German Business Chamber Marks 25 Years In Hungary

  • 29 Jan 2018 9:00 AM
German Business Chamber Marks 25 Years In Hungary
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

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