PRESENTATION OF THE HUNGARIAN CHAMBER OF COMMERCE AND INDUSTRY
THE BASICS Hungary 27 April, 2017 Businessland Hungary 9.96 million people, 92,000 sq km Landlocked; centrally located astride main transport routes; Temperate climate; mostly flat terrain; 19 counties, capital: Budapest Stable political environment Private sector: over 80% of GDP Core industries: automotive, IT, pharmaceutical, biotechnology, medical engineering, food, chemicals Core services: communication, tourism, logistics, R&D, SSC, renewable energy Good infrastructure SMEs provide 60 % of employment, contribute to GDP by 40 % Reliance on imported energy sources Hungary 27 April, 2017 Businessland Hungary
Per capita: 24,942 USD (PPP, 2014) Real growth: 3,6 % (2014) GDP GDP composition Agriculture: 3.4 %, industry 28 %, services 68.7 % GDP end use Households: 55.5%, Government: 20.4 %, Investments in fixed capital: 16.4 % Output growth Industrial production: 7.6 % (2014/2013), Construction: 14.2 % (2014 /2013), Agriculture: 4.2 % (2014 /2013) Ext. trade growth Export 7.1% (2014/2013), Import 6.9% (2014/2013) Employment Real wage growth: 3.7 % (Jan-July 2015) Unemployment: 7.35% (Jan-July 2015) Inflation 0.2 % (2014) 27 April, 2017 Businessland Hungary
ON THE CROSSROADS Rail, road and waterways Air transport 27 April, 2017 Businessland Hungary Telecommunications
KEY FDI TARGET SECTORS automotive medical technology logistics ICT electronic parts shared services R & D tourism
KEY EXPORT PRODUCTS Land vehicles Vehicle accessories Electric machines Telecommunication equipment Pharmaceuticals and chemicals Metal, rubber, plastic machined parts Food, furniture, garments 27 April, 2017 Businessland Hungary 6
HUNGARY’S OLDEST BUSINESS ASSOCIATION THE HCCI – HUNGARY’S OLDEST BUSINESS ASSOCIATION First chambers set up by Royal Patent in 1850. Act on Chambers of 1994 defined the HCCI a public law body Compulsory registration for trading and industrial companies (at present, more than 600.000 registered companies) Activities of 23 regional chambers co-ordinated by HCCI Represents all categories of enterprises – safeguarding interests of business actors Largest business association – 20 000 member companies Special co-ordinating role in state-managed vocational training, registration of building contractors, grant consultants, etc. 27 April, 2017 Businessland Hungary 7
HCCI SERVICES Provision of marketing and business information Issue and authentication of trade documents (Certificate of Origin, ATA Carnet, etc.) Organization of information workshops, training courses, networking events, over 500 in a year Development of international business relations Counselling on applications for EU funds and grants Electronic and printed publications On-line Hungarian Export Directory „Széchenyi” Card System - financial support to SMEs Arbitration Court Expert Body on Verifying Performance in the field of Construction Industry 27 April, 2017 Businessland Hungary 8
VOCATIONAL TRAINING CHAMBER ACTIVITIES Maintenance of the initial training contract system by running a national consultation network Development of training content in more than one hundred professions, supervision and coordination of master’s training and examination Monitoring and supervision of practical training within business organisations Inviting and delegating trade examination chairmen and examination board members; coordinating the national system of level examination Organising and running of national skills competitions and coordinating Hungarian participation in the WorldSkills and EuroSkills Competitions Organising and coordinating the activities related to career guidance 27 April, 2017 Businessland Hungary 9
VOCATIONAL TRAINING CHAMBER ACTIVITIES Altogether 50.000 student contracts 25.185 examiners in 2015, 82% in the framework of dual vocational training. Delegates from regional chambers in the controlling commissions: 10.500 controlled training organization 2257 modular and 10.610 professional final exam with the participation of 166.000 examiners SkillStar Festival in Budapest with 15.000 participants WorldSkills 2015 Sao Paulo competition: Hungarian team presented in 13 professions with 14 competitors EuroSkills 2018. will be organised in Budapest 27 April, 2017 Businessland Hungary 10
HCCI INTERNATIONAL RELATIONS Brussels Office, Membership of Eurochambres Bilateral chambers in three neighbouring countries Bilateral and multilateral committees in thirteen priority partner countries and regions Eight business councils with 3rd countries European Enterprise Network offices in 5 regional chambers Partnership agreements with foreign national chambers in 70 countries Cooperation with embassies, trade commissions and trade promotion organizations 27 April, 2017 Businessland Hungary 11
OUR BUSINESS RELATIONS WITH MONGOLIA Further development of business relations in line with the Opening towards the East Strategy of the Government Fostering close cooperation with the Mongolian National Chamber of Commerce and Industry Hungarian-Mongolian Committee operated by the HCCI with the membership of 60 companies Chamber business delegation organized from Hungary to Mongolia in 2014, incoming business delegation from Mongolia to Hungary in 2013 and in 2014
TRADE VOLUME BETWEEN MONGOLIA AND HUNGARY Frontier value in millions of USD Period (year) Import Export 2012 0,055 10,0116 2013 0,025 12,053 2014 0,01 11,42 Source: Hungarian Central Statistical Office :
POSSIBLE AREAS FOR BUSINESS COOPERATION Medicine and medicinal products manufacturing Production of medical devices and equipment Construction industry (construction materials, technologies) Agriculture and agriculture technologies Information technologies Renewable energies Water and waste management Tourism
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