Italian Ambassador: Italy will become Hungary’s third largest business partner
Italy will become Hungary’s third-largest business partner this year – after Germany and Austria – as trade flows between the two countries can reach 10 billion euros in 2017, Italy’s Ambassador said on Tuesday in Debrecen on the first Italian business day.
According to Massimo Rustico, there are about 2500 Italian companies in Hungary, but in the next few years they intend to intensify relations in addition to the economy in the field of education and culture as well.
He also told that Hungarian exports last year amounted to 4.5 billion euros, while Italy exported goods for 4 billion euros to Hungary. (MTI)
Related news
Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European…
Read more >Inflation accelerated in Italy in March
In Italy, instead of the 1.3 percent reported on the…
Read more >Thanks to Lidl, the bakery is expanding
As a member of the Simid Group, the Bulgarian company…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >