Hungary Job Search

 

There are many positions in Hungary that require professionals who are fluent in English and who can speak Hungarian at the business conversation level. Although Hungarian language is not essential, a sound working knowledge of the language is considered necessary to cope with daily office life and life outside work. So, sign-up for Hungarian classes as it will give you an obvious advantage when applying in Hungary.

Remember, that after the days of communism, Hungary is establishing their own national recruitment habits. Recruiters shift from the selection on the basis of academic criteria to skills and qualities.

Hungary Basic Data

Background: Hungary was part of the polyglot Austro-Hungarian Empire, which collapsed during World War I. The country fell under Communist rule following World War II. In 1956, a revolt and announced withdrawal from the Warsaw Pact were met with a massive military intervention by Moscow. Under the leadership of Janos Kadar in 1968, Hungary began liberalizing its economy, introducing so-called "goulash Communism." Hungary held its first multiparty elections in 1990 and initiated a free market economy. It joined NATO in 1999 and is scheduled to accede to the EU along with nine other states on 1 May 2004. In an April 2003 referendum, 84 percent voted in favor of joining the EU.

Capital: Budapest

Climate: temperate; cold, cloudy, humid winters; warm summers

Ethnic groups: Hungarian 89.9%, Roma 4%, German 2.6%, Serb 2%, Slovak 0.8%, Romanian 0.7%

Languages: Hungarian 98.2%, other 1.8%

Economy - overview: Hungary has made the transition from a centrally planned to a market economy, with a per capita income one-half that of the Big Four European nations. Hungary continues to demonstrate strong economic growth and to work toward accession to the European Union in May 2004. The private sector accounts for over 80% of GDP. Foreign ownership of and investment in Hungarian firms are widespread, with cumulative foreign direct investment totaling more than $23 billion since 1989. Hungarian sovereign debt was upgraded in 2000 to the second-highest rating among all the Central European transition economies. Inflation has declined substantially, from 14% in 1998 to 4.7% in 2003; unemployment has persisted around the 6% level. Germany is by far Hungary's largest economic partner. Short-term issues include the reduction of the public sector deficit to 3% in 2004 and avoiding unjustified increases in wages.

Labor force - by occupation: services 65%, industry 27%, agriculture 8% (1996)

Unemployment rate: 5.8% (2002 est.)

Natural resources: bauxite, coal, natural gas, fertile soils, arable land

Industries: mining, metallurgy, construction materials, processed foods, textiles, chemicals (especially pharmaceuticals), motor vehicles

Currency: forint (HUF)

Exchange rates: forints per US dollar - 257.89 (2002), 286.49 (2001), 282.18 (2000), 237.15 (1999), 214.4 (1998)

Internet country code: .hu

Hungary Job Search Info

Now to finalize your job search, if your cover letter and CV are ready, you may email them through our international job search engine to recruiters and executive headhunters.

In addition, on hungary cover letter, hungary CV and hungary job interview pages, you will find useful tips .

Good luck with your Hungary job search!