Introducing Hungarian Investment and Trade Agency

Dr. Péter FaragóVice-President

Who We Are?

• Governmental agency for investment promotion and trade

development

• Headquarters in Budapest, regional offices throughout Hungary

and linked to 63 offices around the world

• 150 employees, mainly consultants

• Main activity: consultancy, mediation, information, and around 500

programmes yearly (trade fairs, B2B meetings, conferences,

roadshows, etc)

Introduction of Hungarian Investment and Trade Agency

Main Tasks of the Agency

Promote and facilitate foreign investmentsOffer one-stop-shop services for the clientsPromotion of government incentivesOperative guidance through the implementation phaseHelp to get licences, real estate, consultants, etc.

Encourage Hungarian SMEs to expand their activities on international level (trade promotion)

Internationalization: capital export, facilitate joint ventures, international technical cooperation

Domestic network

Central office: Budapest 15 regional offices outside Budapest

covering the whole country

Foreign network

61 foreign offices in 47 countries all over the world

74 trade and investment counsellors

Offices in Hungary and abroad

Goals

• To contact SMEs with export potential and provide individual consulting

• Joint cooperation with authorities and chambers of similar profile

• Presenting innovative, high quality, top of class productions and technologies abroad

• Entering foreign markets outside of the European Union

• Implementing Foreign Trade Strategy

• Maximize the opportunities of Hungarian suppliers

• Helping in the internationalization of SMEs (capital allocation, international technology cooperation)

Leading Sectors in Hungary

Manufacturing Industries and Energy• Automotive industry• Electronics• Renewable energy• Chemical industry• Food industry

Knowledge-based Industries and Services• Life science• Logistics, R & D• ICT• SSC

Our Services

Investment Promotion

• One-stop services for foreign investors

Supplier Services

• Enhancing business between foreign OEMs and Hungarian suppliers

Trade Promotion

• Export development programs for Hungarian SMEs

• Project management through pre-decision, implementation and operation

• Information packages• Assistance in location

search • Assistance in applications

for governmental incentives

• Intermediary body between the government and the companies

• Exhibitions and trade shows

• Conferences, B2B meetings

• Individual consulting • “Tailor- made” partner

search• Seminars, workshops,

trainings, SME Academy

• Trainings, conferences, development programs, exhibitions

• Match-making events between suppliers and OEMs

• Long listing, pre-filtering and contacting Hungarian companies in demand of OEMs

Hungarian Investment Projects

Aim of the program: Bridging the gap between Hungarian small and medium enterprises and investors.

The projects have to meet strict selection criteria:• Business plan: feasibility study, cash flow plan, return on

investment, market research, competitors, risk analysis, SWOT, etc.

• Business model• Uniqueness in case of innovative product• Distinctive strategy from competitors • Interest of the investor

The projects are offered to investors in the form of the HIP flyer.• Our primary targets for finding investors to our projects

include: Hungarian Jeremie funds, other Hungarian funds and foreign investors.

Hungarian Investment Projects

• Agriculture and food industrySetting up a water bottling factory (1 m. EUR)

• Biotech and life sciencesJoint venture partnership in innovative painkiller technology–R&D (15 m. EUR)

• ICT and electronicsNext Generation 3D Television – expanding operation (14 m. EUR)

• Renewable energySetting up bioethanol, biogas, biomass plant (95 m. EUR)

• TourismThermal Spa Hotel and Villapark – implementation of project (100 m. EUR)

Hungarian Technology Projects

HITA is ready to assist and introduce Hungarian actors in the world of development cooperation: • Consultation on technology potentials

• Identification of project opportunities for SMEs

• Technical assistance over bilateral and multilateral financing opportunities (Private loans, Eximbank, EU, UN, WB, etc.)

• Matchmaking of private sector’s capacities and possibilities

• Lobbying for Hungarian companies at national and international level

Hungarian Technology Projects

• Collection of goods, production methods and know-hows developed in Hungary

Sectors:• Rural development,• Water management• Environmental protection• Urban development• Infrastructure development• Energy• Industrial development

Areas of cooperation: • from consultation to complex

turnkey technology transfer

Incentives

1055 BUDAPEST, HONVÉD UTCA 20. TELEFON: (+36) 1 872 6699 FAX: (+36) 1 872 6699 WWW.HITA.HU

Latest investment decisions in 2013

• Coloplast, medical devices manufacturing• OPEL, engine manufacturing • ZF Lenksysteme, steering gear manufacturing• Hankook, tyre manufacturing• Hewlett-Packard, IT• Sauflon, contact lens manufacturing• Procter & Gamble, personal care products manufacturing• General Electric, establishment of an oil & gas branch• Greif, shared service center• Bridgestone, tyre manufacturing• BorgWarner, transmission manufacturing• Jabil, electronics manufacturing

Thank you for your kind attention!