Issue 18, June 2015
Dear Mr. Foley,

This is the electronic newsletter of the British Chamber of Commerce in Hungary, where you can find the latest Chamber news. For more information about us, our ongoing projects and activities as well as advertising and membership options, you can always visit our website at oor contact us at +36 1 302-5200 (BCCH) +36 1 302-5201 (British Business Centre) and

Best regards,
The BCCH team

Highlighted News

BCCH members re-elect Vazul Tóth as chairman

The British Chamber of Commerce in Hungary (BCCH) held its Annual General Meeting, where outgoing chairman Vazul Tóth was re-elected for a second two-year term. As head of Vodafone Hungary Business Transformation, he has more than fifteen years of experience in corporate management, restructuring and process management. He is a true business transformation professional, with extensive international experience.
Event Report
BCCH-FirstMed Family Day

Following the success of last years' events, the BCCH and FirstMed joined forces again to organise their Family Day, an event of fun and games for their members and partners and their families. This time we invited our members and partners to spend an adventurous day at Római Kalandpark, where we were cooking Goulash from a big cauldron known as a "bogrács" and the participants also had a chance to measure themselves in a game of lasertag.

British Business Centre News
British Business Centre News

The BCCH additionally can now offer through its British Business Centre direct assistance to British exporters. Services range from direct market consultation (route into the market) through to full access to state of the art facilities within the Centre for hot-desking, meetings and conferences. The Centre’s on-going mission is to use the local market knowledge and extensive range of contacts to promote and enhance British-Hungarian business relations even further.

BCCH Members’ Services
Get new customers from the EU. A winning tip from Vodafone

British businessmen are polite and experienced negotiators. They will forgive you for not speaking English fluently but what you say should be clear. Working hours almost never start earlier than 9 o’clock in the morning, but definitely end at 5 o’clock in the afternoon. They avoid doing business later in the day, so you should try not to organise business negotiations for evenings, even in the form of dinners, as they will treat them more like a social event and stay away from business issues. From many aspects, British businessmen feel more at home at the negotiating table than Hungarians, and they also know that the world works differently for different people. To this end, they find it only natural to draught a written record of the agreement in detail immediately or as soon as possible after the negotiation. They expect the same from their negotiating partner. Wherever you negotiate in the EU, manage your business confidently without roaming fee with the new Vodafone Business Red packages.

BCCH Projects
Ongoing projects

Before going on a short summer break, the BCCH team would like to update you on a few ongoing and upcoming projects. Our successful SME Breakfast series will continue from September 2015, so does our CEO Dinner series, which are exclusive VIP events for a selected group of well-respected business leaders with the main purpose of sharing and discussing relevant topics concerning the Hungarian economy. The BCCH launched its Mentoring Programme early spring 2015, which is designed for knowledge sharing; for managers who seek inspiration and find themselves at a stage in their careers where they could benefit from guidance provided by experienced professionals. The Mentor-Mentee pairs were selected in December 2014 and their work will be evaluated at the end of summer. The British Business Centre, operating within the BCCH, has been fully accredited by the British Chambers of Commerce, and the BCCH is currently being accredited by the Investors in People Hungary. In the meantime, the BCCH website will soon to receive a completely new look; it will be modern, sophisticated, easier to use, while focusing even more on BCCH members and their needs. We have launched our social media sites as well; now you can like us on Facebook, follow us on Twitter and on LinkedIn to receive updates from the Chamber.

BCCH Success Story
Hungary helps UK company to relocate it’s manufacturing from China

The British Business Centre in Hungary has been assisting a UK based client with relocating their plant pot manufacturing business from China to Hungary in order to take advantage of the key benefits that the CEE region and Hungary in particular has to offer, namely a low cost workforce and ideal infrastructure opportunities within Europe, so that client can be far closer to their distributor/customer network.

Embassy News
Ms Theresa Bubbear has been appointed Chargé d'Affaires Ad Interim to Hungary

Theresa Bubbear took up her appointment as Chargé d'Affaires Ad Interim to Hungary on 27 April 2015. She succeeds former British Ambassador to Hungary, Jonathan Knott, who will be transferring to another Diplomatic Service appointment. Together with the newly appointed Deputy Head of Mission, Adam Kettle-Williams, Theresa will lead the Embassy until the arrival of the new Ambassador in January 2016. If you would like to know more about Theresa, read her interview with Xpatloop. You can also follow her on Twitter and watch her latest video blog.

GE Lighting

GE is a world leader in the innovation, design, production and application of energy-efficient LED solutions. They are also at the forefront of linking pioneering connective software with light fixtures to create intelligent integrated systems that unleash a whole new potential for how we light our world. Lighting technology has come a long way over the last few years, and continues to rapidly change. In particular, the commercial market is undergoing a dramatic transformation, swiftly moving toward intelligent LED solutions.

New Members
New Members

Click here to see which companies have joined the Chamber recently. If you are a member and wish to indicate that on your website or anywhere else, contact us for a BCCH logo. If you are not a member but wish to learn about the benefits of becoming a member of the BCCH, please visit the Membership section of the Chamber’s website or contact the office for more details.

(c) 2015 - British Chamber of Commerce in Hungary   |   Eiffel Palace 6th floor   |   1055 Budapest, Bajcsy-Zsilinszky út 78.
Tel.: +36 1 302-5200 (BCCH)
+36 1 302-5201 (British Business Centre)
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