ITD Hungary
Updated on Sep 08, 2010

ITD Hungary
Andrássy út 12.
Budapest
H 1061
Hungary
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Fax: show
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ITD Hungary
Andrássy út 12.
Budapest
H 1061
Hungary
Phone: +36 (0)1 473 8254
Fax: +36 (0)1 473 8201
Andrássy út 12.
Budapest
H 1061
Hungary
Phone: +36 (0)1 473 8254
Fax: +36 (0)1 473 8201
Contact person
Mr. Mark Mautner
Phone: +36 (0)1 473 8254
Email: mark.mautner@itd.hu
About ITD Hungary
ITD Hungary is the Hungarian government’s Investment and Trade Development Agency, established by the (then) Ministry of Industry, Trade and Tourism in 1993 to promote international economic relations and business endeavours having direct impacts on the development of the Hungarian economy.
ITDH has regional representative offices in eight regional centres of Hungary, from which most of the company's services are directly available. The Agency’s foreign network operates under Hungary’s diplomatic services at 55 offices in 43 countries.
ITD Hungary's main activity is trade development and investment promotion. It achieves this through a combination of events (networking conferences, seminars, business tours, etc.), individual consultation and promotional brochures. To help Hungarian small and medium sized enterprises (SMEs) to succeed on international markets, ITD Hungary co-ordinates the Hungarian activities of the Enterprise Europe Network supported by the European Commission's Enterprise and Industry Directorate.
Trade development
Through a diverse set of marketing tools and support programmes ITD Hungary offers substantial logistical, financial and professional assistance to both start-up and established Hungarian exporters. A major part of ITD Hungary’s trade promotion activity is carried out by the Agency’s Customer Relations Centre operating under the Business Development Directorate.
These activities, targeting mainly small and medium size enterprises, include the following main elements:
Offering leads on export opportunities in electronic and printed form;
Organising business networking events;
Gathering and disseminating information on EU and local funding opportunities;
Offering advice on export procedures, customs, legal and taxation issues;
Managing, on behalf of the Ministry of Economy and Transport, the Government’s trade promotion application programmes (grant schemes);
Maintaining regional company and project-specific databases;
Advising companies on export-related promotional materials and communications projects;
Placing activities with high added value into the focus of its trade promotion, the Agency concentrates currently on the following priority sectors: processed food, pharmaceuticals and medical engineering products, precision engineering, automotive parts and softwares.
Investment promotion
ITD Hungary provides foreign investors with high-quality support for key decision-making processes and a wealth of supplementary services.
Project preparation
In-depth, tailored information on the local economy and business climate, corporate taxation and the legal environment, as well as sector-specific overviews
Site visits, meetings with local, regional and government bodies and introductions to local suppliers, service providers and experts
Information on available incentives
Implementation
Site selection assistance, coordination of license procedures
Finalisation of incentives agreements
Assistance with recruitment and visa applications
VIP treatment for expatriate employees
After care
Intermediary role for future developments between government bodies and companies operating in Hungary
Support and generation of reinvestments
Sectors
Export regions
