Hungarian Trade House opens in New York, the global trade and economic center of the world - May 5, 2015
National Development Minister Miklós Seszták leading a Hungarian business delegation opened the North-American office of Hungarian National Trade House in New-York known as the global trade and economic center on 5 May.
The United States of America is Hungary’s most important trade partner outside Europe, as export indices have risen 8.1% over the last few years. Today the Hungarian National Trade House (MNKH) has opened an office in a country with one of the highest buypower in the world, in New-York, the world’s trade and financial center. Among the leading industries New-York is a home for global companies in information systems, advanced industrial technologies, and healthcare industry, all are primary market for companies implementing a large number of advanced Hungarian technological developments. In addition, there is room for quality Hungarian agricultural products, processed food, wines, and products related to healthcare industry.
In the opening ceremony of the first North-America trade house office held at the Consulate General of Hungary in New York, National Development Minister Miklós Seszták, Ambassador of Hungary in Washington Réka Szemerkényi, Consul General Ferenc Kumin, and General Manager István Szalai of MNKH made opening speeches. Minister Miklós Seszták highlighted: ‘The economic relations connecting the two countries is of vital importance for Hungary. In numbers it means more than 1700 companies with American interest operate in Hungary, employing over 80 thousand Hungarian people. These companies have invested over 9 thousand million HUF in Hungary, which is considered a major contribution to the performance of Hungarian economy.”
As Hungarian companies show a great interest in the American market, so the Trade House gives them an opportunity to set foot in the American market in various sectors such as information systems, agriculture, food industry, fashion and design, medical devices, building industry, and with premium category goods in other sectors.
General Manager István Szalai of MNKH said: ’One of our strategic goals is to give a large number of Hungarian small and medium-sized enterprises an opportunity to enter the North-American market, since those who can win in the most competitive market in the world will surely hold their ground in other markets too!”
Before the opening ceremony, MNKH had already mediated in exporting Hungarian healing mud to the American market this March.