Business

Three years ago, Dr. Norman Gray and a group of Hungarians at Quinnipiac University (Connecticut, USA) partnered with ConnCAT, a local organization that supports quality educational opportunities for the under-served in the New Haven community, to train the next generation of global entrepreneurs. The project was called ELA: Entrepreneur Leadership Academy. Today there are ELA High School, ELA College Internship, ELA US/International and ELA Hungary/International all now boasting from 20 to over 90 participants.

Texas-based Flowserve, an industrial and service-providing corporation is going to establish a new R&D centre in Budapest, following its BSC in Debrecen, building on the skills of Hungarian engineers. Investing over EUR 10 million, the company is going to establish an engineering Center of Excellence which is going to provide for product development, product testing and engineering service functions in the future.

Work has now officially started at the new Budapest office of International Flavors & Fragrances (IFF). The business services centre (BSC) of the US company will support the operation of the group through global financial services, reaching the targeted employee number of 100 by the end of this year.

Site Selection Magazine's interview with Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó.

“It’s about doing something pure.” That’s how John Salling describes the opening of Noble Son Enterprises. Or, better put, that’s how he answers when asked about his life-mission to bring Central European wines to the American market. “They are the best old friend you just met” and he’s going to introduce us all to them over the coming years.