Online Course: Doing Business in Hungary

EENI Business School & HA University


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Syllabus of the Online Course / Subject - Doing Business in Hungary. Budapest.

  1. Introduction to Hungary (European Union)
  2. Hungarian Economy: the largest producer of Mobile phones in the European Union
  3. Doing Business in Budapest
  4. Hungarian Foreign Trade
  5. Foreign Direct Investment (FDI) in Hungary
  6. Access to the Hungarian Market
  7. Business Plan for Hungary

The objectives of the Online Course / Subject “Doing Business in Hungary” are the following:

  1. To analyse the Hungarian Economy and Foreign Trade
  2. To evaluate business opportunities in the Hungarian Market
  3. To analyse trade relations of Hungary with the student's country
  4. To know the free trade agreements of Hungary as a member of the European Union
  5. To develop a business plan for the Hungarian Market
The eLearning Course (Subject) “Foreign Trade and Business in Hungary” is part of the following Online Higher Education Programs (Bachelors, Master of Science, Doctorates) taught by EENI Business School & HA University:
  1. Professional Doctorate: Business in Europe
  2. Professional Masters of Science (eLearning): Europe, International Business, Foreign Trade
  3. Bachelor of Science in International Trade (eLearning)

Masters and Doctorates adapted for Hungarian Students

E-learning Courses, Diplomas (Foreign Trade)

Course learning materials in Online Higher Education in English + Study Master Doctorate Business in Spanish Hungría Study, Master in International Business in French Hongrie Online Tertiary Education in Portuguese Hungria.

  1. Credits of the Online Course / Subject “Doing Business in Hungary”: 1 ECTS
  2. Duration: one week

European Union-Moldova Association Agreement





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Description of the Course / Subject (Online Learning): Doing Business in Hungary

Hungary (Europe)

  1. Capital: Budapest
  2. Official Language: Hungarian
  3. Area: 93,028 square kilometres
  4. Hungarian Population: 9.9 million people
  5. Type of Government: Democratic Parliamentary Republic
  6. Borders of Hungary: Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria

Religion in Hungary: Catholicism (Christianity)

Hungary belongs to the Western Christian Civilisation (European Economic Area)

Economy of Hungary.

  1. Hungary is a moderate-high growing economy
  2. Economic recession in 2008-2009
  3. Hungarian GDP (nominal): 132,276 million dollars
  4. The private sector generates about 80% of the Hungarian GDP
  5. GDP per capita: USD 13,200
  6. Currency: Hungarian Forint
  7. Hungary is a member of the European Union since 2004
  8. Hungary attracts ten million tourists every year
  9. Hungarian automotive sector is increasingly important. Brands like Audi, Mercedes, GM-Opel or Suzuki have factories in Hungary
  10. The Hankook tire company is also in Hungary
  11. Hungary is the main hub for the production of mobile phones in the European Union
  12. Main Hungarian products: building materials, processed foods, textiles, chemical and pharmaceutical products, cars

Hungarian Foreign Trade

  1. Main Hungarian Exports: machines, equipment, foods, raw materials
  2. Top Hungarian Export Markets: Germany (28%), Italy, France, Austria, Romania, the United Kingdom, Slovakia, Poland
  3. Main Hungarian Imports: machinery, raw materials, manufactured products
  4. Top suppliers: Germany (27%), China, Russia, Austria, Italy
  5. As a member of the European Union, Hungary is the beneficiary of the EU Free trade agreements with Moldova, Ukraine, South Korea, India, Mexico, Georgia, etc

International Economic Relations of Hungary

  1. Central European Initiative (CEI)
  2. International Chamber of Commerce
  3. Organisation for Economic Cooperation and Development (OECD)
  4. World Bank
  5. Regional Cooperation Council
  6. European Union
  7. World Trade Organisation
  8. Economic Commission for Europe (UNECE)
  9. International Monetary Fund (IMF)
  10. Group of States of the Council of Europe Convention against the corruption (GRECO)
  11. United Nations
  12. European Investment Bank (EIB)
  13. European Bank for Reconstruction and Development
  14. Organisation for Security and Cooperation in Europe (OSCE)
  15. Asia-Europe Economic Meeting (ASEM)

Examples of the Course (Subject) - Foreign Trade and Business in Hungary:
Central European Initiative (CEI), Course

European Union-Georgia Association Agreement

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