In 2021, Hungary joined the Academy for Women Entrepreneurs’ (AWE) global network and will launch the Academy through the U.S. Embassy in Budapest in association with The Foundation for Sustainable Enterprises. The 10-month program will utilize global best practices adapted to the local environment to best serve Hungarian participants. AWE is an entrepreneurship promotion program …
Read More»
Co-hosted by the U.S. Commercial Service and the International Franchise Association and U.S. brands will be meeting with potential franchisees.
Read More»
Deputy Chief of Mission Kostelancik joined Minister Szijjártó and other dignitaries on a visit and tour of the Guardian Glass facility and also a visit to Owens-Illinois in Orosháza, on May 7.
Read More»
Chargé Kostelancik had a full day in Debrecen on April 10.
Read More»
Ambassador David B. Cornstein visited Coca-Cola Hungary where he was greeted by its local management.
Read More»
Drawing from his deep experience as a private business man, Ambassador Cornstein highlighted key differences between American and European norms of business.
Read More»
The U.S.-Hungary economic relationship remains a core pillar of our bilateral relationship, and Ambassador Cornstein and our Embassy staff look forward to continuing to strengthen this connection.
Read More»
Chargé David J. Kostelancik hosted previous as well as this year’s Hungarian delegates to SelectUSA at our quarterly Entrepreneurship Networking reception.
Read More»
The Shared Service industry in Hungary employs more than 46,000 skilled workers and expects significant growth in the coming years with more than 80% of Hungary’s SSCs planning to expand in the short-term.
Read More»
This new 5.5 billion forint development in Debrecen will create a new electronics production plant – creating 210 new positions – and bring NI’s employees in the country up to 1,500 personnel.
Read More»
This $134 million greenfield investment will create an additional 200+ new jobs – on top of its current approximate 2,300 employees – and enable the facility to significantly raise its production capacity.
Read More»
Charge d’Affaires David J. Kostelancik hosted our friends from the AmCham Regulatory Committee at his residence on January 26. Among others topics important to these business leaders, they discussed the May 2018 implementation of the EU’s General Data Protection Regulation (GDPR) and how it will impact businesses.
Read More»
Chargé David J. Kostelancik had a great time visiting the wonderful city of Székesfehérvár on November 21, 2017. After graciously escorting Chargé Kostelancik around City Hall and the main square, Mayor András Cser-Palkovics spoke with Chargé Kostelancik about issues of importance to the city, including its future development and investment plans. Earlier in the day, …
Read More»
Remarks by Chargé d’Affaires, a.i. David J. Kostelancik at the AmCham Business Forum with Deputy Foreign Minister László Szabó June 29, 2017, Kempinski Hotel Corvinus – as prepared – Good afternoon, dear guests. On behalf of the U.S. Government, I offer my sincere thanks to Farkas [Barsony, AmCham President] and to Irisz and her team …
Read More»
Budapest, Hungary – Chargé d’Affaires David Kostelancik today announced that ten companies from a variety of industries across Hungary will be travelling to Washington D.C.
Read More»
It is clear to me that American companies like doing business here. They speak to me of Hungary’s friendly business environment. They note that its central location makes Hungary an ideal location to export to rest of Europe.
Read More»
What sets this Workshop apart is the intensive series of meetings, strategy sessions, and product development conducted with the help of prominent businessmen and program alumni as speakers and mentors.
Read More» But it’s not only about making products, making money, and employment. Alcoa is also a leader in corporate responsibility, which is near and dear to my heart, and is something in which American companies excel.
Read More»