Hungary’s exports to Germany reached €20 billion, and German direct capital investments in Hungary topped €20 billion, last year, state secretary of National Economy Ministry, Zoltan Cséfalvay, said at a conference on Thursday in Munich. German direct capital invested in Hungary since 1989 reached €20.8 billion, Cséfalvay said. At the conference, staged on the 40th anniversary of diplomatic relations between Hungary and the Federal Republic of Germany, Cséfalvay said that the €20 billion exports to Germany last year made a quarter of Hungary’s total exports, and was equivalent with Hungary’s exports to all non-EU markets.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
