ADVERTISEMENT

Business figures, MKIK set up new regional business promotion body

History

Fourteen private individuals and the Hungarian Chamber of Commerce and Industry (MKIK) have set up the Carpathian Basin Business Promotion Chamber, a new organization to build economic cooperation between countries of the Carpathian Basin, MKIK head László Parragh announced on Wednesday.

Deputy Prime Minister Zsolt Semjén, acting as chief patron of the new body, told a press conference after the founding ceremony that the government "seeks to act as a catalyst" and provide infrastructure for Hungarian businesses both in Hungary and in other countries, state news wire MTI reported.

Helping businesses in the region "under market conditions and on the basis of a partnership of equals" is a priority for the government, he noted. 

Parragh said that the new chamber will have its headquarters in Hungary and will focus on financing business projects. State agencies and major Hungarian companies active in other countries of the region will be encouraged to join the organization, he added.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.