Hungary joined the European Union on May 1, 2004. The accession was a tremendous step toward opening up a combined European market of 570 million consumers, while maintaining previous economic relations with Central and Eastern European neighbors, such as Ukraine, Russia, Rumania, and Yugoslavia.

The Accession process
The accession process requires that the candidates adopt the common body of EU law which governs foreign policy, specifically, movements of goods, persons, and capital, as well as transportation, telecommunications, and the environment. Accession represents a commitment for Central and Eastern European countries who urgently need to overcome political and economic barriers, and the legacy of decades of communist rule.

The accession has created a unique opportunity for US companies, particularly those with expertise in IT, telecommunications, infrastructure, energy and environmental technologies.

In order to keep US companies informed, and represent their interest in the new European Union, the Chamber plans to open an office in Budapest. Working together, we'll have first hand information about the new business opportunities for US firms.

We invite you to join a group of companies that will  benefit from Hungary's EU accession, and become a supporter of this initiative. We can represent you, be on the lookout for new business opportunities related to your industry, keep you informed, and assist you in facilitating introductions and meetings with appropriate companies and organizations.

Please contact us if you have questions or would like more information.

Phone: 508-347-2742
Email: sophialengyel@cs.com