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Past Event

Challenges and Opportunities of Transatlantic IT Investments and Operations

Wed. May 11, 2016
08:00 am - 10:30 am


Learn about the major challenges and opportunities that define transatlantic business opportunities in the digital age.

Major changes are shaping today’s digital economy that affect foreign direct & indirect investments and the digital cross-fertilization of all regions and sectors. Giants in this space like Facebook, Apple and Google are battling with EU and U.S. regulators over privacy and information requests issues, regulators on both sides of the Atlantic along with international organizations like the OECD and the European Union itself are driving changes related to data transfers, privacy and how e-commerce will be taxed.

All of these developments will also affect investment promotion tools as well as the implementation of newly developed digital business solutions & models. This creates both challenges and opportunities for transatlantic business partnerships; for start-ups delivering IT solutions and for corporations looking to increase their efficiency and competitiveness.

Central Europe is one of Europe’s fastest growing regions, attracting more and more FDI into advanced manufacturing and the digital economy, yet the region is still underappreciated despite being the birthplace of numerous cutting-edge technology solutions & innovations.

At this breakfast/workshop we focus on two major economic development enablers:  taxation and digital solution with special focus on cloud solutions. We will discuss major trends with special attention to new regulatory trends and security.

8:00 - 8:30 AM Breakfast/Networking
8:30 - 8:45 AM Welcome and Opening Remarks:
Yvonne Bendinger-Rothschild, Executive Director, EUROPEAN AMERICAN CHAMBER OF COMMERCE
8:45 - 9:30 AM Panel I - “Expanding into Europe”
Short presentation on and discussion of some key elements of the business environment in Hungary, with special attention to: general regulatory environment, taxation, subsidies and the practice. This section gives opportunity for the audience to learn more about Central-Europe as FDI destination.
Christopher Ball, Quinnipiac University-Central European Institute (Moderator)
 Robert Esik, Hungarian Investment Promotion Agency
Miklós Sánta, EY
Paul Toldalagi, BTA-Advisors
Sheila Welch, Morgan Stanley
9:30 AM Coffee break
9:45 - 10:30 AM Panel II - "Security in the Cloud: New Enterprise Solutions on the Rise and Under Scrutiny"
Market access experts and companies that  ‘made it here’ are having a discussion on market access practices and challenges with special focus on entering the enterprise software space where privacy, and cyber security issues are crucial in both regulated and unregulated sectors.
Yvonne Bendinger-Rothschild, European American Chamber of Commerce (Moderator)
Mark Engelhardt, Attrecto
Gabor Garai, Foley and Lardner LLP
Ferenc Sipos, Balabit

EACCNY Members: Free of Charge
Non-Members: Free of Charge

Presented by The Budapest Business Club in Cooperation with the European American Chamber of Commerce New York
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