This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
UKTI Hungary promotes inward investment opportunities for technology companies from Central and Eastern Europe (CEE) in the UK.
Nearly 40 companies from the CEE region participated in an Information and Communication Technology (ICT) business breakfast on 19th September, 2014. The breakfast was organised by UK Trade & Investment (UKTI) Hungary and took place at the British Embassy in Budapest.
Opportunities for inward investors in the UK’s ICT sector
The business opportunities for ICT companies in the UK are vast. The UK government’s G-cloud strategy underpins one of the world’s most supportive and promising environments for the continued development of the cloud computing and data centres sector.
Read our guide on investment opportunities for overseas companies in the UK’s ICT sector.
The UK’s ICT sector:
the UK is Europe’s leader for software and IT services, with a market value of £58 billion per year
includes Europe’s largest cloud computing market with a predicted turnover of £6.1 billion by the end of 2014
includes the world’s second largest data centre market
ICT business breakfast
His Excellency Jonathan Knott, British Ambassador to Hungary gave the opening speech. This was followed by an overview of the opportunities available in the UK market. Sector specific insights were provided by:
Daniel King, Head of High Growth and Emerging Markets, UKTI
Terry Mankertz, Senior Sector Lead, UKTI
Richard Leaver, Deal Maker, Global Entrepreneur Programme (GEP)
Anna Rosloniec, Investment Adviser, UKTI
Participants were then able to discuss the opportunities offered by the UK and share insights over breakfast. The breakfast was followed by a series of pre-booked individual meetings between company and UKTI representatives.
UKTI offer for companies considering expansion into the UK
UKTI is a UK government department working to encourage overseas companies to look to the UK as their global partner of choice. We offer a range of free and confidential support for companies planning to expand into the British market.
Contact your UKTI’s local CEE team at email@example.com if you are considering expanding your business in the UK.
The CEE region includes Poland, Czech Republic, Slovakia, Hungary, Slovenia, Croatia, Romania, Bulgaria.