Report by Zahra Ayaz
A delegation of Hungarian entrepreneurs have shown significant interest in forging
partnerships with Bahraini companies across diverse sectors.
Their proposal, aimed at manufacturing goods within Bahrain, promises to open up fresh
avenues for collaboration and economic prosperity.
Led by Tamas Hovany, Chairman of Bahrain-Hungary Relations, a round table discussion
convened at the prestigious Radisson Blu Diplomat.
During the session, Hungarian businessmen unveiled their innovative concepts spanning tyre
recycling, medical equipment for kidney transplants, specialized construction for bridges and
railways, and military equipment manufacturing.
Sandor Holbok, representing the delegation, elaborated on their visit’s purpose in an exclusive
interview with The Daily Tribune.
Search for new business opportunities
“Historically, Hungary’s primary commercial partner has been Germany. However, in recent
years, Germany’s economic policies have shifted towards Russia and China, leaving Hungary in
search of new business opportunities,’ he explained.
Holbok further elaborated, “Hungary lacks natural resources, energy, metals, and fertile land for
agriculture.