• Home
• Channel: Business
• German Business Chamber Marks 25 Years In Hungary

German Business Chamber Marks 25 Years In Hungary

• 29 Jan 2018 9:00 AM

The German-Hungarian Chamber of Industry and Commerce (DUIHK) launched its 25th year at an event on Thursday. DUIHK chairman Dale A Martin said the chamber would focus on ties between Germany and the region in its jubilee year.

He noted that the Visegrad Group -- Hungary, the Czech Republic, Poland and Slovakia -- are a bigger market for Germany than even the United States, and they account for the third-largest investment volume by German companies.

Economy Minister Mihály Varga said more than 3,200 German-owned companies employ some 200,000 people in Hungary. These companies generate almost one-quarter of the country’s GDP, he added.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

MTI photo: Máthé Zoltán

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• German Business Chamber In Hungary

Explore More Reports

Expat Business in Hungary: Chamber of Commerce Corner, September 6

• 11 Sep 2024 6:55 AM

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information and to register for specific events, visit the organizing chamber’s website.



GDP Growth in Hungary Could Hit 5% in 2025, Says Minister at Business Chambers Forum

• 11 Sep 2024 5:56 AM

The Business Chambers Forum, a body established with the coordination of the National Economy Ministry to consult on economic policy, convened on Tuesday.



Winner of Expat CEO in Hungary for 2024 Announced

• 24 Mar 2024 5:21 AM

Chresten Bruun, general manager & senior vice president, EMEA Manufacturing in the Lego Group, won the Expat CEO of the Year title at the Budapest Business Journal’s annual awards gala, which was held for the 10th time on March 23 in the Grand Ballroom of the Corinthia Hotel Budapest.



Pessimism Grows Among German Companies in Hungary

• 28 Apr 2023 9:40 AM

The proportion of German companies in Hungary that would again invest in Hungary has fallen to 79% from 88% a year earlier, according to a survey conducted by the German-Hungarian Chamber of Industry and Commerce.