Business partner Hungary Business partner Hungary Hungary officially in English the Republic of Hungary is a landlocked country in Central Europe, bordered by Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, and Slovenia. Its capital is Budapest. Hungary continues to demonstrate economic growth as one of the newest member countries of the European Union. In the late 1980s, Hungary led the movement to dissolve the Warsaw Pact and shifted toward multi-candidate democracy. On October 23, 1989, Mátyás Szûrös declared the Third Hungarian Republic and became interim President. Hungary's first free elections were held in 1990. Following the collapse of the Soviet Union in 1991. Approximately slightly more than one half of Hungary's landscape consists of flat to rolling plains of the Carpathian Basin: the most important plain regions include the Little Hungarian Plain in the west, and the Great Hungarian Plain in the southeast. The highest elevation above sea level on the latter is only 183 metres. For 95% of the population, mostly Hungarians, the mother tongue is Hungarian, a Finno-Ugric language unrelated to any neighbouring language and distantly related to Finnish and Estonian.

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