News

Yusen Logistics opens new office in Koper, Slovenia

16 September 2019
Biró Krisztina
Hungary-based Yusen Logistics has opened a branch office in Koper, Slovenia, to support its efforts to further expand its presence in Europe. Yusen Logistics believes that the site is strategically well located, as the southern part of Central Eastern Europe — Austria, Hungary, Slovakia, Croatia and Romania — is well covered in terms of sea […]
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Japan’s Toyo Tyre to invest 390 million euros in Serbia

2 August 2019
Biró Krisztina
Japanese car parts manufacturer Toyo Tyre has announced that it will establish a new manufacturing plant in Indjija, northern Serbia, with an investment of more than 390 million euros. “Toyo Tire is supplying tires for the European and Russian markets from factories in Japan and Malaysia. (…) The new manufacturing base in Serbia will take […]
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Japanese company Toray to realise 127-billion-forint investment in Nyergesújfalu

19 July 2019
Biró Krisztina
Japanese-owned Toray Industries Hungary Ltd. is constructing a plant for the production of the separator films used in lithium ion batteries in Nyergesújfalu, with an investment of 127 billion forints (EUR 389 million), Minister of Foreign Affairs and Trade Péter Szijjártó announced on Friday at the location of the new plant. Mr. Szijjártó told reporters […]
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Our success story: Hungarian IT service supports Japanese reforms

9 April 2019
Biró Krisztina
Sudy & Co., Ltd. proudly announces the result of many years of work: JobCTRL Inc. (Hungary) and Cross Point Solutions Co., Ltd. (Japan) have signed a distribution agreement. JC360, the product of the Hungarian IT company will support Japanese companies in reforming their operations by analyzing processes and increasing efficiency. One of the first major […]
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Linked Together for 150 Years: Hungary and Japan

4 April 2019
Biró Krisztina
A Sűdy és Társa Kft. nagy örömmel osztja meg a hírt, hogy megjelent a Keleti Üzleti Akadémiai Központ (OBIC) legújabb kiadványa: “Linked Together for 150 Years: Hungary and Japan”. A kötet bemutatja azokat a japán társadalmi és gazdasági trendeket, amelyek hazánk szempontjából is fontosak. Bár megjelenésének apropója a japán-magyar diplomáciai kapcsolatok felvételének 150. évfordulója, hangsúlyozzuk, […]
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S&P upgrades Hungary to ’BBB’; outlook ’stable’

18 February 2019
Biró Krisztina
Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB", two notches over the investment grade threshold, with a "stable" outlook, news wire MTI reported. S&P raised its long- and short-term foreign and local currency sovereign credit ratings on Hungary to "BBB/A-2" from ’"BBB-/A-3". "The upgrade […]
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EU-Japan trade agreement enters into force

4 February 2019
Biró Krisztina
The Economic Partnership Agreement (EPA) between the EU and Japan entered into force on 1 February 2019. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world. The Economic Partnership Agreement removes the vast majority of the €1 billion of duties paid annually by […]
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Nissan to Develop its European Financial Centre in Budapest

8 January 2019
Biró Krisztina
Nissan decided to expand its Central and Eastern European regional network. Operating as the centre of this network for as long as one year, the Budapest office is going to support the financial, accounting and invoicing processes of the two European manufacturing units of the company. It also entails the employment of 71 further employees […]
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The Japan Times - Hungary Report 2018

14 November 2018
Biró Krisztina
In 2019, Hungary and Japan will be celebrating 150 years of diplomatic relations. We not only cherish our ties going back to 1869, but we are also proud of how deep our cooperation has been over the past centuries. Japan is our strategic partner in the region, with whom we cooperate closely — not only […]
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