1. PRESENTATION OF THE HUNGARIAN CHAMBER OF COMMERCE AND INDUSTRY

2. 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

3. 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

4. ON THE CROSSROADS Rail, road and waterways Air transport
27 April, 2017
Businessland Hungary
Telecommunications

5. KEY FDI TARGET SECTORS automotive medical technology logistics ICT
electronic parts
shared services
R & D
tourism

6. 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

7. HUNGARY’S OLDEST BUSINESS ASSOCIATION
THE HCCI –
HUNGARY’S OLDEST BUSINESS ASSOCIATION
First chambers set up by Royal Patent in Act on Chambers of defined the HCCI a public law body
Compulsory registration for trading and industrial companies (at present, more than registered companies)
Activities of 23 regional chambers co-ordinated by HCCI
Represents all categories of enterprises – safeguarding interests of business actors
Largest business association – member companies
Special co-ordinating role in state-managed vocational training, registration of building contractors, grant consultants, etc.
27 April, 2017
Businessland Hungary 7

8. 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

9. 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

10. VOCATIONAL TRAINING CHAMBER ACTIVITIES
Altogether student contracts
examiners in 2015, 82% in the framework of dual vocational training.
Delegates from regional chambers in the controlling commissions: controlled training organization
2257 modular and professional final exam with the participation of examiners
SkillStar Festival in Budapest with participants
WorldSkills 2015 Sao Paulo competition: Hungarian team presented in 13 professions with 14 competitors
EuroSkills will be organised in Budapest
27 April, 2017
Businessland Hungary 10

11. 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

12. 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 and in 2014

13. 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 :

14. 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

15. THANK YOU FOR YOUR
KIND ATTENTION!