d e n t o i i n U pass rise by nterp e r fo
SINCE 1995
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© ITL GROUP, 2016, Budapest Content and text: Alessandro Farina, Claudia Leporatti Photography: Andrea Piacquadio Graphic design: Míra Judit Szántó
d e t i n U passion by nterprise e r o f
ITL | PASSION | 5
This is our guiding principle when assisting companies operating in Hungary. So far, so good: we’ve helped more than 500 companies with their daily requirements, supporting the development of their activities and advising them about the local market. Your company could be the next to benefit from this approach.
Alessandro Farina Managing Director ITL Group
S I S I T H W... O H
ITL | HISTORY | 7
L L A . IT . . N A G E B
N O P U E C O N I M E ... T A 1992
Alessandro Farina moves to Hungary, cutting his teeth at a renowned English consultancy firm. Its clients include industrial, trade, agricultural, and real estate companies.
1995
He establishes the ITL Group and starts providing corporate services. The first slogan was
predict if you want tyoou have to the future, the present understand and it became the guiding principle which encouraged the company’s growth in the following years.
ITL | HISTORY | 9
36o°
1998
Partnership is established with the Lajos Law Firm, run by lawyer Levente Lajos. A good partner and true friend: clients received his complete support, and he shared the burden of numerous market challenges over the following years.
2ooo
ITL Accounting is established, making what once was an outsourced activity into an integral part of the ITL Group. The company makes a considerable investment in IT to guarantee high-quality services.
2oo1
The company keeps growing. The ITL Group HQ is refurbished and expanded to welcome new staff. The group expands its managerial services for its clients, becoming a veritable one-stop shop.
TOP ONE SNE SHOPÂ O
2oo2
2oo4
The ITL Group establishes Kopernikusz, a non-profit organisation dedicated to developing training programmes and managing European Union tenders. It’s run by Barbara à cs (in 2016, the organisation was annexed to the Group and renamed ITL EU Finance).
The ITL Group gains more experience and starts providing visual merchandising and training services to well-known Italian retail chains. This leads to further work with international large-scale retail groups.
2oo3
ITL Marketing is established. The department provides communication, marketing, event planning, and market research services. Luigino Bottega heads the department, given his previous experience creating social communities and platforms in Italy.
ITL | HISTORY | 11
2oo7
We continue growing‌ and the ITL Group moves its offices to the pedestrian zone of Våci utca 81 in Budapest (current location). With the move, all departments are now under one roof. Moreover, the company rebrands and gradually increases its range of services.
2oo8
Economia.hu is launched. The portal, written in Italian and curated by Claudia Leporatti, provides information on the Hungarian economy. The newspaper has become the most read publication on the economic exchanges between the two countries. It also hosts a database listing Italian investments in Hungary.
2o12
2o1o
The ITL Group launches “Budapest Business Party�, a yearly event targeting the international business scene in Budapest. Its resounding success makes it a go-to event in the following years, with attendance constantly skyrocketing!
Together with DĂłra Szeles, an auditor who gained considerable experience at other international companies, ITL Audit is born. The department mainly implements audits and transfer pricing services.
2o11
ITL HR Solutions is born thanks to the appointment of Andrea Varga, followed by Judit Graczer. The department focuses on research, staffing selection and provision as well as other HR services. The client list soon grows to include renowned multinational companies.
ITL | HISTORY | 13
2o13
ITL Real Estate is established and two housing experts are appointed: Federico Brilli and Szilvia Schenk. The two are responsible for signing framework agreements with various credit institutions and assisting them in the divestment of non-performing assets, auditing line of credits, and brokering real estate.
2o13
Alessandro Farina is awarded the grade of Officer of the Order of Merit of the Italian Republic for his
economic g in t la u im t s “role in hanges c x e s s e in s u and b and Italy.� y r a g n u H n e betwe
That same year, the ITL Group starts its outreach programme, assisting Italian citizens residing in Hungary with matters relating to INPS, the Italian National Social Insurance Agency.
2o14
The ITL Group publishes “Hungary 2014: a Guide to Investment”, which offers an overview on the Hungarian economy, politics, and taxation system. The book was so successful that its rights were acquired by the HIPA (Hungarian Investment Promotion Agency) to promote the country.
2o14
That same year, the ITL Group completely refurbishes its offices to make space for even more staff. The company today employs a staff of 50 people. The ITL Group receives the prestigious “Il Ponte” award by the Italian Chamber of Commerce in Hungary.
ITL | HISTORY | 15
2o15
The ITL Group celebrates its 20th anniversary and plans the new Economia.hu portal.
2o16
The ITL Group publishes its new brochure…
hold e ’r u o y e n the o now! right
ing
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2h
flight
ITL | LOCATION | 17
e h t n I art of he e... p o r u E
1h
flight
Hungary’s position in the heart of Europe is certainly an asset for the businesses established here. In fact, its prime location allows them to reach 20 different countries and target a pool of 250 million consumers within a 1,000 km radius. With these figures it can keep up with the entire European market with its more than 500 million consumers.
Slovakia
Wien
Ukraine
M30
bratislava
M15
Austria
M3
M2
M1
M3
M25
M3
M10
M35
M0
M86
BudapestM0 M4
M8
M4 M8
M9
M44
M5
M7
Slovenia
M9
M60 Zagreb
Croatia
Romania
M9 M6
M9
Serbia
M13
M49
e h t ...In t of r a e h pest a d u B Our offices are located in the heart of Budapest. They can be easily reached from the airport and are well connected to the rest of the city. You can also leave your car in our underground car park.
ITL GROUP Vรกci utca 81. 1056 Budapest Hungary
ITL | LOCATION | 19
Alessandro Farina info@itlgroup.hu www.itlgroup.hu
Picture your ideal world: a place where quick and exhaustive answers to all your questions are always within reach. Impossible? Think again. As a one-stop shop, the ITL Group can meet all your demands and promote your growth in Hungary. Our main asset is our close-knit group of local and international experts: they’ll provide your company with targeted solutions for every step of the journey. Flexible, tailored services where an ethical approach, transparency, and respect are key, all consolidated by our dedication and passion for what we do. Our wide experience is based on over 20 years of supporting a considerable number of companies and projects. Will you be our next success story? There’s only one way to find out...
ITL | DEPARTMENTS | 21
FOCUS ON HUNGARY BY ITL GROUP
, m s i l a n o i s s e f o r , P n o i : t h a c c a i o d r e p d ethical ap . and an your service at
ITL | DEPARTMENTS | 23
n a Financial report c u o Y on us! andanalysis financial t n u o c Veronika Lázár Anikó Molnár info@itlgroup.hu www.itlgroup.hu We’ll draft a safe and transparent company roadmap based on your needs. International excellency represented by ITL Accounting meets outstanding Hungarian numeracy skills and professional expertise. Our accountants are always up-to-date with the latest legislation: every year, they take part in top CPD and specialisation courses. Our “E-Accounting” platform also gives clients real-time access to their bookkeeping: all data available at the touch of a button! For instant and vital access to reliable and up-to-date information.
Bookkeeping (insource & outsource)
ITL | DEPARTMENTS | 25
E-Accounting 24/7 access
Management control
Payroll records
Direct and indirect tax returns
: e p o r u E s i s s s i e h n i T s u b n a e m we
er f s n a Tr icing pr
Financial audit
Dóra Szeles info@itlgroup.hu www.itlgroup.hu Entrepreneurs can sleep sweet dreams thanks to ITL Audit: their companies are in good hands. A financial report can only be truly verified when a thorough audit is carried out in line with international standards. A successful and transparent audit also represents a guarantee for suppliers and clients. The rules are the same in Europe. Don’t underestimate a problem until it’s too late! Moreover, transfer pricing laws are extremely severe. We’ll carefully draft your documentation and prepare your internal regulation.
Due diligence
ITL | DEPARTMENTS | 27
: e p o r u E o t r a e t m s o Welc ng a ! e c i n t e a i e r cr expe
12
Barbara Ács info@itlgroup.hu www.itlgroup.hu Laying the foundations of your business can be extremely hard… but it becomes easier if you allow someone to help you. Your company may be eligible for European Union financial aid and concessions which will streamline your investment. Every year, a growing number of companies reap the fruits of their labour also thanks to these financial instruments. Let us guide you in the complex world of financial concessions and banking systems. We’ll be happy to find the ideal resources and structure your action plan. What are you waiting for?
ITL | DEPARTMENTS | 29
Project management
European Union tenders
Financial concessions consultancy
Private and public funds research
? m e l b o r p a Got t o g e We’v tion. u l o s e th
Fiscal consultancy VAT consultancy
Gábor Tolnai info@itlgroup.hu www.itlgroup.hu You should fully understand Hungarian and international legislation to harmonise your fiscal operations if you want to avoid sanctions or unpleasant consequences. The interpretation of legislation is constantly changing. Today, you’re pushed to make snap decisions on the fly every day. Let our experts help you and together we’ll find the perfect solution. Risk is part and parcel of an entrepreneur’s life, but walking into an unknown situation can imperil your business and reputation. RPC (Rapid Partner Control) is a discreet and instant way to verify the reliability of your targets (clients and suppliers). Play it safe.
Fiscal representation
Supplier and client background check
ITL | DEPARTMENTS | 31
Tax dispute
g n i t a ue e r C val e u r t Federico Brilli Szilvia Schenk info@itlgroup.hu www.itlgroup.hu
Creating value: the bedrock of your business operations. One of our assets is to only offer the best business and residential solutions on the market after consulting with our partners or the credit institutions. Our up-to-date housing “observatory� is the result of more than 10 years’ experience in real estate. This compendium is bursting with data and news, and highlights the ideal solutions for your projects with the aim of streamlining your investments. Values and cities are constantly changing, pushing us to always anticipate market trends.
Property evaluation
Real estate brokerage
ITL | DEPARTMENTS | 33
Property management Contract of sale assistance Title search
! ! y t i m v i o at , e o r c Bsting with, strategys...
Bur eativity madnes Cr inch of p a d n a
Communication strategies
Luigino Bottega info@itlgroup.hu www.itlgroup.hu
If you want your message to stand out it has to speak to the heart. The perfect recipe to obtain the desired result? Pour plenty of creativity, stir in some strategy, whisk vigorously, throw in a pinch of madness for good measure, and voila! Dithering on graphics and semantics is useless unless you also arouse your audience’s emotions. Forget all you know... and we’ll show you a whole new world!
Partner and market research
ITL | DEPARTMENTS | 35
Event planning
Website development
Press
Social media marketing
d e n r a w ! e d r e Fo rearm o f is FOCUS ON HUNGARY BY ITL GROUP
Claudia Leporatti info@itlgroup.hu www.itlgroup.hu First things first: coffee. The morning newspaper is the next essential step for every entrepreneur. Up-to-date information is essential for long-term corporate planning, and Economia.hu has become the main Italian portal on the Hungarian economy. It’s also the go-to resource for updates on fiscal and legal matters as well as the Italian economy in Hungary. Moreover, the portal contains numerous useful consultancy tools for entrepreneurs and can be accessed via the main social media channels. Economia.hu is an ITL Marketing product.
News on the economy
Italian investment database
Investment Guide
ITL | DEPARTMENTS | 37
Sales of advertising space Webinars Advertorials
e h t t A ing wheel steer our career y f o ! s s e c c u s d an Judit Graczér Andrea Varga info@itlgroup.hu www.itlgroup.hu Transforming your companies into flawless and powerful cars. You need a powerful engine to reach breakneck speeds. HR are your HP: powerful and flexible, to be chosen and managed with the utmost care. Our experts are used to analysing your company, testing the engine, and replacing broken parts. Using the highest research standards means we can offer you a targeted selection of candidates best representing your company values. Change doesn’t always come easy. That’s why we’re here to help.
Talent ac9uisition, selection, and hiring Organisational development and coaching
ITL | DEPARTMENTS | 39
HR outplacement and outsourcing
s t n e i l c r u o t y l h n g i O r s y a w l a are Levente Lajos info@itlgroup.hu www.itlgroup.hu Nobody likes going to the doctor nor the lawyer, but better safe than sorry... Focus on your business while we expertly take care of everything else. Taking a good look at a contract before signing it can diminish future disputes and increase the possibility of winning court cases, as well as speeding up potential credit collection procedures. Our lawyers have long-standing local and international experience under their belts, and will become your go-to contact for the success of your company.
ITL | DEPARTMENTS | 41
Insolvency
Disputes and litigations
agricultural commercial European Union labour property penal tax
LAW
ITL | REFERENCES | 43
H-1056 Budapest, Váci utca 81 · (+36 1) 269 5679 info@itlgroup.hu · www.itlgroup.hu