The largest Hungarian business meeting in the US, the Hungarian Summit, took place for the first time on May 12-14, 2022 in the Museum of Arts and Science in Daytona Beach, Florida. This year’s summit aimed to strengthen educational relationships between Hungary and the USA, and – with the help of the Central Florida University’s Business Incubator Program – assist Hungarian start-up businesses to learn about the American business structure.
This event’s specific focus was also on the Hungarian Communities who live in the Diaspora.
Piros Pazaurek, HungarianHub President and Honorary Consul of Hungary in Central Florida, who is also the main organizer of the Hungarian Summit, told reporters: “This year, from May 12-14, in Daytona Beach, Florida, we will finally realize our long-cherished dream and plan to hold the first Hungarian-American business, cultural, and community relations meeting in the world: the Hungarian Summit.” She also emphasized before the summit:
It’s exciting to bring this new event to life. It’s going to be the most influential Hungarian-American event in the country. We invite everyone to come to check it out and experience the Hungarian culture.”
“This will be three days of Hungarian culture, insight, inspiration, networking, and more,” added Pazaurek.
Among the four major segments, business, education, culture, and public relations, this year’s fifth topic was sports. Each segment had Hungarian and American professional speakers and participants.
Representing the Hungarian state, István Jakab, Deputy Speaker of the Hungarian Parliament, said in his opening speech that he hoped that the cultural events, concerts, and exhibitions of the Hungarian Summit would contribute to “a better understanding of Hungary and the Hungarian people, and encourage more American citizens to visit Hungary to experience the beauty of our country and everyday life in Hungary.”
The first two days of the programs included presentations, round table discussions, and section symposiums. The event featured more than 75 speakers and over 70 distinguished guests. Present and speaking at the opening ceremony were Florida Senator Tom A. Wright, Volusia County Councilman Billy Wheeler (who hosted the event), and Nancy Keefer, president and CEO of the Daytona Chamber. The event was also greeted by a video message from Hungary’s Ambassador to the United States, Szabolcs Takács, Katalin Szili, the Prime Minister’s envoy, and Dénes Kemény, former captain of the Hungarian water polo team. One of the speakers at the event was former US Ambassador to Budapest David Cornstein (who, as we previously reported, will probably soon be succeeded by a new ambassador).
Tamás Barát, President of AmHunCham, when asked by BreuerPress International whether a Hungarian company can be successful in the US market, said:
The answer is definitely yes. However, it is very important that Hungarian companies that want to be successful in the US market understand that they have to abide by the rules of doing business in the US.”
“This means not only complying with US law and financial rules but also adapting their marketing communications and public relations activities to the requirements of the US market. If they want to start a company, they will not be able to build relationships or do serious business without American management and an American management approach.”
The final day was filled with concerts, movie premiers, fine arts exhibitions, audience meets, and a business expo for all event participants.
For more information, you can visit the website of the Hungarian Summit by clicking here.
Sources: BreuerPress International, East Coast Current, Yahoo! Finance
Featured image via the Facebook page of the Hungarian Summit