Risk Management - Articles
An overview on Hungary
February 25th 2021
Hungary is located in Central Europe. It is a landlocked country bordering with Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria.
After the fall of communism in 1990, thanks to a series of economic reforms, Hungary changed from a centrally planned to a market-driven economy; adjustment to the world economy had become evident by the turn of the 21st century. Hungary’s liberal foreign investment regime attracted more than half of the entire foreign direct investment in central and eastern Europe. Currently, Hungary is still one of the most attractive countries for foreign business partners and investors. However, like any other country worldwide, also Hungary is facing threats and difficulties related to the covid 19 pandemic.
Especially in this period it is important to assess business partners and get in-depth information on any potential and actual partner, but only local providers have the specific knowledge and tools to provide the most reliable and accurate information.
Thanks to SkyMinder you will be able to order reports compiled by the most expert providers in Hungary.