05/07/2017

Five-Day Trade Missing To Hungary And Slovakia Announced

Invest NI have announced a trade missing to Hungary and Slovakia, with businesses invited to take advantage of the business opportunities within the region.

The five-day mission will be multi-sectoral and open to companies wishing to develop their exports to this region.

Hungary

Hungary is a strategic location in the heart of Europe, with an open economy and good infrastructure. The UK ranks as the fifth largest investor in the country, mainly for the retail, telecommunications and professional services sectors.

Benefits/Strengths for UK businesses exporting to Hungary include:

English accepted as a business language

western style business culture

over £28 billion European Union (EU) funding between 2014 and 2020

UK 'brand' viewed positively

Slovakia

Slovakia has enormous growth potential with its stable economic and political environment. It has a strategic geographical position within Europe, with a highly skilled and flexible labour workforce.

Benefits/Strengths for UK businesses exporting to Slovakia include:

English accepted as a business language

gateway to emerging markets of eastern Europe

one of a few countries in CEE to use the euro

direct international air services

strategic geographical position

excellent telecommunications infrastructure

high labour productivity with favourable labour costs

Benefits of participation

Opportunity to access a new export market

Advice and support on doing business in Hungary and Slovakia by country experts

In-market support through the in-market trade advisers in Hungary and Slovakia

Direct insights into local market opportunities and conditions

Up to 50% contribution towards an economy airfare (capped amount)*

Up to £75 per night towards accommodation – maximum 5 nights*

In addition to the export advice and guidance provided by Invest NI's trade team in Belfast, in-market trade advisors can provide tailored market research and individual appointment arranging for your company.

The cost to companies requiring market research for the mission will be £500 for companies visiting one location, and £750 for companies visiting two locations. These costs are subject to VAT at the prevailing rate.

*Contribution towards airfares and accommodation is for one participant per company only.

Related Northern Ireland Business News Stories
Click here for the latest headlines.

27 June 2016
Trade Mission To Czech Republic Announced
Invest NI has announced a new Trade Mission to the Czech Republic, Slovakia and Hungary in October this year. Businesses are invited to join the mission and take advantage of the business opportunities within the region. The main mission centre is based in the Czech Republic with the option to travel to either Slovakia or Hungary.
31 May 2002
Trade Awards mark North South co-operation
The InterTradeIreland All-Island Trade Awards in the Waterfront Hall marked the increasing importance of the contribution of cross-border businesses throughout Ireland.
09 August 2018
Cross-Border Expansion Workshop Announced By Innovation Factory
The Innovation Factory has announced a free workshop aimed at helping businesses explore expansion into new cross-border territories.
02 October 2012
UK Business Awards Launched
The Federation of Small Businesses (FSB) and Streamline has launched a new UK-wide business awards programme to promote and celebrate innovation and success in small businesses across the UK.
06 August 2009
Tesco Cuts Out Landfills
Retail giant Tesco has diverted all of its Northern Ireland waste away from landfills over the last 12 months, it has been revealed. Tesco bosses have also implemented several 'environmentally friendly' solutions into store nationwide.