Government helps Hungarian businesses to expand and spread domestic know-how abroad

Hungary’s government will help Hungarian-owned businesses to expand in foreign markets by all means at its disposal, Péter Szijjártó, the minister of foreign affairs and trade, told az a Foreign Trade Meeting in Budapest.

In June, at the opening event of the Foreign Trade Meeting the foreign minister, Péter Szijjártó pointed out, that drawing investments and support of exports, as well as the foreign expansion of companies, is even more important in the current economic climate. He also added: „Hungarian diplomats are expected to find out about the investment plans of foreign companies as fast as possible, faster than everyone else… and to be the first to learn about business opportunities abroad.”

5 more companies to join the KEPP

At the event Szijjártó announced that the Hungarian government has signed an agreement with five more Hungarian companies on cooperation within the framework of the Featured Exporter Partnership Program (KEPP). The companies involved are: BioTech USA, Continest Technologies, Ganz Holding, Videoton Holding and B+N Referencia Zrt.

Since its launchin 2019, KEPP has provided non-financial support to 40 Hungarian-owned businesses with a high share in Hungary’s exports.The goal of the program is for the government to support the expansion of Hungarian companies in foreign markets with the tools of active foreign policy, promoting the growth of domestic exports.

B+N: unique research and development knowledge

B+N – present in 6 countries – is the leading facilities management (FM) company in the CEE region. The company’s goal is further expansion in Central and then Western Europe.

The 100% Hungarian-owned company is the only one in the domestic market to have its own research and development department. As a trendsetter of the industry, the company places great emphasis on building Hungarian competence and capacity, and in this regard, maintaining its own knowledge base and professional team.

B+N provides innovative and integrated FM services to its customers with its own employees, self-developed autonomous cleaning robots, UVC disinfection devices, and a predictive system supported by microbiological testing.

“I am convinced that the agreement we have just concluded will be mutually beneficial both to B+N Referencia Zrt. and the Hungarian government by opening the door to new market opportunities and facilitating the export of Hungarian know-how” – said Ferenc Kis-Szölgyémi, CEO of B+N.


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