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Hungary - area profile
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Budapest's investment climate
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Office space market expands fastest in five years in 2006
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The rental hunt on again in Hungary
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Did you know?
Hungarian embassies abroad

Budapest panorama
Hungary - area profile
Full name: Republic of Hungary / Short version: Hungary
Full nam in local language: Magyar Köztársaság / Short version: Magyarország
Location: Central Europe
Time: GMT + 1 (GMT + 2 from last Sunday in March to last Sunday in October)
Area: 93,030 sq km (35,919 sq miles) • Population: 9.8 million (UN, 2005)
Population density: 92 per sq km
Capital: Budapest Population: 1.8 million (2005)
Language: Hungarian (Magyar) is the official language. German and English are widely spoken. Some French is also spoken, mainly in western Hungary.
Religion: 52 per cent Roman Catholic, 16 per cent Calvinist, 3 per cent Lutheran. Christian, Eastern Orthodox and Jewish minorities. There is no official national religion.

Government: Republic Head of State:
President Laszlo Solyom since 2005
Head of Government: Prime Minister Ferenc Gyurcsany since 2004

Life expectancy: 68 years (men), 77 years (women) (UN)
Monetary unit: Forint (HUF)
Main exports: Machinery and transport equipment, foodstuffs, chemicals
GNI per capita: US $10,030 (World Bank, 2006) • Internet domain: .hu
International dialling code: +36
Electricity: 220 volts AC, 50Hz. European-style two-pin plugs are used
Public holidays in 2007
Jan 01 2007
New Year´s Day
Mar 15 2007
1848 Revolution memorial day
Apr 08 2007
Apr 09 2007
Easter Monday
May 01 2007
Labour Day
May 06 2007
Mother´s Day (HU)
May 27 2007
May 28 2007
Whit Monday
Aug 20 2007
Foundation Day / St. Stephen´s Day
Oct 23 2007
1956 Revolution memorial day / Proclamation of the Republic
Nov 01 2007
All Saints´ Day
Dec 02 2007
First Advent
Dec 09 2007
Second Advent
Dec 16 2007
Third Advent
Dec 23 2007
Fourth Advent
Dec 25 2007
Dec 26 2007
2nd day of Christmas
Dec 31 2007
New Year´s Eve

Hungary and EU Accession

On 1 May 2004 Hungary became a full member of the European Union. Ten years earlier, in 1994, Hungary was the first of the Central and Eastern European countries to apply for EU membership. The negotiation process was launched in 1998 and since then Hungary has met the economic requirements of the accession and brought its legal system fully in line with the acquiesce of the EU.

All the laws that may potentially concern foreign investors have already been brought into line with the EU regulations, with the exception of certain environmental protection issues. With the EU’s financial assistance, Hungary aspires to close the gap between its level of development as a new member country and the EU average. The Hungarian government has been working on the establishment of the physical and legal infrastructure, which will enable the country to most effectively channel the EU sources, as well as to complement these sources with domestic funds.

Useful contact details

Hungarian embassies abroad


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