AmCham Hungary 30-year Anniversary Gala

The American Chamber of Commerce Hungary (AmCham), one of the strongest independent, self-sustaining, nonprofit organizations in the country and the region, celebrated its 30th anniversary on November 14 with a gala attended by 450 Hungarian and international investors, executives and decision-makers in the upper house of Hungarian Parliament. The Chamber was established in 1989 to represent the interests of local and foreign investors, to build a strong business community and to contribute to the improvement of Hungary's competitiveness.

Today, AmCham's 340 companies represent more than 220,000 employees and account for nearly 37% of Hungarian exports. The professional background of its work is provided by ten working groups on a voluntary basis, including those in the areas of investment, innovation, digitalization, labor market and education, HR, regulation, taxation, electronics, facility management and corporate governance.

The President of AmCham Hungary Farkas Bársony indicated that “during its 30 years of operations, AmCham has built a bridge between the Hungarian government and American investors and enterprises… The American Chamber has supported the improvement of the Hungarian investment climate, the improvement of the country’s competitiveness and the simplification of the tax environment with its advice and recommendations.”

Minister of Foreign Affairs and Trade Péter Szijjártó emphasized that “thirty years ago, a new Europe was born and Hungary regained its sovereignty, parallel to which the Hungarian organization of the American Chamber of Commerce was also established 30 years ago, and since then the United States and American companies have stood by Hungary throughout.”