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Hungarian Investment and Trade Agency (HITA)
Presentation by
Ms. Erzsébet Dobos
President
Latin-American Economic Forum of the Danube Region
11th October 2012
Hungarian Investment and Trade Agency (HITA)
Founded by the Hungarian Government in 2011 to implement foreign economic
strategy
Supervised by the Ministry for National Economy
Headquarter in Budapest, 15 regional offices in Hungary and linked to 62 offices
around the world
150 employees, highly qualified consultants
Main Tasks of the Agency
Trade Development
Investment Promotion
Promote and facilitate foreign
investments (project
management, incentives,
supplier programme)
Encourage Hungarian SMEs to
expand their activities at an
international level
Why Hungary?
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Well-qualified and flexible labor, with competitive conditions
Great logistics
Governmental incentives (cash subsidy, tax allowance)
Investment friendly legal environment
Competitive tax system
Business environment
Extensive local supplier network
Long and successful tradition of cooperation between the universities and
the producers in R&D
Sectors in Focus for Investment Promotion
Manufacturing Industries
and Energy
Knowledge-based Industries
and Services
• Automotive
industry
• Electronics
• Renewable energy
• Chemical industry
• Food industry
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Life science
Logistics, R & D
ICT
SSC
Investment Project Management
Pre-decision
• Information packages
• Assistance in location
search and evaluation,
site visits
• Partner meetings
Implementation
• Site selection
assistance
• Assistance with
incentives agreements
Operations
• Expansion assistance
• After care services
• Intermediary body
between the
government and the
companies
OUR MISSION is to win new investments into Hungary and
support the expansion of the already settled ones.
Investment Decisions in 2011
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AGCO, USA, shared service center
Audi, Germany, car production
BBCA, China, chemical industry
DHL, Germany, shared service center
Hanaro TNS, Korea, logistics
Huawei, China, logistics
KBC, Belgium, ICT
LEGO, Denmark, toy manufacturing
Mivisa, Spain, logistics
Modine, USA, automotive industry
Motivating Graphics, USA, packaging industry and graphical creation
Latest Investment Decisions in 2012
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AVIS, shared service centre - expansion
Delimpex Oliva, rabbit breeding
Rehau, automotive industry
Hoya, medical device manufacturing - expansion
Raiffeisen Bank, shared service centre - expansion
Delphi, automotive industry – expansion
ZTE, network operation centre - ICT
Coca Cola, beverage manufacturing - expansion
Supplier Services
Main goals:
Instruments:
•Enhancing business between foreign OEMs
•Trainings, conferences, development
and Hungarian suppliers.
programs, exhibitions
•Increasing the competitiveness of the
•Match-making events between suppliers and
Hungarian companies
OEMs
•Supporting the Hungarian settled OEM’s
•Long listing, pre-filtering and contacting
Hungarian companies in demand of OEMs
Trade Promotion Services
Exhibitions and trade shows
Conferences, B2B meeting
Individual consulting
“Tailor- made” partner search
Trade development tenders
Seminars, workshops, training
SME Academy
Meet my Country!
Enterprise Europe Network
Carpathian Region Business Network
Main Professional Partners
Chambers of commerce & professional associations
Clusters
Foreign Embassies in Hungary
Government agencies
IPA / TPO agencies
Local authorities & Regional Development Agencies
Private consulting firms
Our Relations with Latin-America
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Our first Latin-American office was opened in Sao Paulo in April 2012
E-mail: [email protected]
• Hungary-Latin-America Business Forum in March 2012
Organised by HITA jointly with the Ministry for National Economy and the
Ministry of Foreign Affairs
160 attendees from 12 countries
International speakers from 6 countries
Opened by H.E. Dr. Angelino Garzón Vice President of the Republic of Colombia
Our Partner Institutions in Latin-America
Other Latin-American organisations we wish to establish contacts with:
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CEPEC - Cuba
ProMéxico
ProChile
Proexport Colombia
We welcome co-operation with other Latin-American investment and trade
development agencies!
HITA Programs in Latin-America in 2012
Fairs and exhibitions:
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FISPAL Tecnologia, Sao Paulo
SIAL Brazil, Sao Paulo
AMS South America, Sao Paulo
30th Havanna International Fair, Cuba
Other events:
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First session of the Hungarian-Brazilian Joint Economic Committee in Brazil
Brazilian –Hungarian Business Forums and B2B meetings in Sao Paulo and Rio de
Janeiro
Hungary’s Foreign Trade with Latin-America
(Million USD, 2011)
Mexico
Brazil
Colombia
Argentina
Chile
Bolivia
Peru
Venezuela
Uruguay
Cuba
Ecuador
Guatemala
Paraguay
Source: Hungarian Central Statistical Office, 2012
Export
371,32
263,95
13,19
25,86
18,64
21,65
11,38
11,63
4,20
2,12
1,94
1,53
0,98
Import
Total turnover
404,72
776,04
140,29
404,24
28,60
41,78
13,80
39,66
10,52
29,16
0,01
21,66
1,70
13,08
0,03
11,66
5,21
9,41
0,08
2,20
0,01
1,94
0,02
1,55
0,06
1,04
Thank you for your attention!
For further information please contact:
Hungarian Investment and Trade Agency
Phone: +36 1 872 6520
[email protected]