News

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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Investment Environment in Hungary

18 September 2018
Biró Krisztina
We have prepared our latest investment presentation for Japanese companies interested in business opportunities in Hungary. We provide information about the economy and most important industries of Hungary and the CEE region. We show in which areas we see potential. We introduce the services of our company for potential investors. The material (in Japanese) is […]
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BMW to build giant plant in Debrecen

1 August 2018
Biró Krisztina
German car maker BMW is preparing to build a more than EUR 1 billion plant in Debrecen, eastern Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Tuesday. The plant will have capacity to turn out 150,000 conventional and electric vehicles a year, employing more than 1,000 once production starts. BMW will assume […]
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EU signs its biggest free trade deal with Japan

23 July 2018
Biró Krisztina
The European Union and Japan have signed one of the world's biggest free trade deals, covering nearly a third of the world's GDP and 600 million people. One of the biggest EU exports to Japan is dairy goods, while cars are one of Japan's biggest exports. The move contrasts sharply with actions by the US […]
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Free trade with Japan is also in the interests of the European Union and Hungary

18 June 2018
Biró Krisztina
“Rapid and comprehensive changes are going on within global politics and the global economy; old friendships are being broken and alliances of interests that previously seemed unlikely are coming into being. In such a turbulent period, it is in the interests of both the European Union and Hungary to forge alliances”, Minister of Foreign Affairs […]
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