Business in Hungary, Budapest. Mobile Phones

1. Introduction to Hungary (EU)
2. Hungarian Economy: the largest Mobile phone producer in the EU
3. Business in Budapest
4. Hungarian Foreign Trade
5. Transport and Logistics
6. Investment in Hungary
7. Access to the Hungarian Market
8. Business Plan for Hungary

The objectives of the subject “Foreign Trade, Logistics and Business in Hungary” are the following:

1. To analyze the Hungarian Economy, Logistics and Global Trade
2. To identify business opportunities in the Hungarian Market
3. To analyze the trade relations of Hungary with the student's country
4. To know the Trade Agreements of Hungary as a member of the EU
5. To develop a business plan for the Hungarian Market

The Subject “Foreign Trade, Logistics and Business in Hungary” belongs to the following Programs taught by EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Languages: + Hungría Hongrie Hungria.

1. Credits of the Subject “Business, Trade and Transport in Hungary”: 1

Transport and Logistics in Hungary. Access to the

1. Pan-European Transport Corridor II
2. Pan-European Transport Corridor IX
3. Baltic-Adriatic Logistics Corridor

Sample:

Hungarian Preferential Access and Trade Agreements:

1. Hungary and the European Economic Area
2. European Union
   1. European Single Market
   2. The EU Services Directive
   3. European Digital Single Market
   4. European Customs Union
   5. As a member of the EU, Hungary is a beneficiary of the EU Trade Agreements
3. Commonwealth of Independent States
4. Regional Cooperation Council
5. Council of the Baltic Sea States (observer country)
6. Organization of the Black Sea Economic Cooperation (observer country)
7. Cooperation Council of Turkic Speaking States (observer country)

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention
3. Convention Harmonization of Frontier Controls of Goods
4. CIM, CIT Rail Rules
5. COTIF Convention (Rail)
6. BIC
7. Chicago Convention (ICAO)
8. International Maritime Organization (IMO)
   1. Convention for Safe Containers
   2. Istanbul Convention
9. Customs Convention on Containers
10. Hamburg Rules
11. International Road Transport Union (IRU)
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
12. CMR Convention (UN)
13. Organization for Cooperation between Railways (OSJD)
14. International Chamber of Commerce

1. European Union
2. Economic Commission for Europe (UNECE)
3. OSCE

1. Asia-Europe Meeting
2. OECD
   1. OECD anti-corruption measures
3. International Monetary Fund
4. World Bank
5. United Nations
6. World Trade Organization (WTO)
7. CPLP (observer country)

1. Hungarian Capital: Budapest
2. Official Language: Hungarian
3. Hungarian Area: 93,028 km²
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 European Economic Area.

Economy of Hungary.

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

Hungarian Foreign Trade

1. The main Hungarian Exports are machines, equipment, foods, raw materials
2. Top Hungarian export markets are Germany (28%), Italy, France, Austria, Romania, the UK, Slovakia, Poland
3. The main Hungarian Imports are machinery, raw materials, manufactured products
4. Top suppliers of Hungary: Germany (27%), China, Austria, Italy