Doing business in Hungary
Hungary is a high-growth business hub in the heart of Europe. As well as a favourable geographical location, Hungary offers a modern, liberalised business environment and is the perfect place for British companies seeking to expand their operations in central and eastern Europe. Many companies have selected the country to be their regional centre.
Hungary has a population of almost 10 million and a motivated workforce. It’s well-educated and professionally trained workforce is one of the country’s main economic advantages for UK exporters who need to staff locally.
Hungary’s economy has been extensively liberalised through privatisation, foreign direct investment and the introduction of comprehensive commercial laws. Hungary’s business culture is similar to the UK’s and English is widely spoken.
Some of the key market sectors for UK businesses looking to trade with Hungary are:
- Energy
- Life sciences
- Medicinal and pharmaceutical products
- Electrical machinery,
- Power generating machinery
What we do ..
- ITSG provide a “country desk” supplying practical on the ground support to regional businesses. We act as a direct link with overseas Embassies/Chambers of Commerce. This eliminates the need for extensive travel whilst providing the service that businesses require.
- ITSG is strategically located to service businesses in North Wales and North West England
- We have serviced Office space on Wrexham Industrial Estate.
- ITSG operates on a country specific basis, focussing on markets that we know and have experience in. We do not offer an international “scatter gun approach”
- We have extensive knowledge of local businesses
- We have access to all sizes of business with multi sector experience and contacts
- All of our specialists have worked within the public and private sector. We co-operate with Welsh Govt, DIT and other government agencies.
Contact: Keith@itsgworld.com (07707 471545) Clive@itsgworld.com (07871 169572)