• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Hungary opens four trading houses in RussiaHungary opens four trading houses in RussiaHungary opens four trading houses in RussiaHungary opens four trading houses in Russia
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Daily News · 19/02/2015
· Business

Hungary opens four trading houses in Russia

Ministry of Foreign Affairs Russia

Hungary opens four trading houses in Yekaterinburg, Kazan, Rostov and St. Petersburg announced Minister of Foreign Affairs and Foreign Economic Relations Péter Szijjártó in a Kossuth Radio interview on Wednesday.

The trading houses help Russian and Hungarian small and medium sized enterprises to develop market share and cooperate with each other said the foreign minister.

The expansion of economic and trade relations between the two countries are particularly timely, because due to sanctions imposed last year on Russia by the European Union, Hungarian exports to Russia fell by 14 percent representing a loss of $ 400-450 million.

Hungary asked the Russian side to revive the Magnit investment project, which was agreed on before the sanctions imposed on Russia hoping that peace eventually will come to Ukraine and the resolution of the Ukrainian crisis will settle Russian-European relations as well said the politician.

Szijjártó announced in December 2013 that Magnit, Russia’s largest retail chain will establish a transport company in Hungary along with 1000 trucks and supporting infrastructure creating about 1,500 new jobs in Eastern Hungary.

based on artcile of oroszhirek.hu
translated by hungarianambiance.com

Source: http://hungarianambiance.com

Ministry of Foreign Affairs Russia
Share
Daily News
Daily News

Related posts

Hungarian forint state budget
29/05/2022

Zloty to strengthen, koruna to remain stable, forint to get weaker?


Read more
Jakots Orsolya Exagent Group
28/05/2022

How to make a rock-solid pitch to the investors? Here are some tips for startups 


Read more
wizz air plane
28/05/2022

Hungarian Wizz Air to increase prices because of extra taxes?!


Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
Latest news
  • Zloty to strengthen, koruna to remain stable, forint to get weaker?
  • Close to 11,000 refugees arrive from Ukraine on Friday
  • Horrible accident at Hungarian airport: one person died – PHOTOS
  • Hungary is home to almost 35,600 international students

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....