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Blackrock promotes Budapest opportunities in Frankfurt

December 11, 2017

After London, BlackRock held its career-building and networking event in Frankfurt, Germany. At the event jointly organised with the Consulate General of Hungary in Düsseldorf, in the office building of the world's largest financial fund management company, the operation of the Budapest office, available job opportunities and potential career paths were promoted through brief presentations.

BlackRock was established in 1988 with only eight employees as part of the Blackstone Group. The company has become one of the world's leading asset managers and has been listed on the New York stock exchange since 1999. The company – employing 13,000 people around the world – provides asset and risk management services to both corporate and private clients with innovative technological solutions.

In January 2017, the company announced the plan to establish its innovation and technology centre in Budapest. In addition to the quality of life and labour offered in the capital, and the developed infrastructure, the commitment of the government and the Hungarian Investment Promotion Agency (HIPA) shown in connection with the project played an important role in shaping the decision of the company.

According to HIPA, the event in Frankfurt was the third in a series of such events; BlackRock and the Embassy of Hungary in London has already reached out on two occasions this year to young Hungarian financial professionals studying or living in the United Kingdom. Following the first event held in February 2017, 25 Hungarian professionals working abroad decided to move back home and to join the BlackRock Budapest team. Building on these results, the Budapest offices of Citibank and Morgan Stanley also introduced themselves to 50 visitors at the second career networking day held in November 2017. The career networking series of events is planned to be held in London on a semi-annual basis.


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