July 20th, 2012

Hungarian European Business Council members urge government to be more predictable

Predictability and competitiveness are the main interests of investors in Hungary, local chief representative of GDF Suez Holding said at the presentation of the latest annual report of the Hungarian European Business Council (HEBC), an organisation representing European multinational companies active in Hungary.

Hungary needs a country strategy that arches over political cycles and is built on social consensus, and it is always the task of any present government to initiate such consensus, Peter Csiba said.

The 15 member companies of HEBC had revenue from Hungary of HUF 3,500bn last year, and they employ 62,000 people, almost 3.5pc of all people employed in Hungary’s business sector, chairman of HEBC and regional CEO of AkzoNobel Laszlo Kerekes said.


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