May 16, 2013

2nd Industrial Strategy Summit in Budapest

The 2nd Industrial Strategy and Innovation Summit on 3rd June in Budapest aims to provide an exclusive insight into electronics and automotive business in Hungary, and a networking opportunity to executive level governmental, academic and business leaders.

The organizers - AmCham Hungary and the Association of the Hungarian Automotive Industry - focus on future challanges and solutions of flagship industries, represented by companies like Audi, Suzuki, Siemens, Foxconn etc. The invited keynote speaker of the conference is Minister Mihály Varga.
AmCham Hungary, the main organizer

The first panel, the 'industrial strategy' comes round the electronic and automotive companies' growth opportunities and the governmental support to make Hungary the manufacturing workshop of Europe.
The second panel focuses on regulation, how to make it more stimulative, stable and simplier.
The third panel about education involves academic leaders and HR experts and tries to figure out some conclusions about the changing Hungarian educational system.
Finally, the fouth panel is about the supplying opportunities into the Hungarian flagship industries.

Some background
In this video, a chief economist of the Hungarian government, Mr. Zoltan Csefalvay talks about the Hungarian government's approach regarding economic development and growth in a European perspective.

Manufacturing Hungary Blog will be there at the Summit, and hope we can welcome you between the participants!


May 9, 2013

The hardest working nations of OECD countries

You may think Germans and Americans are hard working people. What a mistake.

publication of OECD, the organization of most developed economies provides information about the average annual working time in hours per workers, in 2011.

Darker colour means more annual working hour per workers, in 2011.
Graphics: Manufacturing Hungary Blog

The hardest working OECD nations are 1. Mexico, 2. South Korea and 3. Chile, working +26%, +23% and +15% more than an average worker in the United States.

The surprise comes when we look at the European OECD nations. German is the 2nd least working nation in Europe (only the Dutch work less than Germans). Greeks, Hungarians and the Polish are the hardest working nations of Europe, working +44%, +40% and +37% more than an average German workers.

Finally, the former world recorder Japanese workers work less than an average US worker and much less than an average Eastern European worker.

The original spreadsheet:

If you have opinion about these numbers, do not hesitate to share it!