Special Supplement: Hungary: Gateway to Europe for Chinese business
If he could send a telegram to all Chinese investors telling them why they should invest in Hungary, Gyorgy Retfalvi, CEO of Hungarian investment agency ITDH (Hungarian Investment and Trade Development Agency) would cable them the following message: "Hungary is the bridge for you to establish manufacturing and distribution in Europe."
Hungary offers countless advantages to foreign businesses, but among the most important is its strategic location in the heart of Europe. It provides an ideal base for investors looking to tap more distant markets or planning further expansion within Central Europe or the European Union (EU).
As a result of Hungary's accession to the EU on May 1 2004, investors in the country find themselves in a single market of 493 million consumers with enormous potential for developing new markets and new horizons.