“The good working culture, efficiency and flexibility of Hungarian workers have made rapid growth possible.” Thomas Faustmann Managing Director, AUDI Hungária Motor Ltd.

„The creative and flexible workforce is one of the strengths that helps General Motors Powertrain Hungary to successfully meet the challenges facing today’s rapidly changing automotive industry.” Rudolf Hamp, former General Director, GM Powertrain Hungary Ltd.

„A well trained labour force, a dense supplier network and favourable logistics conditions were the main arguments in favour of Kecskemét.” Dieter Zetsche, CEO, Daimler AG

‘‘The decision, to select Budapest, was as a result of a detailed location analysis conducted across a number of European cities. Selection criteria included suitable labour availability (population size and growth, skills and language availability), costs (labour and real estate) and risks (economic, political and social factors). Budapest offers a highly skilled and diverse workforce, with the broad language skills and the technical and customer facing skill sets we are seeking. Furthermore, it has an established and proven service industry track record recognized across Europe.” Kevin James, Vice President of Business Services Transformation, BP Refining & Marketing Segment – in an interview with SSON’s Barbara Hodge

Foreign capital is, in a large part, attracted by the highly skilled and highly educated labour force, particularly in the engineering, IT, pharmaceutical, economics, mathematics, physics and professional services sectors. Around two-thirds of the workforce in Hungary has completed a secondary, technical or vocational education.

The average wages in Hungary are ca. 60% less than the average of the EU 27, which makes the Hungarian workforce highly competitive. High English proficiency (90% of students speak English) and high number of working hours/year make Hungarians a highly efficient workforce.