Corporate Compliance Conference
Drawing from his deep experience as a private business man, Ambassador Cornstein highlighted key differences between American and European norms of business. Read More»
Business Leaders Reception
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»
Entrepreneurship Networking Reception
Chargé David J. Kostelancik hosted previous as well as this year’s Hungarian delegates to SelectUSA at our quarterly Entrepreneurship Networking reception. Read More»
Luncheon with Leaders of American Shared Service Center Operations
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»
American Business Investment in Debrecen
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»
Ground-breaking Ceremony at Arconic in Székesfehérvár
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»
The Young Transatlantic Innovation Leaders Initiative Fellowship (#YTILI) application is now open
Will you be one of the 75 European entrepreneurs selected to participate in a 12-day U.S. program focused on fostering the skills and networks necessary to take your venture to the next level? Entrepreneurs are a driving force for economic development, job creation, security, and good governance across Europe. YTILI empowers young European entrepreneurs and ... Read More»
Charge Kostelancik Welcomes AmCham’s Regulatory Committee to a Fireside Chat
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 Kostelancik Visits Székesfehérvár
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»
AmCham Business Forum
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»
Hungary delegation gearing up for 2017 SelectUSA Investment Summit
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»
Remarks at the Opening of the New UPS Regional Logistics Center in Vecsés
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»
Opening remarks at the Closing Session of the Lean Workshop for Entrepreneurs
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»
Remarks at the Ribbon Cutting Ceremony at Alcoa Plant
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»
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