News article

Business opportunities for Hungarian companies in the UK

This world location news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Europe’s number one destination for inward investment awaits Hungarian companies

In co-operation with the Hungarian Spin-off and Start-up Association, the Hungarian Association for Innovation, the ICT Association of Hungary and the Hungarian Biotech Association, The British Embassy in Hungary invited innovative Hungarian companies to attend a conference in Budapest on 16 October 2013 to highlight the advantages of of investing, setting up and running technology companies in the UK.

Participants were offered first-hand experiences from companies who have successfully set ground in Britain, and learned about opportunities and benefits of setting up technology companies in the UK from London UKTI experts. The one-day conference was also an excellent networking opportunity where representatives of Hungarian companies had a chance to hold one-to-one meetings with the speakers as well as with the representatives of HITA (Hungarian Ínvestment and Trade Agency) and NIH (National Innovation Office).

What does the UK offer for startup companies?

The UK has been named Europe’s number one destination for inward investment for its

  • business-friendly environment – business supported by a strong financial and professional services industry
  • highly skilled workers
  • competitive tax regime
  • global links – it is easy to expand business activities globally once in the UK
  • excellent ICT infrastructure
  • supportive stance for research, development and innovation.

UK Trade & Investment (UKTI) teams in over 30 countries provide expert help to companies wishing to set up their business in the UK. The British Embassy’s UKTI team in Budapest is keen to help more Hungarian firms to invest in the UK. To speak to one of our representatives to discuss opportunities that the UK can offer your business please send and e-mail to commercial.budapest@fco.gov.uk

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