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Hungary
Business news and investment opportunities in Hungary
STATS
Source: World Bank
Currency: Hungarian forintGDP: 157.9 billion USD (2018)
GDP per capita: 16,161.98 USD (2018)
GDP growth rate: 5.1% annual change (2018)
GNI per capita: 29,860 PPP dollars (2018)
Gross national income: 291.7 billion PPP dollars (2018)
Internet users: 76.75% of the population (2017)
GNI per capita: 29,860 PPP dollars (2018)
Gross national income: 291.7 billion PPP dollars (2018)
Internet users: 76.75% of the population (2017)
Khalifa joins Maritime Silk Road as concerns grow over Beijing’s influence
The UAE’s Khalifa Port is set to become the latest link in China’s 21st Century Maritime…
EU investigates Chinese plans for Belgrade to Budapest rail link
China’s plans to build a 350km, $2.89m high-speed railway between Belgrade and Budapest are under investigation by…
Asahi agrees to pay $7.81bn for SAB Miller’s East European brands
Asahi Group Holdings, the Japanese brewer and soft drinks manufacturers, yesterday agreed in principle to acquire…
Poland and Hungary sign up to Trans Caspian International Transport Route
Trans Caspian International Transport Route: The dream of a new “joined up” 4766km intermodal transport running from China…
China in EBRD by Christmas, as Xi plays host to East European leaders
EBRD President Sir Suma Chakrabarti believes that his bank is likely to approve Chinese membership by Christmas,…
Balkan states consider Turkish Stream extension up to Austria
Turkish Stream extension: The Foreign Ministers of Hungary, Serbia, Macedonia and Greece could sign an MoU committing them…
Hungary becomes first European country to sign up to China’s Silk Road
Hungary has become the first European company to sign up to China’s ambitions to create an…
Moscow considers relaxing ban on Greek, Hungarian and Cypriot food imports
Food imports: Following a visit to 37 agribusinesses in Greece, Cyprus and Hungary by a team…
Hungary halves Paks contract term for supply of Russian nuclear fuel
Hungary halves Paks contract term: Bending to pressure from the EU, Hungary has agreed to cut the…
Russia prepares to lift food embargo on imports from Cyprus, Greece and Hungary
Russia prepares to lift food embargo: The Russian food watchdog Rosselhoznador announced today that it is to…
Hungary eager to discuss Turkish alternative to South Stream
Hungary wants to start discussing the possibility of getting its supplies of Russian gas via the Turkish…
Hungary considers Azerbaijan for new gas supply route as alternative to South Stream
Hungary considers Azerbaijan: Following Russia’s decision to indefinitely postpone construction of the South Stream gas pipeline, Hungary…
Azerbaijan ICT Fund hooks up with Hungarian start-up specialists
Azerbaijan ICT Fund: The Hungarian investment and business services company DBH Group has signed MoUs with…
Hungary defies EU over South Stream gas pipeline
Hungary defies EU: Hungary’s parliament this week gave its approval to legislation that would pave the way for the…
Lukoil sells European petrol stations
Lukoil sells European petrol stations: Lukoil has agreed to sell its network of petrol stations in…