EUROPE Ltd was invited to a series of seminars to explain its transition economy experience in industrial development.

The "Cross-border mergers and acquisitions: policies and practice – Lessons from international experience" international seminar was organized by the United Nations Conference on Trade and Development (UNCTAD) and the Ministry of Foreign Trade and Economic Co-operation (MOFTEC) of China in Guangzhou, China.

It targeted high-level government officials in the privatisation area.  Economist focusing on industrial modernisation through capital market support, directors of investment banks and commercial banks, who provide project financing for industrial restructuring, mergers, and acquisition were present in high number.

Training seminars on privatisation and corporate governance.

"Foreign acquisitions of state-owned companies in Hungary – key lessons learnt", this was the title of the contribution of EUROPE Ltd’s expert to the China seminar. The lecture was reflected long after the UNCTAD seminar. Its main objective was to transfer ideas on the basis of the Hungarian experience how to ensure the maximum benefit from selling state-owned enterprises (SOEs) to foreign companies and how to avoid possible negative impacts. Benefits were described, as:

• integration into the world economy through the global networks of large multinational companies arriving to China as strategic investors,
• increased manufacturing exports to sustain external balances,
• macro-economic spill-overs to other sectors of the economy (multiplier effect, quality improvement effect),
• privatization is the harbinger of green field Foreign Direct Investment (FDI),
• financial investors could sustain the international attractiveness of stock exchanges,
• limiting the possibilities of political involvement into business decisions  (political corruption).