Set right in the heart of the Carpathian basin Hungary can be an attractive proposition to many UK businesses looking to widen their European net as it’s the gateway to the Central and Eastern Europe region (CEE).
Other economic factors to note are that inflation was set at a record low in 2014 at 0.0% with core inflation at around 1%, and Gross Domestic Product (GDP) growth for 2015 is forecast at 2.8%, but is expected to slow down in 2016 to 2.2%.
The UK is currently the seventh largest investor in Hungary, mainly for retail, telecommunications and professional services sectors.
So if you’re thinking of doing business in Hungary, keep in touch with clients or colleagues by setting up a regular teleconference, or conference call – it’s not only cost-effective, it’s convenient – requiring nothing more than a landline or mobile phone.
And here’s how to set up a conference call in just a few easy steps…