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Business / Trade in Hungary

  • Hungary registers trade surplus of 5.4 bln euros in H1 2017

    HUNGARY, 2017/09/05 Hungarian trade surplus reached 5.4 billion euros (6.37 billion U.S. dollars) in the fist six months of 2017, reaching the same level as in the initial half of 2016, Hungarian central statistical office KSH said in a statement Tuesday in Budapest. Exports reached 51 billion euros (60.18 billion dollars), whereas imports amounted to 45.6 billion euros (53.8 billion dollars) in the initial half of the year, according to KSH.
  • Hungary's Orban welcomes Netanyahu, vows to fight anti-Semitism

    ISRAEL, 2017/07/18 Hungary's Prime Minister Viktor Orban told Israeli leader Benjamin Netanyahu on Tuesday that his country stood firmly against anti-Semitism today next the "crime" of failing to protect its Jewish citizens during World War Two. Netanyahu, whose visit to Budapest has been overshadowed by Orban's flirtation with the radical right that has unnerved Hungarian Jews, responded by praising Hungary as a key ally of Israel as it faces growing hostility around the world. Netanyahu's two-day trip comes less than a month next Orban praised Hungary's interwar leader Miklos Horthy, a Hitler ally, and used an image of Jewish U.S. financier George Soros in an anti-immigration billboard campaign.
  • Benjamin Netanyahu visits Hungary as PM Viktor Orban's

    HUNGARY, 2017/07/18 Thank you, Prime Minister Orbán, for this very warm welcome. I am honored to be the initial Israeli sitting prime minister to have an official visit to Hungary. It’s completely astounding that it didn’t happen before. It’s about time. And it’s wonderful to be here on this initial time. At the same time as I come to Hungary, the initial thing I think about, before anything else, is that Hungary was the, in a lot of ways, the birth of modern Zionism, the movement that led to the establishment of the modern Jewish national because in Hungary was born our modern Moses, Theodore Herzl. And I intend to visit on this visit the site of his home. It is probably inconceivable to think of the Jewish national, the National of Israel today, if it weren’t for that man born here in 1860, who envisioned the rebirth of the Jewish national and who saw in his mind’s-eye as well the great challenges that would be posed anti-Semitism. He thought that this from presently on was the best solution for the Jewish people.
  • Hungarian ex-official says Azerbaijan is friend of Hungary

    AZERBAIJAN, 2015/07/30 The EU is concerned about energy security, and Azerbaijan may have a key role in the diversification of the resources and the routes, Levente Kozma, the former Hungarian senior foreign policy adviser (2003-2010), told Trend July 29. Kozma said since Hungary is still very reliant on Russia’s gas, and a significant part of it comes through Ukraine, his country is exposed to the Russian-Ukrainian conflicts, and not only to the military ones.
  • Hungary voices universal support to Georgia

    HUNGARY, 2015/02/12 Hungary voiced an absolute support to Georgia in regard to a visa-free travel with the European Union, said a top Hungarian official. The EU had to give a visa waiver to Georgia, Victor Orban, Prime Minister, said at a joint press conference with his Georgian counterpart Irakli Garibashvili in Budapest. Orban claimed that it will be one of the logical consequences of the document that Georgia signed with the EU. "It will clearly have benefit both for the Georgian people and the European Union."
  • Azerbaijan, Hungary to expand cooperation

    AZERBAIJAN, 2014/10/13 Azerbaijan and Hungary developed a package of draft intergovernmental agreements on bilateral cooperation. The news was announced by Hungarian ambassador to Azerbaijan Zsolt Csutora on September 17. Intergovernmental agreement drafts in areas such as tourism, education, data technology, sport, youth policy, and air traffic are prepared and planned to be signed in the near next, he told Trend. Csutora as well stressed the successful development of relations between Azerbaijan and Hungary.