Plant protection products company Chemark, organic pasta and oil producer Agri-Corn, and Első Pesti Malom ("First Hungarian Mill") have started the joint international training program ELITE of the London Stock Exchange Group and the Budapest Stock Exchange. Thus, the number of the Hungarian medium-sized companies participating in the training providing corporate finance, management and networking opportunities expanded to 12. BSE aims to facilitate domestic medium-sized enterprises' development.
Leaders of seven Hungarian companies were on hand to ring the opening bell Tuesday at the London Stock Exchange, marking their participation in the joint business development programme of the Budapest Stock Exchange and ELITE, a company of the London Stock Exchange Group. In line with BSE strategy, the ELITE programme aims to provide world-class training to Hungarian companies to enable them to later successfully conduct capital raising activities.
The Budapest Stock Exchange (BSE) is announcing that it has signed an agreement with ELITE, London Stock Exchange Group’s successful business development programme, to support the implementation of ELITE in Hungary. Starting in 2017, ELITE in partnership with BSE will provide Hungarian companies with world-class tailored training that takes domestic economic considerations and regulations into account. The aim is to give Hungarian companies the confidence to incorporate capital-raising opportunities offered by the capital markets into their future plans.