Investment promotion seminar in Luxembourg organized by the Embassy of Hungary in Brussels

On 23 September 2019, the Hungarian Embassy in Brussels organized an investment promotion seminar titled "Opening doors for your business in Hungary" for prominent Luxembourg companies at the premises of the Chamber of Commerce of Luxembourg.

After the opening remarks of H.E. Ambassador Tamás Iván Kovács, Mrs. Tünde Kis, vice-president of HIPA gave an overview about the positive investment environment in Hungary. She emphasized that the Hungarian economy has produced a exceptionally dynamic growth last year. 98 major investments were realized in 2018, to which the Hungarian government also provided significant non-refundable financial support. She highlighted the favourable tax environment, such as the 9% corporate tax and the low social tax. She mentioned the largest investments, BMW, Mercedes and Audi as good examples. After the keynote speech, Guardian Glass Europe and Cargolux presented theirs success stories, focusing on the development of the Hungarian sites.