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United States Trade Hungary

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BUSINESS
January 9, 1992 | Cristina Lee / Times staff writer
FileNet Corp., a Costa Mesa manufacturer of computerized document imaging and storage systems, will make its first foray into Eastern Europe when it signs a distributorship agreement with a Hungarian software developer Friday. The Budapest company, Computer Media Corp., has paid $250,000 for a FileNet system. Zsolt Gerl, Computer Media's president and chief executive, said this will be the first system of its kind in Hungary. The company plans to adapt the system to the Hungarian language.
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NEWS
January 23, 1990 | ART PINE, TIMES STAFF WRITER
The Bush Administration, bowing to pressure from America's major allies, has agreed to back a gradual easing of restrictions on the sale of Western goods and technology to Eastern Europe in response to the rapid political changes there, officials said Monday. The decision, made at a meeting of the National Security Council, initially will affect only the sale of some advanced computers, machine tools and telecommunications equipment to Poland and Hungary.
BUSINESS
November 20, 1991 | GREGORY CROUCH, TIMES STAFF WRITER
ICN Pharmaceuticals announced Tuesday that a second European nation has approved its drug ribavirin for use in treating the AIDS virus. Hungary's National Institute of Pharmacy in Budapest follows Ireland's health authority in allowing HIV-infected patients to be given ribavirin, also known by the trade name of Virazole. This approval comes 2 1/2 years after ICN ceased efforts to win permission from the U.S.
BUSINESS
May 30, 1990 | Cristina Lee, Times staff writer
Microcomputer Marketing of Irvine has signed a marketing agreement with PONT, a Hungarian manufacturer of computer monitors and engineering measurement devices, to sell PONT's 20-inch color monitors in the United States starting this fall. The monitors will be assembled by PONT from parts made in South Korea, Taiwan and Hungary. PONT is a small engineering company founded in 1983. The monitors will sell for less than $4,000, said David J. Stephenson, president of the Irvine firm.
BUSINESS
May 21, 1991 | Cristina Lee, Times staff writer
Trade Mission: The World Trade Center of Orange County plans to lead a two-week trade mission to three European countries this fall. The mission will bring 25 business people from Orange County to Hungary, Czechoslovakia and Germany. Victoria Biagiotte, the group's membership services manager, said the European mission will focus on opportunities for Southland companies to export environmental and medical products to the three countries.
NEWS
October 27, 1989 | From Times Staff and Wire Reports
The United States has granted Hungary most-favored-nation trading status on a permanent basis. At a Rose Garden ceremony, President Bush said that Hungary has honored its pledge of economic and political reforms. He then signed documents that make Hungarian products available in the United States without major restrictions. Hungary already had the status on a conditional basis.
NEWS
September 19, 1989 | JAMES GERSTENZANG, Times Staff Writer
President Bush, in a measure intended to lend badly needed U.S. financial support, announced Monday that Hungary will be granted two major trade concessions as it undertakes extensive political and economic reforms.
NEWS
July 13, 1989 | JACK NELSON and JAMES GERSTENZANG, Times Staff Writers
In a striking example of how communism is crumbling in Eastern Europe, President Bush went before an enthusiastic audience at Karl Marx University of Economics here Wednesday and outlined a seven-point program to aid Hungary in its efforts to develop free enterprise and a more open political system.
BUSINESS
May 21, 1991 | Cristina Lee, Times staff writer
Trade Mission: The World Trade Center of Orange County plans to lead a two-week trade mission to three European countries this fall. The mission will bring 25 business people from Orange County to Hungary, Czechoslovakia and Germany. Victoria Biagiotte, the group's membership services manager, said the European mission will focus on opportunities for Southland companies to export environmental and medical products to the three countries.
BUSINESS
June 8, 1990 | JAMES RISEN, TIMES STAFF WRITER
In what it billed as the first significant working relationship between an American auto company and the Soviet Union in the post-World War II era, General Motors said Thursday that it has agreed to sell nearly $1 billion worth of automotive parts to that country's largest auto maker. GM's announcement comes just days after Soviet President Mikhail S. Gorbachev publicly criticized American auto makers for not taking a more active role in developing bilateral relationships with his nation.
BUSINESS
June 8, 1990
Motorola Inc. has signed a $5-million contract to provide cellular telephones toHungary. Motorola said the deal makes it the first company to supply mobile phones in EasternEurope.
BUSINESS
May 30, 1990 | Cristina Lee, Times staff writer
Microcomputer Marketing of Irvine has signed a marketing agreement with PONT, a Hungarian manufacturer of computer monitors and engineering measurement devices, to sell PONT's 20-inch color monitors in the United States starting this fall. The monitors will be assembled by PONT from parts made in South Korea, Taiwan and Hungary. PONT is a small engineering company founded in 1983. The monitors will sell for less than $4,000, said David J. Stephenson, president of the Irvine firm.
NEWS
May 10, 1990 | CAROL J. WILLIAMS, TIMES STAFF WRITER
In a sign of Hungary's drift from the Kremlin's orbit, the newly elected Parliament on Wednesday applauded an opposition proposal that Hungary withdraw from the Warsaw Pact and suspend all military exercises with the alliance until the break can be formally negotiated. In another development, Defense Minister Gyorgy Karpathy confirmed reports that Hungary has sold Soviet-built MIG jets to the United States but denied that the sales disclosed any Soviet military secrets.
BUSINESS
April 13, 1990 | CRISTINA LEE, TIMES STAFF WRITER
Parker Automotive Corp. said Thursday said that it and TRW International have signed a distributorship agreement with a West German company that guarantees the sale of at least $2 million worth of Parker's products in Hungary. The pact names S&B Enterprises of Reilengen, West Germany, as the exclusive distributor for Parker's CarbonClean products in Hungary. The distributor will market and service the products for five years, with the option to renew the contract.
BUSINESS
January 9, 1992 | Cristina Lee / Times staff writer
FileNet Corp., a Costa Mesa manufacturer of computerized document imaging and storage systems, will make its first foray into Eastern Europe when it signs a distributorship agreement with a Hungarian software developer Friday. The Budapest company, Computer Media Corp., has paid $250,000 for a FileNet system. Zsolt Gerl, Computer Media's president and chief executive, said this will be the first system of its kind in Hungary. The company plans to adapt the system to the Hungarian language.
NEWS
September 8, 1989 | WILLIAM J. EATON, Times Staff Writer
The House on Thursday attempted to reward Hungary's democratic reforms by voting to grant the Communist nation most-favored-nation status for three years. The measure was adopted on a 221 to 169 roll-call vote despite Republican protests that it would hamper President Bush's conduct of foreign policy. The bill's prospects for passage in the Senate are considered good. It would extend for three years U.S.
NEWS
January 23, 1990 | ART PINE, TIMES STAFF WRITER
The Bush Administration, bowing to pressure from America's major allies, has agreed to back a gradual easing of restrictions on the sale of Western goods and technology to Eastern Europe in response to the rapid political changes there, officials said Monday. The decision, made at a meeting of the National Security Council, initially will affect only the sale of some advanced computers, machine tools and telecommunications equipment to Poland and Hungary.
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