In a 2006 field survey of recruitment agencies dealing in finding work for Czechs abroad, it was discovered that the top destinations – U.K. and Ireland – showed the greatest demand for highly skilled professionals such as IT specialists, doctors, nurses and artisans. This survey was included in a report by Jana Vavrečková, a member of the...

Dieter Haap makes no bones about why W.E.T. Auto Systems, a German car parts maker, mothballed its Hungarian factory and moved production of car seats to a new plant in western Ukraine. “Hungary became too expensive,” says Mr Haap, the company’s chief financial officer. “The Hungarian production costs were seven times higher than Ukraine....

BUDAPEST — Despite a tight employment market and wage appreciation, Hungary remains an attractive site for Mentor Graphics to expand its automotive networking software development team, said Joachim Langenwalter, director of Mentor's automotive networking business unit. Mentor entered Budapest in 2000 through an acquisition. Today the company employs 35...

BUDAPEST — Central and Eastern Europe’s information technology outsourcing market last year was worth $3B, according to a study by a consortium of CEE IT organizations. The leading recipient countries for IT outsourcing business were Ukraine, Romania, Hungary, Poland and Czech Republic. According to the research, the most expensive countries for...

Cobra Beer, the India-themed lager brand that outsourced production to Poland, is to shift the bulk of its brewing back to the UK to save money due to soaring transportation costs and the strengthening of the Polish zloty against sterling and the euro. Adrian McKeon, chief executive of Cobra Beer, said the brewer expected to save about £3m a year immediately...