Russian region of Yugra promotes business ties

Int’l Relations

The government of Hungary is working to strengthen its business cooperation with the Russian region of Yugra, the Russian press said today. Hungarian Council General Sándor Molnár met today with Natalia Komarova, the governor of Yugra, in the city of Yekaterinburg, where the two discussed economic cooperation, the reports said.

The two sides agreed on strengthening cooperation in the tourism and agro-industrial sectors, as well as organizing a visit by Russian regional entrepreneurs to Hungaryin 2015, with the goal of developing innovative technologies.

The Yugra governor also invited Hungarian partners to participate in international projects and economic forums that will take place in the region.

Molnár reaffirmed Hungary's interest in strengthening business ties with Russia, despite the deteriorating relations between Russia and the EU.  “We hope that Russian sanctions won’t affect the cooperation between two countries”, the council was quoted as saying by Russian media.

Hungary and Yurga had already established cooperation in the sphere of science and education in previous years. Foreign trade turnover between Yugra and Hungary is said to amount to $24 bln.


Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500


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.