About 100 investors participate at HIPA forum in New York

Deals

shutterstock

About 100 U.S. investors were present at an investment forum organized on Wednesday by the Hungarian Investment Promotion Agency (HIPA), in conjunction with Bloomberg Government and the Consulate General of Hungary in New York, according to Hungarian news agency MTI.

Levente Magyar, minister of state for economic diplomacy at the Ministry of Foreign Affairs and Trade, outlined the governmentʼs strategy for transforming Hungary into a production hub in Europe at the forum.

Regional and branch heads of GE, Citibank and McKinsey shared their experiences in Hungary at a panel discussion entitled “Positioning for a Post-Brexit World: How Central and Eastern Europe Stands to Gain.”

Magyar presented the Chain Bridge Budapest Award to IBM at the end of the forum. The award was established by HIPA to acknowledge corporate investments and activities that contribute to the development of Hungaryʼs economy.

ADVERTISEMENT

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

Budapest City Council to take out HUF 32 bln development loa... City

Budapest City Council to take out HUF 32 bln development loa...

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.