new york

About 100 US investors were present at an investment forum organised by the Hungarian Investment Promotion Agency (HIPA), Bloomberg Government and the Consulate-General of Hungary in New York on Wednesday, HIPA said.

State secretary for economic diplomacy Levente Magyar outlined the government’s strategy for transforming Hungary into a production hub in Europe.

Regional and branch heads from GE, Citi and McKinsey shared their experience in Hungary at a panel discussion called “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 Hungary’s economy

Source: MTI

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