László Parragh re-elected business chamber head

Appointments

MTI/Attila Kovács (DO NOT USE)

László Parragh was re-elected chairman of the Hungarian Chamber of Commerce and Industry (MKIK) for another four years at a meeting of delegates on Thursday, according to a report by state news wire MTI.

László Parragh (Photo by MTI/Attila Kovács)

Parragh was re-elected unanimously.

Delivering an account of the chamberʼs activities, Parragh said MKIK had done much for the success of the economy in recent years, while its recommendations during the pandemic had contributed to the management of the crisis.

MKIK has played an active role in economic development, in the restructuring of the vocational training and higher education systems, in the arbitration system, and in using European Union funding more efficiently, he said. It has also worked to strengthen companiesʼ exports and participated in the drafting of wage agreement programs, he added.

MKIK has supported government measures to put the squeeze on the grey economy by providing feedback from companies, as well as steps to fine-tune the tax system, he said.

He pressed for maintaining the growth-friendly tax system and support for corporate financing through instruments such as the Széchenyi revolving credit program to improve the competitiveness of the economy.

Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies Green Energy

Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Baranya County Police Bust Phishing Gang Fintech

Baranya County Police Bust Phishing Gang

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

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.