Helping Hungarian Companies Enter the U.S.
Seminar and webinar for Hungarian companies organized on February 7 by the U.S. Embassy Commercial Service, Budapest in cooperation with the Budapest Chamber of Commerce and Industry and the American Hungarian Chamber of Commerce of New York Inc.
Please join us to explore U.S. government support networks to aid Hungarian companies expand their businesses in the U.S. The event will also highlight the role the Budapest Chamber of Commerce and Industry plays in assisting Hungarian companies meet their international expansion goals.
Attendees will learn about the valuable tools the SelectUSA Program provides to foreign investors. These include tailored assistance for companies and startups, including location selection, targeted industry analysis to help make informed decisions, how to open a bank account in the U.S., and introductions to Economic Development Organizations to execute U.S. investment plans.
A successful Hungarian company will provide insights into lessons learned and best practices following their recent investment in the U.S. Attendees will also be introduced to the SelectUSA Investment Summit, which will be held in Maryland, on May 1-4, 2023. For advanced information and to register for the Summit, please visit www.SelectUSA.gov.
The hybrid event is limited to 40 in-person attendees with unlimited online attendance.
Event Details
The agenda is as follows:
| 14:00 Welcome Remarks | Mr. Elek Nagy BKIK President |
| 14:05 Opening Remarks | Dr Martin Zsarnoczky President American Hungarian Chamber of Commerce |
| 14:10 SelectUSA program and Investment Summit Overview |
Mr. Neil Pickett, Senior Commercial Officer, U.S. Embassy Budapest |
| 14:40 How to open a U.S. bank account | Citibank (speaker under request) |
| 14:55 Hungarian & U.S. tax considerations for Hungarian firms investing in the U.S | Dr. Attila Kövesdy, Partner, Tax and Legal, Deloitte |
| 15:10 An Introduction to the US Legal Framework | John Parkerson, Honorary Consul of Hungary-Atlanta and attorney at Hall Booth Smith, P.C. |
| 15:25 Lessons Learned – A Study of Successful Hungarian Investment in the U.S. | Vidor Kis-Márton, CEO, Continest |
| 15:40 Introductions to U.S. Investment Destinations |
Pennsylvania Department of Community & Economic Development |
| 16:20 Closing remarks and start of B2B Networking | |
| 17:00 End of B2B meetings | |
Who should attend?
The event is open to both large Hungarian companies and smaller businesses with an eye to establish a physical presence in the U.S. All companies and industries will benefit from attending this information and networking session.
