Hungary is located in Central Europe and bordered by Slovakia to the North, Romania to the East, Serbia to the South, Croatia to the Southwest, Slovenia to the West, Austria to the Northwest, and Ukraine to the Northeast.
Hungary’s main economic sector is services, especially tourism. The services sector contributes to nearly two-thirds of GDP and employs about 65% of the workforce.
Ideally located in Europe, the country benefits from a sophisticated IT and telecommunications infrastructure and is also renowned for its highly educated workforce. These characteristics attract internationals investors and one-third of central Eastern Europe service centers are set up in Hungary.
France is Hungary’s fourth-largest investor, with 2.7bn euros invested in 2016, and more than 350 companies employing around 43,000 Hungarians. France-Hungary’s bilateral trade amounted to 7.3bn euros in 2016, with a 937mn euros trade deficit on the part of France.
In this context, Simon Associés entered into a strategic alliance agreement with Szecskay Attorneys At Law.
The law firm’s strongest areas are in business law are: Corporate & M&A; Banking & Capital Markets; Litigation & Arbitration; Competition law; Energy & Environment; Consumer Protection; Life Science; IP and Innovation; Labour law; Real Estate Development; Tax law.
Szecskay Attorneys At Law is a fully-fledged business law firm, constantly top-ranked in all major legal rankings publications (IFLR, Chambers, Legal 500).