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Intermediate Members Meeting 2022

Budapest - Hungary
May 11 - May 13 2022

Hotel & Meeting Venue

Address

Venue

Kempinski Hotel Corvinus Budapest
Erzsébet tér 7-8,
Budapest, 1051 Hungary
+ Google Map

ACCOMMODATION
For all meeting delegates, special room rates were arranged at the Kempinski Budapest Hotel.

Perfectly located in the main central pedestrian zone in the very heart of Budapest. All major attractions of the city are just a few steps away.

GUEST ROOMS

The Premium Deluxe  guestrooms (32 - 35 sqm.) are spacious and luxurious

Room amenities include:  

  • Smart LED TV
  • Choice of pillows
  • Safe
  • Working desk
  • Bathroom: Bathtub & Shower
  • View: City view
  • Size: 32 m2 (344 ft2) - 35 m2 (377 ft2)

GUEST ROOMS ROOM RATES

Hotel confirms the following guest room rates:

 Room Type

SINGLE

DOUBLE

Premium Deluxe Room

244 EUR

269 EUR

 

The above rates are per room per night and include:

  • 5% VAT and 4* city tax
  • Extensive Kempinski buffet breakfast in ES Bistro
  • Complimentary wifi in all guest rooms
  • Complimentary entrance to the Spa including pool, sauna, steam room and fitness cente

 

CUT-OFF DATE
Cut-Off Date for rooms is 1 April 2022.

BOOKING METHOD

A dedicated link is now available for you to book your room online.

Book your room using this link

 

QUESTIONS/COMMENTS

Please email your secretariat using this address: [email protected]  

Business Agenda

Please find below the program for 11 April 2022. Please note that this agenda is still subject to further changes.

Wednesday 11 May 2022

19.00 – 22.00

Welcome Reception & Dinner

Foyer A + Room 1&2

Kempinski Hotel Corvinus Budapest

Thursday 12 May 2022

9.00 – 9.15

Welcome and opening of the meeting

Ed Turner, INAA Chairman

9.15 – 10.15

How the Metaverse Will Change Your Business?

Dr Mark van Rijmenam

10.15 – 10.45

How to do business in Hungary

Tünde KIS, Deputy CEO, Investment Promotion HIPA / Hungarian Investment Promotion Agency

10.45 – 11.15

Coffee break

11.15 – 11.45

Growth and Headwinds

What business perspectives for the Chinese Year of the Tiger?

MENG Ling, China Integrated

11.45 – 12.15

Sustainability and the accountants/auditors

Noémi Robert, Director, Accountancy Europe

12.15 – 13.30

Lunch break

Foyer Room 1&2

13.30 – 14.30

Workshop: Present and Future, how to modulate strategies - an HR approach

Facilitated by Dora Epresi, Coach & LSP Facilitator

14.30 – 15.00

Workshop: Present and Future, how to modulate strategies - an HR approach

Facilitated by Dora Epresi, Coach & LSP Facilitator

15.00 – 15.30

Coffee Break

15.30 – 16.30

Workshop: Present and Future, how to modulate strategies - an HR approach

Facilitated by Dora Epresi, Coach & LSP Facilitator

19.00

Meeting point in the lobby and departure for Gala Dinner

19.15

Gala Dinner at the Festetics Palace

Friday 13 May 2022

9.00 – 11.00

INAA Business session – members intro/reintro – strategy – partner’s presentation

11.00 – 11.30

Coffee break

11.30 – 12.30

No Health without Mental Health

Dr. Olivia Remes

12.30 – 14.00

Lunch

ES BIZSTRO

15.00 – 17.45

Private visit of the Hungarian Parliament

18.30

Pre-dinner drink & private ride on Budapest Eye

19.30

Dinner at Szent Laszlo Boat

Social programme

Note :

Meeting point for all tours is the lobby of the hotel,  15 minutes before departure.

Social agenda

Registration & Visa information

REGISTRATION is open !

 

REGISTRATION FEES

The following fees apply: 

CATEGORY

FEE

INAA Member - Delegate registration

FREE OF CHARGE

INAA GUEST REGISTRATION

750 EUR

Wednesday Optional tour

70 EUR

Saturday optional tour

120 EUR

 

Delegate Registration includes:

  • All educational sessions
  • Lunches & coffee breaks on Thursday and Friday
  • Wednesday Welcome Reception
  • Friday afternoon tour
  • Thursday and Friday Dinners

Guest Registration fee includes:

  • Wednesday Welcome Reception
  • Thursday and Friday Tours
  • Lunches & Dinners on Thursday and Friday.

 

CANCELLATION POLICY
Cancellation must be sent as written requests and have to be received by noon, CET, on Friday 15 April 2022. For cancellations received by this date, the total amount will be refunded, minus a handling fee of 100 EUR per cancelled participant for administrative costs.

Requests received after this date will incur a penalty fee of 100% of the registration fee. In case of cancellation received after 15 April, delegates will have to reimburse to INAA their attendance cost fixed to 850 EUR as INAA would already have committed and paid all suppliers by then. Shall there be any-force majeure reason that do not allow him/her to attend, the delegate agrees to inform INAA’s Secretariat in due time.

VISA

 If you’re a citizen of a European country, or of Australia, Canada, Israel, Japan, New Zealand and the USA, you do not require a visa to visit Hungary if you are staying no more than 90 days.  We suggest checking current visa requirements on the Hungarian Foreign Ministry website here.

If you do require a visa, Hungary is a member of the Schengen Agreement so if you have a valid visa for any country that is a member of the Schengen Agreement it is also valid in Hungary

Speakers


How the Metaverse Will Change Your Business?

Mark van Rijmenam

Future Tech Strategist, Founder of Datafloq

BIOGRAPHY

Mark van Rijmenam is The Digital Speaker. He is a future tech strategist who thinks about how technology changes organisations, society and the metaverse. Dr Mark van Rijmenam is an international keynote speaker, 4x author and entrepreneur. He is the founder of Datafloq and the author of the book on the metaverse: Step into the Metaverse: How the Immersive Internet Will Unlock a Trillion-Dollar Social Economy detailing what the metaverse is and how organizations and consumers can benefit from the immersive internet. He is the publisher of the ‘f(x) = ex‘ newsletter, read by thousands of executives, on the future of work and the organization of tomorrow. 

ABSTRACT

How the Metaverse Will Change Your Business

The future of business revolves around three megatrends: data, decentralisation and automation. Together, these trends will change how we manage organisations and how we run our society. As a consequence, we can state that we are living in exponential times, as due to the convergence of technologies such as big data, blockchain and AI, organisations will become data organisations and industries are becoming data networks. Recently, another major trend is taking the world by storm: the Metaverse. The metaverse is only possible due to the convergence of these technologies and this future version of the internet will have a major impact on the organisation of tomorrow. In this talk, Dr Van Rijmenam, also known as The Digital Speaker, will share his insights on how what the metaverse, iCommerce and NFTs are and share four ways how the metaverse will change accounting and audit firms. 

How to do business in Hungary?

Tünde KIS

Deputy CEO, Investment Promotion HIPA / Hungarian Investment Promotion Agency

HIPA (Hungarian Investment Promotion Agency) is a one-stop-shop management consultancy services providing  tailor-made offers and information packages for companies interested to invest in Hungary. HIPA also provides  access to necessary information about available investment sites, incentives, labour market, business environment, local suppliers and more. The agency helps companies to deliver strategic investment decisions by providing accurate information and relevant advice as well as mediate between government and business based on your inputs to ensure our common success

Growth and Headwinds - New business perspectives for the Chinese Year of the Tiger

Meng Ling

Partner in China Integrated Co, Ltd

Partner in China Integrated Co, Ltd. since 2006.

Part-time CFO in Cheers Wines from 2016 to 2021; Part time General Manger of Angenstein’s China manufacturing subsidiary for its first year of operation in 2006-2007.

Specialized in Foreign Direct Investment project management, with 20 years experiences in supporting on successful China market entry, operation management and restructuring for around 150 international companies in various business fields including among others, in healthcare. medical devices & pharma, electronics and telecommunications, electrical & mechanical engineering, machinery, printing, software & dotcom, consumer goods, new energies and new materials.

Expert in Chinese laws, with added specialization in finance, tax and HR, among others.

Experience in managing public-private partnership projects (Swiss Centers China), working with government organizations (Swiss and Chinese) (Location Switzerland, and other projects)

Contributed articles to the book  Behind the China Kaleidoscope (2006) – A Guide to China Entry and Operations. Delivered speeches in seminars and events with China business related topics.

BA in Law from Southwest University, Chongqing, China.

China Integrated Switzerland General Manager, working and residing in Neuchatel, since 2021.

ABSTRACT

Growth and Headwinds - New business perspectives for the Chinese Year of the Tiger

Amid the pandemic, China has witnessed its growth by 2.2% in 2020, 8.1% in 2021, and now is expected to reach 4.4% in 2022 according to the IMF (update of end April 2022). At the same time, during the first pandemic year, the world economy shrank by about 3.4%, with a recovery of 6.1% in 2021 and projection of 3.6% for 2022.

China’s development during the pandemic has generated continued considerable business interest, so much that Foreign Direct Investment (FDI) reached an all-time high of USD 179 billion in 2021. In Q1 2022, FDI in China continued to increase (by 25.6% year-on-year) despite extraordinary restrictions on international travel into China.

Yet the economic environment in China will not be less challenging than in the past two years of the pandemic. To maintain a zero-covid policy in the face of the Omicron variant, massive lock-downs are underway in big industrial and commercial cities such as Shanghai, Shenzhen and Guangzhou.

Under the circumstances, understanding the sources of China’s continuing growth and development becomes more and more important for identifying opportunities and deciding what investments will be successful in future. And it is as well as important to understand how international firms can do business in today’s China particularly complex environment.

China Integrated looks forward to sharing with INAA members its 30 years of experience in supporting international companies for their business entry and development in China. The presentation will include analysis on China’s growth sectors, solutions as well as opportunities that may be of interest for the clients of INAA’s members and illustrations through concrete projects that China Integrated is handling.

Sustainability and the accountants/auditors

Noémi Robert

Audit & Assurance Manager, Accountancy Europe

BIOGRAPHY

Noémi Robert has been working for more than ten years at Accountancy Europe, specialising first in audit and assurance, ethics and corporate governance, moving on to sustainability and sustainable finance. Noémi is also the director in charge of the association’s governance, members’ engagement, and business development. From 2015 to 2020, Noémi represented Accountancy Europe on the Consultative Advisory Groups (CAGs) of both international standards boards the IAASB and IESBA. Noémi has extensive experience in auditing, corporate reporting and consolidation in International Financial Reporting Standards (IFRS), gained while working with Deloitte in Luxembourg, France and Belgium, and with Aliaxis Group in Brussels, Belgium. She is a Certified Public Accountant in France and has an MBA in Audit and Controls from SKEMA Business School of Management, Lille, France.

ABSTRACT

Sustainability and the accountants/auditors Accountancy Europe will provide INAA members with an overview of the main points included in the Corporate Sustainability Reporting Directive proposal currently under final EU negotiations. We will also debate why the CSRD is important for Europe and how this will impact the accountancy profession.

Workshop: Present and Future, how to modulate strategies - an HR approach

Dora Epresi

LEGO Serious Play facilitator, Business coach, Economist

Creativity, innovative methods, freedom of thought, collaboration, and an atmosphere of trust - these are the common factors of her coaching and facilitation processes. As a trained LEGO® Serious Play® facilitator she uses a method that is proven to be a playfully serious, effective opportunity for organizational development. With the help of her solid HR and psychological background, Dora likes workshops that go deeper than an average training – enhancing self-awareness in the business development-related fields.

Dora used to live in Great Britain, Italy and Germany and took part in international projects during her career. She gained experiences both in the public and private sectors, mainly working with SMSE-s, and also with multinational companies. She believes that the power of cultural diversity serves as a strong base for the collection of fruitful ideas in the field of business development.

No Health without Mental Health

Dr. Olivia Remes

Mental Health Expert, Researcher at University of Cambridge

BIOGRAPHY

Dr. Olivia Remes has spent the last ten years researching mental health at the University of Cambridge.  Her work has been featured by the BBC and National Public Radio in the US.  Her research areas include mental health in the workplace.  She has developed a system of coping strategies that helps individuals thrive, and leaders to increase the effectiveness of their organisation as a whole.  She is also an executive coach working with individuals to help them reach their goals, and has written a book called The Instant Mood Fix. 

ABSTRACT

No Health without Mental Health

Approximately 15% of employees are affected by symptoms of poor mental health, and there are significant costs tied to this. In fact, employers spend about £33 billion on aspects such as, declined productivity and employee absence due to illness. And mental health is an important component factoring into this.

Poor mental health can lead to increased disability claims, a sicker workforce, and lowered motivation at work. If employees are dissatisfied and feel unsupported in their jobs, then staff turnover and lower commitment to the organisation can follow.

In this talk, Dr. Olivia Remes will share ways to address these factors and tackle mental health in the workplace.


Practical Information

HOTEL

Kempinski Hotel Corvinus Budapest

Erzsébet tér 7-8, Budapest

1051 Hungary

Check-in time: 15:00 – Check-out time: 12:00

 

The hotel is easy accessible:

  • From the highway from Vienna - Just 2,5 hours
  • From the airport - Just 30 minutes
  • From railway stations - Just 15 minutes
  • From embankment side of Danube River - Just a stone's throw away
  • From subway and bus stations - Just a few steps walk

 

GET TO THE HOTEL

By car:

Arrival by car - on the Highway from West, Northwest, Southwest

Arriving from Vienna/Bratislava/Prague/Zagreb on the M1/M7 highways, take the direction of Erzsébet híd (bridge). After crossing the river, take the first exit to get off the bridge with a small U-turn. Take the first street on the right and immediately turn right again in the direction of the Danube on the embankment side. Drive along under Erzsébet híd (bridge) until the second set of traffic lights, stay in the right lane and before Lánchíd (Chain Bridge), turn right again to cross the tram rails onto Széchenyi tér. Proceed along József Attila utca (street) to Bajcsy-Zsilinszky út (street), drive around Erzsébet tér (square), turning right twice, and after the traffic lights, you’ll arrive at Kempinski Hotel Corvinus Budapest, which is the second building on your left and opposite the park.

 

By taxi: 

The airport is 24 km/15 miles (ca 30-minute ride) from the centre of Budapest.

The airport’s official taxi partner is Főtaxi. Head out of the Arrivals Hall and register your destination address at their branded booth. All Budapest cabs must use a meter, and the tariffs are regulated. Depending on traffic, the transfer to Kempinski Corvinus costs approximately EUR 28. You may take any other pre-ordered taxi from the platform over the Főtaxi lane. Please note that there are unlicensed drivers offering their services in the arrivals hall.
 

Wi-Fi LOGIN INFORMATION

The wifi connection is available throughout the hotel as well as in the hotel rooms and is free of charge.

There is no limit of devices per person.

Internet Speed: 25-50Mbps (shared between all clients connecting)

 

REGISTRATION AND BADGING

All participants (delegates and guests) are kindly requested to wear their name tags at all times.

Badges can be collected from the INAA registration desk located in:

Room 4, First Floor,  Kempinski Hotel Corvinus Budapest on Wednesday 11 May from 9:00 – 17:00

 

LOCATIONS

 

Function

Date

Timing

Venue

Board Meeting

11 May 2022

9:00 – 17:00

Room 6

1st Floor, Kempinski Hotel

Welcome Reception & Dinner

11 May 2022

19:00

Room 1&2,

1st Floor, Kempinski Hotel

Meeting

12 May 2022

9:00 – 17:00

Room 1&2,

1st Floor, Kempinski Hotel

 

Lunch (delegates)

12 May 2022

12:00 – 13:30

Foyer Room 1&2,

1st Floor, Kempinski Hotel

 

Gala Dinner

12 May 2022

Departure Time from the hotel: 19:00

Start Time: 19:15

 

Festetics Palace  

Meeting

13 May 2022

9:30 – 13:00

Room 1&2,

1st Floor, Kempinski Hotel

 

Lunch (delegates)

13 May 2022

13:00 – 14:15

ES BISZTRO

Kempinski Hotel

Dinner

13 May 2022

Departure Time from the hotel: 19:30

Start Time: 20:00

 

Spoonboat

 

Breakfasts

An extensive Kempinsky buffet Breakfast will be served at the ES BISZTRO from 6:30 to 10:30.

Gym

Fitness centre is open daily from 7:00am to 9:00pm

Spa

Spa treatments are available daily from 9:00am to 08:00pm

Wellness Facility: Pool, Sauna area is available daily from 9:00am to 08:00pm

 

DRESS CODE

Business Sessions: Business Casual*

For men : trousers, collared shirt; jacket & tie optional.

For women : skirt or trousers; jacket optional

*You may wish to bring a jacket or sweater as the temperature in meeting rooms may vary.

 

Wednesday Evening Reception & Friday Dinner: Smart Casual

For men: Trousers, collared shirt; jacket & tie optional.

For women: Skirt or trousers; jacket optional.

 

Thursday Gala Diner: Business formal

For men: Jacket is a must.

For women: Cocktail dress is recommended.

 

Friday Tour: Casual, comfortable clothing Footwear: Boots or closed toed shoes only. For women : No heels.

 

MEETING POINT FOR TOURS DEPARTURE

Please meet us at the lobby of the Kempinski 15 minutes before the departure of each tour.

 

LANGUAGE

English is the official language of the meeting.

 

CURRENCY

The local currency in Budapest is Hungarian Forint (Ft), sometimes referred to as HUF.

Currently the exchange rate is approximately €1 = 354 Ft . (rate at 4 February 22)

There are many ATMs (cash machines) around the city which accept all major credit and debit cards (Visa, MasterCard, Plus, Maestro, Cirrus). The majority of shops and restaurants also accept cards.

 

WEATHER IN BUDAPEST

Budapest, Hungary, in May sees the days warm up and get sunnier. However, frequent rain and overcast skies keep the temperatures at moderate levels.

The average daily temperature is 16°C at night, it drops to a chilly, yet not too cold, 11°C. The temperature in the evening is pleasant enough to go out for a walk or sit outside in one of the terraced restaurants enjoying the beautiful views of Budapest, its people and lifestyles.

ELECTRICITY

The electric current in Hungary is of 230 V and 50 Hz. If you need an adapter for your electric devices, it is recommended to get one at home or at an international airport, because at Hungarian hardware stores you will most likely only find adapters intended for Hungarian people to take abroad.

 

WATER

The tap water in Budapest is healthy & safe to consume.

 

TIME ZONE

Hungary is in Central European Time zone: UTC/GMT+1 hour.

 

PHONE

The international access code for Hungary is +36

 

SAFETY

If you take the normal precautionary measurements Budapest is a safe city:

  • Take care of your wallet and bags in crowded areas
  • Don’t buy anything from street vendors
  • Be careful taking a taxi. It’s always better to let the hotel order a taxi or to call one.

EMERGENCY NUMBERS

  • Emergencies : 112
  • Ambulance: 104
  • Police: 107
  • Fire service: 105
  • Tourist Police (0-24): 06-1-438-8080