Trade houses could help raise exports by HUF 100 bn
Budapest, February 21 (MTI) – Hungary’s opening to the East is likely to boost the country’s exports by 100 billion forints (EUR 320m) within a year, the head of the National Trade House Company (MNKH) told Friday’s business daily Vilaggazdasag.
Demand is strong for health equipment and frozen vegetables, Gyorgy Kerekes said. MNKH’s trade houses have also placed an emphasis on the export of services in the areas of environmental and water management, intelligent city development, and engineering and IT, he added.
The MNKH, which was established by the state and is minority-owned by the Hungarian Chamber of Commerce and Industry (MKIK), has set up trade houses in Astana, Baku, Moscow, Beijing and Abu Dhabi.
Kerekes told the paper that at least eight trade houses will be opened this year. The expansion in Asia will continue, but MNKH will also turn to South America and Africa, he added.
Photo: hetivalasz.hu
Source: http://hungarymatters.hu/