As a demonstration of further expansion into the American market, Hungary opened a trade house in New York in the early days of May. It will serve as a new gateway for Hungarian companies in the United States. Officials consider more offices to set up elsewhere in the country.
The Hungarian Ministry of Agriculture says direct effects of the Russian measures on Hungarian agricultural exports are negligible, and primarily cause actual difficulties only to enterprises that export exclusively or to a major extent to Russia.
The Fair Trade movement of marketing goods from underdeveloped countries and regions serves as a model for a web marketplace to be launched by the Hungarian Solidarity Club to support underprivileged people in Hungary.
The chemical company has utilized its growth potential to the greatest extent possible.
Responsible hospitality is needed in the crisis, according to Mathieu van Alphen, General Manager of Hotel Intercontinental Budapest.
The Israeli official in charge of economic and business relations between Israel and Hungary says the all-time largest volume of bilateral trade between Hungary and Israel, worth USD 514.1 million, was registered in 2008.
