National Instruments Among Hungary's Top 10 Employers

10/11/2002 - Figyel÷, the economic publication affiliated with Business Week, recently named National Instruments one of the 10 Best Companies to Work for in Hungary. National Instruments Hungary, the first technical manufacturing employer to make the list, placed sixth in Figyel÷'s second annual ranking of global and Hungarian-based companies. Other companies on the list included McDonald's, Herendi Porcelßnmanufakt˙ra Rt., and British American Tobacco.

"Our recognition in Hungary, in addition to three consecutive years on FORTUNE's list of the Best Companies to Work for in America, demonstrates our ongoing commitment to creating a stimulating and innovative place for employees to work around the globe," said Dr. James Truchard, President, CEO, and Co-founder of the global software and hardware company based in Austin, Texas, USA. "Just 18 months ago, we chose Hungary as the home for our first overseas manufacturing site because of its close proximity to NI's European markets, the well-educated workforce, and the favorable business environment. Our staff in Hungary made it their goal not only to become successful as NI's first overseas manufacturing facility but also to integrate the NI corporate culture — two goals they have wholeheartedly achieved."

Hewitt Associates, the same consulting service that surveys and ranks FORTUNE's 100 Best Companies to Work for in America, teamed up with Inside, a Hungarian consulting firm, to conduct the survey. NI made the list based on an independent survey of randomly selected NI Hungary employees. The survey asked employees to evaluate NI based on their trust in management, pride in their work and the company, and company culture.

NI went from breaking ground on the Hungary building to producing products in five months. The 13,400 square meter (144,000 square foot) facility located in Debrecen, Hungary, employs nearly 200 people and has been in operation since October of 2001.

About National Instruments
National Instruments leverages commercial technologies, such as industry-standard computers and the Internet, to deliver customer-defined measurement and automation solutions. Headquartered in Austin, Texas, NI has more than 2,900 employees and direct operations in 37 countries. NI increases the productivity of engineers and scientists worldwide by delivering easy-to-integrate software and modular hardware. In 2001, the company sold products to more than 24,000 different companies in more than 60 countries around the world. For the past three consecutive years, FORTUNE magazine has named NI one of the 100 best companies to work for in America.

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