in Hungary? Continental employs close to 8,000 people in Hungary.
Is Hungary perceived as being anti-foreign when it comes to employment? No, statistics do not support the notion that Hungary is anti-foreign. It is estimated that there are already 500,000 guest workers employed in Hungary.
Was there a minimum wage agreement signed in Hungary? Yes, a minimum wage agreement was signed in Hungary.