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Ho to Do Business in Foreign Countries? Hungary

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Thomas Barat
Thomas Barat

American Hungarian Chamber of Commerce of New York - Presentation 10/17/2016 New York First International B2B Forum

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American Hungarian Chamber of Commerce of New York THE FIRST INTERNATIONAL B2B FORUM How to Do Business in Foreign Countries? HUNGARY Thomas Barat President
2American Hungarian Chamber of Commerce of New York Where is Hungary?
3American Hungarian Chamber of Commerce of New York Where is Hungary? Hungary is in the heart of Europe more than 1000 years
4American Hungarian Chamber of Commerce of New York Hungary General Information Surface: 93 thousand sq. kilometers Population: cca. 10 million Form of state: Republic Parliamentary system / one chamber (199 MP) Membership: UN, EU, NATO, OECD GDP in 2015: 10.900 E / per capita (Source: Eurostat) Over 70% of the GDP is realized from the foreign trade 1 USD = cca. 280 HUF
5American Hungarian Chamber of Commerce of New York Do you know? Who are on the pictures?
6American Hungarian Chamber of Commerce of New York Do you know? There are Hungarian inventions
7American Hungarian Chamber of Commerce of New York Do you know? There are Hungarian specialities
8American Hungarian Chamber of Commerce of New York The main tasks Business Matchmaking Spokesperson role Information distribution Information exchange
9American Hungarian Chamber of Commerce of New York The main services identifying business opportunities between the two countries; distribution of business and trade related information; organization of business events
10American Hungarian Chamber of Commerce of New York Mission Statement The American Hungarian Chamber of Commerce of New York strives to be a bridge connecting the American and Hungarian business world with a view to establish and promote prosperous business and trade relationships. The American-Hungarian Chamber of Commerce of New York is a dynamic volunteer organization with the fundamental goal of facilitating economic relationships between the two countries. The AmHunCham NY would like to achieve the mutual understanding and we want to establish the mutual beneficial relationship between the business people of the two countries.
11 Why Choose Hungary? American Hungarian Chamber of Commerce of New York Some reasons: Location in the heart of Europe Dynamic economic growth Membership in the European Union and NATO EU conform investment incentives Highly developed logistical, transport infrastructure Well trained, creative and flexible human capital Strong presence of foreign and multinational companies
12 Why Choose Hungary? American Hungarian Chamber of Commerce of New York Incentives in Hungary - programs Economic Competitiveness Operative Program Agricultural and Rural Development Operative Program Environmental Protection and Infrastructure Operative Program Human Resource Development Operative Program Regional Operative Program
13 Why Choose Hungary? American Hungarian Chamber of Commerce of New York Opinions about Hungary: The Forbes magazine: 9th mostly recommended country for investment Fitch Ratings of May, 2016 will recommend again Hungary for investments. The OECD bi-yearly report: Hungary has the 4th most flexible regulation on employment and labour force in the EU!
14 What does it means water? American Hungarian Chamber of Commerce of New York https://youtu.be/VlkzUaaqGbk
15American Hungarian Chamber of Commerce of New York Business with Hungary,via ... American Hungarian Chamber of Commerce of New York Hungarian Consulate General of Hungary, New York Hungarian National Trading House Corporation Hungarian Investment Promotion Agency (HIPA)
16American Hungarian Chamber of Commerce of New York
17American Hungarian Chamber of Commerce of New York Make business with Hungarian companies! Lets use the benefits of HUNGARY!
18American Hungarian Chamber of Commerce of New York Thank you for your attention! Thomas Barat president@amhuncham.org
19American Hungarian Chamber of Commerce of New York Sources of the presentation: Ministry for National Economy - Department for Externel Economic Relations http://www.kormany.hu/en/ministry-for-national-economy Hungarian Investment Promotion Agency (HIPA) https://hipa.hu/main Hungarian Consulate General of Hungary, New York http://consulate.newyork.gov.hu/business-and-trade http://www.mfa.gov.hu/NR/rdonlyres/1969C6EF-6A13-4433-AEE1-6B420F1EA2D3/0/CountryProfile_HUN.pdf http://mkik.hu/en/magyar-kereskedelmi-es-iparkamara/in-english-12551 https://youtu.be/VlkzUaaqGbk http://consulate.newyork.gov.hu/business-and-trade-relations https://youtu.be/e0wkokaybWA http://en.amhuncham.org/business-informations

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Ho to Do Business in Foreign Countries? Hungary

  • 1. American Hungarian Chamber of Commerce of New York THE FIRST INTERNATIONAL B2B FORUM How to Do Business in Foreign Countries? HUNGARY Thomas Barat President
  • 2. 2American Hungarian Chamber of Commerce of New York Where is Hungary?
  • 3. 3American Hungarian Chamber of Commerce of New York Where is Hungary? Hungary is in the heart of Europe more than 1000 years
  • 4. 4American Hungarian Chamber of Commerce of New York Hungary General Information Surface: 93 thousand sq. kilometers Population: cca. 10 million Form of state: Republic Parliamentary system / one chamber (199 MP) Membership: UN, EU, NATO, OECD GDP in 2015: 10.900 E / per capita (Source: Eurostat) Over 70% of the GDP is realized from the foreign trade 1 USD = cca. 280 HUF
  • 5. 5American Hungarian Chamber of Commerce of New York Do you know? Who are on the pictures?
  • 6. 6American Hungarian Chamber of Commerce of New York Do you know? There are Hungarian inventions
  • 7. 7American Hungarian Chamber of Commerce of New York Do you know? There are Hungarian specialities
  • 8. 8American Hungarian Chamber of Commerce of New York The main tasks Business Matchmaking Spokesperson role Information distribution Information exchange
  • 9. 9American Hungarian Chamber of Commerce of New York The main services identifying business opportunities between the two countries; distribution of business and trade related information; organization of business events
  • 10. 10American Hungarian Chamber of Commerce of New York Mission Statement The American Hungarian Chamber of Commerce of New York strives to be a bridge connecting the American and Hungarian business world with a view to establish and promote prosperous business and trade relationships. The American-Hungarian Chamber of Commerce of New York is a dynamic volunteer organization with the fundamental goal of facilitating economic relationships between the two countries. The AmHunCham NY would like to achieve the mutual understanding and we want to establish the mutual beneficial relationship between the business people of the two countries.
  • 11. 11 Why Choose Hungary? American Hungarian Chamber of Commerce of New York Some reasons: Location in the heart of Europe Dynamic economic growth Membership in the European Union and NATO EU conform investment incentives Highly developed logistical, transport infrastructure Well trained, creative and flexible human capital Strong presence of foreign and multinational companies
  • 12. 12 Why Choose Hungary? American Hungarian Chamber of Commerce of New York Incentives in Hungary - programs Economic Competitiveness Operative Program Agricultural and Rural Development Operative Program Environmental Protection and Infrastructure Operative Program Human Resource Development Operative Program Regional Operative Program
  • 13. 13 Why Choose Hungary? American Hungarian Chamber of Commerce of New York Opinions about Hungary: The Forbes magazine: 9th mostly recommended country for investment Fitch Ratings of May, 2016 will recommend again Hungary for investments. The OECD bi-yearly report: Hungary has the 4th most flexible regulation on employment and labour force in the EU!
  • 14. 14 What does it means water? American Hungarian Chamber of Commerce of New York https://youtu.be/VlkzUaaqGbk
  • 15. 15American Hungarian Chamber of Commerce of New York Business with Hungary,via ... American Hungarian Chamber of Commerce of New York Hungarian Consulate General of Hungary, New York Hungarian National Trading House Corporation Hungarian Investment Promotion Agency (HIPA)
  • 16. 16American Hungarian Chamber of Commerce of New York
  • 17. 17American Hungarian Chamber of Commerce of New York Make business with Hungarian companies! Lets use the benefits of HUNGARY!
  • 18. 18American Hungarian Chamber of Commerce of New York Thank you for your attention! Thomas Barat president@amhuncham.org
  • 19. 19American Hungarian Chamber of Commerce of New York Sources of the presentation: Ministry for National Economy - Department for Externel Economic Relations http://www.kormany.hu/en/ministry-for-national-economy Hungarian Investment Promotion Agency (HIPA) https://hipa.hu/main Hungarian Consulate General of Hungary, New York http://consulate.newyork.gov.hu/business-and-trade http://www.mfa.gov.hu/NR/rdonlyres/1969C6EF-6A13-4433-AEE1-6B420F1EA2D3/0/CountryProfile_HUN.pdf http://mkik.hu/en/magyar-kereskedelmi-es-iparkamara/in-english-12551 https://youtu.be/VlkzUaaqGbk http://consulate.newyork.gov.hu/business-and-trade-relations https://youtu.be/e0wkokaybWA http://en.amhuncham.org/business-informations