Giving more space to enterprises at national and international levels

In the next two weeks expansion plans will be announced by two of the large American corporations with which State Secretary for Foreign Affairs and External Economic Relations had meetings on his recent US visit. The companies have informed the State Secretariat that if they decide on expansion, it will very likely take place in Hungary. The heads of the corporations appreciate the reliability and stability of the Hungarian business environment, as well as the skill and diligence of Hungarian employees.

With regard to the promotion of Hungarian firms, Minister of State for the Prime Minister’s Office János Lázár attended the 50th delegates’ meeting of the Budapest Chamber of Commerce and Industry (BKIK), at which he praised the creativity and innovation of Hungarian entrepreneurs. He pointed out that the Government seeks to help Hungarian enterprises with its own measures; these are strongly influenced, however, by global trends and the European economic crisis. He added that the Hungarian government strives to establish partnerships with interest groups and businesses, and to integrate the Chamber’s suggestions into its modus operandi.

He also mentioned that the reorganisation of EU development funds has started, with the aim of reducing state bureaucracy. The Government intends to draw down 100 per cent of EU funds and to allocate 60 per cent of the available resources to developing the competitiveness of businesses and to promoting growth, which he regards as more important than infrastructure development or the modernisation of public administration.

(Ministry of Foreign Affairs)