Union leader: Labour shortage could lead to lost business, jobs in Hungary

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The labour shortage in the industrial sector could force multinationals to postpone capacity expansions or take some of their production elsewhere, a union leader warned in Thursday’s issue of daily Magyar Idők.

Zoltán László, the deputy head of union Vasas, told the paper that one multinational recently laid off more than 500 workers at bases in Gyöngyös in northern Hungary and Gödöllő, on the outskirts of Budapest, because it could not find enough labour. The union has learnt of other production units facing the same dilemma, he added.

László estimated that 2,000-3,000 jobs have been lost as companies take capacity elsewhere, while shelved investments have prevented job creation.

He urged immediate government intervention.

Ferenc Dávid, head of the employers’ and entrepreneurs’ association, said a big pullout of companies from the country due to labour shortage is not expected, but some of the production could be moved elsewhere. The postponement of investments, on the other hand, is a real problem, he added.

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2 Comments

  1. I am an Electrical engineer With a 6 semester diploma in electrical engineering-Done after 10+2 that is 14 years of schooling with an experience of 32 years+ .

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