Hungary is open for business

Upon his official visit to New York in December 2019 H.E. Mr. Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary met Mr. Anthony Russo, President of the Commerce and Industry Association of New Jersey (CIANJ). On the margin of their fruitful meeting, Minister Szijjártó gave an interview to Mr. Russo about the economic and business environment in Hungary. The article is now (February 2020) published in the Commerce Magazine, the official publication of CIANJ. The CIANJ is one o...
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Hungary: Where Innovation Creates Value

The Hungarian Consulate General hosted a special event the other night, where investment opportunities in Hungary were put into limelight. In the framework of the investment forum "Hungary: Where Innovation Creates Value", Péter Szijjártó, Minister of Foreign Affairs and Trade and Róbert Ésik, CEO of the Hungarian Investment Promotion Agency (HIPA) presented the "Chain Bridge Budapest Award" to Arconic. (more…)
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Cooperation between Hungary and US EXIM Bank

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and President and Chairman of the Export-Import Bank of the United States (EXIM) Kimberly A. Reed signed a Memorandum of Understanding on future cooperation between the Hungarian and the U.S. EXIM Banks in Washington D.C., thus further strengthening the thriving economic and trade relationship between our two countries. (more…)
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Explore New Jersey 2019

New Jersey City University’s Institute for Dispute Resolution (IDR) and the Connecting Bridges and Borders Program will host alongside ChooseNJ and in partnership with the Commerce Industry Association of New Jersey (CIANJ) a major event for the U.S. Department of Commerce program called SelectUSA, where a Memorandum Of Understanding between the American Hungarian Chamber of Commerce New York and CIANJ is being signed. (more…)
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Hungary’s GDP Growth Tops Europe: The Keys to Its Success

Hungary’s first-quarter GDP grew by 5.3% annually, beating market estimates. This is the country’s second highest growth since 1996 as it was higher by a small margin last year. While the real GDP growth rate falls behind these numbers, it’s still considered one of the highest growths in Hungary and Europe in the past decade. Although this increase is exceptional, economic experts foresee a decrease later this year. (more…)
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VI. Friends of Hungary Conference

It’s not enough to be talented, you also have to be Hungarian - said President János Áder, using the world-famous photographer Robert Capa’s phrase, in welcoming the Community of the Friends of Hungary Foundation; the thought behind this, the active patriotism, was felt by more than two-hundred families who had returned home for the conference. Members later listened to Prime Minister Viktor Orbán’s speech on the aims of the government while E. Sylvester Vizi emphasized: it’s important to create...
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President Donald J. Trump will welcome Hungarian Prime Minister Viktor Orban

President Donald J. Trump will welcome Prime Minister Viktor Orban of Hungary to the White House on May 13, 2019. Recognizing the longstanding ties between the United States and Hungary, the President and the Prime Minister will discuss ways to deepen cooperation on a range of issues, including trade, energy, and cyber security. As the leaders of NATO Allies, they will also explore opportunities to meet the many national security responsibilities of their two countries and will celebrate Hungary...
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