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UKTI CEO promotes Central Europe market during visit to Hungary

Dominic Jermey met with British exporters and potential inward investors during his visit on 2 October 2014.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Dominic Jermey, CEO of UK Trade & Investment visited Budapest on 2 October 2014
Dominic Jermey, CEO of UK Trade & Investment visited Budapest on 2 October 2014

Dominic Jermey, Chief Executive Officer (CEO) of UK Trade & Investment (UKTI), visited Budapest on 2 October 2014. During his time in the city he met with leading Hungarian and British business people.

He joined the UK companies that form the British Business Club in Hungary to discuss the regional business environment and outlook.

Mr Jermey said:

Central Europe is a growing and important market. We are determined to make sure British companies utilise the opportunities available here, including by further enhancing the excellent UK trade and investment service they already get.

Dominic Jermey met leading Hungarian and British business people, members of the British Chamber of Commerce, the British Business Centre and UK Trade & Investment in Budapest
Dominic Jermey met leading Hungarian and British business people, members of the British Chamber of Commerce, the British Business Centre and UK Trade & Investment in Budapest

Opportunities in Emerging Europe

At the British Business Centre, Dominic Jermey met members of the Emerging Europe Automotive Board to discuss how to further support those UK automotive companies that are already present in this region.

Find out more about opportunities in Emerging Europe’s automotive sector.

Extreme Light Infrastructure Project

Dominic also met with the leadership of the Extreme Light Infrastructure (ELI) project, to promote UK expertise and excellence in the research field.

The ELI project offers opportunities for UK companies in:

  • equipment supply for high-power laser and vacuum technology
  • provision of services for large-scale research facilities and special laboratories
  • research and know-how transfer from institutes, universities and private companies

Meeting with inward investors

The UK is the number one destination for inward investment (FDI) in Europe, with 85% of the projects secured by UKTI and its partners.

Dominic met with a group of potential inward investor companies to promote the opportunities that the UK presents.

Find out more about why you should set up and locate your business in the UK.

Chief Executive Officer of UK Trade & Investment, Dominic Jermey discussed bilateral trade and investment opportunities at the British Business Centre in Budapest
Chief Executive Officer of UK Trade & Investment, Dominic Jermey discussed bilateral trade and investment opportunities at the British Business Centre in Budapest

Meeting with Hungarian officials

At the end of his visit, Mr Jermey met with László Szabó, State Secretary for Foreign Affairs and Trade. They discussed UK-Hungary collaboration on better regulation and trade agreements.

Contacts

Contact the UKTI team in Hungary for help in developing your exports, or in locating your business in the UK.

Published 3 October 2014