Hungary

Hungary is a landlocked country in Central Europe bordered by Austria, Slovenia, Croatia, Serbia, Romania, Ukraine and Slovakia. The official language is Hungarian, which is the most widely spoken Uralic language in the world, and among the few non-Indo-European languages to be widely spoken in Europe.

The Austro-Hungarian Empire collapsed after World War I, and the subsequent Treaty of Trianon established Hungary's current borders. The country gained widespread international attention as a result of its 1956 revolution and the seminal opening of its previously-restricted border with Austria in 1989, which accelerated the collapse of the Eastern Bloc. On 23 October 1989, Hungary became a democratic parliamentary republic.

Hungary is an export-oriented market economy with a heavy emphasis on foreign trade (35th largest export economy in the world). FDI inflows rose to EUR 4.3 billion in 2018, with Germany accounting for nearly half of investments. The targeted industry of FDI is shifting from low-value textile and food-processing sectors to wholesale, retail trade and repair of vehicles.
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