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May 16, 2008
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Hungary:  International Trade Web Sites

   

General Information About Hungary

Hungary:  www.cia.gov/cia/publications/factbook/geos/hu.html

Part of the CIA World Factbook, this web site provides good background information about Hungary, including geography, government, economy, people, and so on.
   

Country Briefings:  www.economist.com/countries

Country profiles, forecasts, statistics, market updates, currency, news, and more from The Economist.
   
U.S. State Department:  www.state.gov
A great source for political and economic affairs information, including Key Officers of Foreign Service Posts, Online U.S. Embassies and Consulates, Foreign Per Diem rates, Background Notes (basic country overviews), Travel Warnings, and more.

Doing Business in Hungary

Contacts in the U.S.

Country Commercial Guide:  www.buyusainfo.net/adsearch.cfm?search_type=int&loadnav=no
Full of practical data, this is a good place to start for U.S. companies wanting to expand into other markets.
   
Doing Business in Hungary:  http://www.itd.hu/
From Arthur Anderson, this guide offers information on foreign exchange rules, trade and investment incentives, economy and business climate, labor supply/relations and Hungarian accounting policy.
    
Ernst & Young Passport Online:  www.ey.com/global/gcr.nsf/EYPassport/EYPassport_Home
This site offers online searching by country, industry or language by selecting "Advanced Search."
   
Hungarian Embassy in Washington D.C.:  www.hungaryemb.org
This site provides information on setting up a business in Hungary, tax and customs systems, government incentives, economic and financial data, and more.
   
International Trade Administration:  www.ita.doc.gov
A good starting point. Follow the Trade Information Center link for basic trade and industry information.
   
U.S. Commercial Service Central and Eastern Europe:  www.buyusa.gov/hungary/en/
Allows companies to find market research, sign up for free publications, gain advice for exporting to Hungary, join a trade mission, as well as many other services.

Contacts in Hungary

American Chamber of Commerce:  www.amcham.hu
The Chamber's monthly magazine, Business Hungary, features stories on national issues and events shaping the economy. The site also has a list of US and other companies operating in Hungary.
   
Business2Hungary:  www.business2hungary.com
Developed by the Hungarian Investment and Trade Agency, this is a one-stop site for information on doing business in Hungary. In addition to business opportunities, it has an information center with accounting regulations, government incentives and taxation rules.
   
Ministry of Economy and Transport:  en.gkm.gov.hu/
Offers basic economic information as well as contacts to other governmental offices and foreign trade statistics. Click on Hungarian Economy to find information on main industrial sectors, economic analysis and labor markets.
   
Government Portal:  www.magyarorszag.hu/angol?mohu_location=C_Header
This site offers key country data as well as links to air and rail travel, embassies, media, dictionaries and more. Links to economy, culture and foreign affairs are also included.

Statistics

National Bank of Hungary:  www.mnb.hu

This site offers financial data and statistics on Hungary, the official interest rates, payment systems, etc.
   
Hungarian Central Statistical Office:  http://portal.ksh.hu/portal/page?_pageid=38,119919&_dad=portal&_schema=PORTAL
This governmental office provides the most recent economic and financial data on Hungary.

News

The Washington Post - Hungary Section:  www.washingtonpost.com/wp-srv/inatl/longterm/worldref/country/hungary.htm
This site includes currency exchange, on-line news resources, weather and links.
   
Budapest Business Journal:  www.bbj.hu
Hungary's leading English language business publication features news topics such as banking, finance, industry, trade, government, politics, and more.
   
The Budapest Sun: www.budapestsun.com
News and information about business, sports, travel, and cultural events.

Company Directories

Europages - European Business Directory:  www.europages.com
A searchable directory of 500,000 companies from 30 European countries.
   
Kompass:  www.kompass.com
Company directory with 1.6 million company listings for more than 70 countries.
   

Metasites

REES Web - Eastern European Studies Virtual Library:  www.ucis.pitt.edu/reesweb
An extensive and well-annotated collection from the University of Pittsburgh, this site can be browsed by subject, culture and region. You can enter a term for each category and search them together as well.
   
REENIC - Russian and Eastern European Network Information Center:  http://reenic.utexas.edu/reenic/countries/hungary.html
Sponsored by the University of Texas at Austin, this metasite offers general resources on Central and Eastern Europe and the former Soviet Union.


The Minnesota Trade Office (MTO) and the Department of Employment and Economic Development do not regularly review the content of these linked sites and do not endorse or accept responsibility for information presented in these sites. This is not a comprehensive list of web sites, but ones that the MTO finds useful. Corrections can be e-mailed to mto@state.mn.us

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