British Business Centre In Budapest To Focus On SMEs, Says Ambassador
- 11 Mar 2014 8:00 AM
The newly opened Budapest Business Centre will focus on small and medium-sized companies (SME), a barely tapped market in Hungary, Jonathan Knott, the UK’s ambassador to Hungary, told Monday’s business daily Napi Gazdaság.
The majority of the 40 firms that have expressed interest in investing in Hungary are SMEs from the energy, security technology sector and equestrian gear makers, as well as high-tech, low-tech and b2b or b2c companies.
The most attractive feature of the Hungarian market is that it is practically unknown territory for British companies, so it is a completely fresh market for certain British brands. Moreover, it is only a two-hour flight away, which makes it an attractive and easy market.
The only obstacle in the way of business is a lack of information on both the Hungarian and British side, Knott said.
Source www.hungarymatters.hu
Follow that link to sign-up for MTI’s twice-daily newsletter.
Related article:
LATEST NEWS IN business