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Russia vs. Hungary

Russia vs. Hungary. Merle Schulze G á bor Varga Mark Balazs Nagy Szilvia Prandovszki Fruzsina Beres-Deak. Agenda. 1. Where are the countries placed? 2. Hungary 2 .1. Facts 2.2. Culture 2 .3. Economy 2.4. Transportation 3. Russia 3 .1. Facts 3 .2. Culture 3 .3. Economy

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Russia vs. Hungary

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  1. Russia vs. Hungary Merle Schulze Gábor Varga Mark Balazs Nagy Szilvia Prandovszki Fruzsina Beres-Deak

  2. Agenda 1. Where are the countries placed? 2. Hungary 2.1. Facts 2.2. Culture 2.3. Economy 2.4. Transportation 3. Russia 3.1. Facts 3.2. Culture 3.3. Economy 3.4. Transportation 4. Hofstedes 5 dimensions 5. Summary

  3. 1. Where are the countries placed? Total area: 93.030 km2 Population: 9.942.000 Total GDP: 99 876 million € Total area: 17.075.400 km2 Population: 143.300.000 Total GDP: 1329 billion €

  4. 2. Hungary

  5. 2.1. Facts Official language: Hungarian Capital city: Budapest (population:1,7 m.) Currency: Hungarian Forint (Ft) 300 Ft = 1 € Member of the EU since 2004

  6. 2.2. Culture Tradition: buildings, carvings, thermal bath, folk dance, famous ceramics (Herendi, Black plottery) Food: prefer hot meals and use a lot of pepper (goulash and soups) Drinks: Pálinka, wine(Tokaj), Unicum, sodawater

  7. 2.3. Economy Medium-sizedin Europe Private sector accounts for more than 80% of the Hungarian GDP Main sectors: Agriculture(Great Plain), Health care(famousdoctors), Industry, Automobile production(Audi, Mercedes, Suzuki, Opel), Services, Tourism(Balaton, Budapest, Hortobágy)

  8. 2.4. Transportation Roads: 31 628 km Railways: 7 183 km Harbours: 6 Airports: 2 (Budapest, Debrecen)

  9. 3. Profile of Russia

  10. 3.1. Facts Official Language: Russian Capital City: Moscow (population:11,5m.) Currency: RussianRuble (RUB) 41 RUB = 1 € Member of World Trade Organisation (WTO)

  11. 3.2. Culture Tradition: Samovar, Matrjoska puppets, Balalajka, Cyrillic script Food: Blini, black bread, pirog, soups Drinks: Vodka, Champagne, Bingos, ardent spirits, Black tea, strong coffee

  12. 3.3. Economy Import tariff: 7,8% (WTO) The main import products: machines and equipment, medicines, foods Hungary is 20th most important trade partner InMoscowtheincome is twiceashighasinthe country Marketing limitation : packaging mustnotbe colored Advertisementsince 1995

  13. 3.4. Transportation Roads: 776.000 km Railway: 87.157 km Harbour: 24 Airports: thereare more thanthousandsbut 50 of themarethebusiest

  14. 4. Hofstede’s 5 dimensions

  15. 4. 1. Power distance

  16. 4.2. Individualism

  17. 4.3. Masculinity / Femininity

  18. 4.4. Uncertaintyavoidance

  19. 4.5. Long termorientation

  20. 5. Summary

  21. 6. Conclusion Get the partners trust to work withthem Old relationshipswithRussia Arriveintimetothenegotiation Export productscould be: machines and equipment, medicines, foods Experienced transporter

  22. Russia vs. Hungary Merle Schulze Gábor Varga Mark Balazs Nagy Szilvia Prandovszki Fruzsina Beres-Deak

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