Business in Hungary, Budapest. Mobile Phones
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Hungarian Foreign Trade, Logistics. Hungary: EU largest producer of mobile phones
Hungary is a moderate-high growing Economy
Hungarian automotive sector is increasingly important.
Brands like Audi, Mercedes, GM-Opel or Suzuki have factories in Hungary
Hungary is the main hub for mobile phones production in the European Union
Christianity & Business
Subject Syllabus
Introduction to Hungary (EU)
Hungarian Economy: the largest Mobile phone producer in the European Union
Doing Business in Budapest
Hungarian Foreign Trade
Transport and Logistics
Investment in Hungary
Access to the Hungarian Market
Business Plan for Hungary
Objectives
The educational aims of the Subject “Foreign Trade, Logistics and Business in Hungary” are:
To analyze the Hungarian Economy, Logistics and Global Trade
To conduct research on business opportunities in the Hungarian Market
To research the trade relations of Hungary with the student's country
To know Trade Agreements of Hungary as a member of the European Union
To develop a business plan for the Hungarian Market
Academic Programs
International Trade, Logistics and Business in Hungary
Logistics Corridors
Trade Agreements
Hungarian Preferential Access and Trade Agreements:
Hungary and the European Economic Area
European UnionEuropean Single Market
The European Union Services Directive
European Digital Single Market European Customs Union
As a member of EU, Hungary is a beneficiary of EU Trade Agreements
Commonwealth of Independent States
Regional Cooperation Council
Council of the Baltic Sea States (observer country)
Organization of the Black Sea Economic Cooperation (observer country)
Cooperation Council of Turkic Speaking States (observer country)
Trade Facilitation
World Trade Organization (WTO)
Agreement on Trade in Services (GATS)
Agreement on Sanitary Measures
Agreement on Technical Barriers to Trade
Agreement on Preshipment Inspection
Agreement on Safeguards
Trade Facilitation Agreement
World Customs Organization (WCO)
Kyoto Convention
Convention Harmonization of Frontier Controls of Goods
CIM, CIT Rail Rules
COTIF Convention (Rail)
BIC
Chicago Convention (ICAO)
International Maritime Organization (IMO)
Convention for Safe Containers
Istanbul Convention
Customs Convention on Containers
Hamburg Rules
International Road Transport Union (IRU)
TIR Convention
Guidelines on Safe Load Securing for Road Transport
CMR Convention (UN)
Organization for Cooperation between Railways (OSJD)
International Chamber of Commerce
European Institutions
European Union
Economic Commission for Europe (UNECE)
Organization for Security and Cooperation in Europe (OSCE)
Asia-Europe Meeting
OECD
OECD anti-corruption measures
International Monetary Fund
World Bank
United Nations
World Trade Organization (WTO)
CPLP (observer country) Hungary
Hungarian Capital: Budapest
Official Language: Hungarian
Hungarian Area: 93,028 km²
Hungarian Population: 9.9 million people
Type of Government: Democratic Parliamentary Republic
Borders of Hungary: Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria
Religion in Hungary: Catholicism (Christianity).
Hungary belongs to the European Economic Area.
Economy
Economy of Hungary .
The private sector generates about 80% of the Hungarian GDP
Currency of Hungary: Hungarian Forint
Hungary is a member of EU since 2004
Hungary attracts ten million tourists every year
Hankook tire company is also in Hungary
Main Hungarian products: building materials, processed foods, textiles, chemical and pharmaceutical products, cars
Global Trade
Hungarian Foreign Trade
Main Hungarian Exports are machines, equipment, foods, raw materials
Top Hungarian export markets are Germany (28%), Italy, France, Austria, Romania, the UK, Slovakia, Poland
Main Hungarian Imports are machinery, raw materials, manufactured products
Top suppliers of Hungary: Germany (27%), China, Austria, Italy (c) EENI Global Business School (1995-2025)
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