Survey: More Japanese companies in Hungary

An annual survey by the Japan External Trade Organization (JETRO) revealed a slight increase in the amount of Japanese-owned companies operating in Hungary, according to a press release issued yesterday.
As of June, 151 Japanese-owned companies, including 46 manufacturers, were operating in the country, compared to 147 total and 47 manufacturers last year, the press release said.
Exports by Japanese companies in the country accounted for about 5.5% of total Hungarian exports in 2015, for a value of EUR 5bln, the press release noted.
For the first time, Japanese companies are employing more than 30,000 people in the country, the survey also revealed, according to the press release.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.