Economic Development

Business risks and opportunities in Hungary

March 18, 2015

Europe

March 18, 2015

Europe
Martin Koehring

Senior Manager for Sustainability, Climate Change and Natural Resources & Head of the World Ocean Initiative

Martin Koehring is senior manager for sustainability, climate change and natural resources at (part of The Economist Group). He leads Economist Impact's sustainability-related policy and thought leadership projects in the EMEA region. He is also the head of the, inspiring bold thinking, new partnerships and the most effective action to build a sustainable ocean economy.

He is a member of the Advisory Committee for the UN Environment Programme’s Global Environment Outlook for Business and is a faculty member in the Food & Sustainability Certificate Program provided by the European Institute for Innovation and Sustainability.

His previous roles at The Economist Group, where he has been since 2011, include managing editor, global health lead and Europe editor at The Economist Intelligence Unit.

He earned a bachelor of economic and social studies in international relations from Aberystwyth University and a master’s degree in diplomacy and international relations from the College of Europe.

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Hungary also benefits from a favourable corporate tax regime.

However, the risk of arbitrary legislation, such as sector-specific special taxes on large (mostly foreign-owned) businesses remains a problem. The government is actively supporting the manufacturing industries. Other sectors, such as film production and shared service centres, also benefit from tax credits. As in the Czech Republic, the funding environment for SMEs is improving.

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