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

Investment Promotion Promote and facilitate foreign investments (project management, incentives, supplier programme) Trade Development Encourage Hungarian SMEs to expand their activities at an international level Main Tasks of the Agency

Why Hungary? 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

Manufacturing Industries and Energy Automotive industry Electronics Renewable energy Chemical industry Food industry Sectors in Focus for Investment Promotion Knowledge-based Industries and Services Life science Logistics, R & D ICT SSC

Site selection assistance Assistance with incentives agreements Expansion assistance After care services Intermediary body between the government and the companies Operations Information packages Assistance in location search and evaluation, site visits Partner meetings ImplementationPre-decision Investment Project Management OUR MISSION is to win new investments into Hungary and support the expansion of the already settled ones.

Investment Decisions in 2011 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 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: Enhancing business between foreign OEMs and Hungarian suppliers. Increasing the competitiveness of the Hungarian companies Supporting the Hungarian settled OEM’s Instruments: Trainings, conferences, development programs, exhibitions Match-making events between suppliers and OEMs Long listing, pre-filtering and contacting Hungarian companies in demand of OEMs

Trade Promotion Services Exhibitions and trade showsConferences, B2B meetingIndividual consulting“Tailor- made” partner searchTrade development tendersSeminars, workshops, trainingSME AcademyMeet my Country!Enterprise Europe NetworkCarpathian Region Business Network

Chambers of commerce & professional associations Clusters Foreign Embassies in Hungary Government agencies IPA / TPO agencies Local authorities & Regional Development Agencies Private consulting firms Main Professional Partners

Our first Latin-American office was opened in Sao Paulo in April 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 Relations with Latin-America

Other Latin-American organisations we wish to establish contacts with: CEPEC - Cuba ProMéxico ProChile Proexport Colombia We welcome co-operation with other Latin-American investment and trade development agencies! Our Partner Institutions in Latin-America

HITA Programs in Latin-America in 2012 Fairs and exhibitions: FISPAL Tecnologia, Sao Paulo SIAL Brazil, Sao Paulo AMS South America, Sao Paulo 30th Havanna International Fair, Cuba Other events: 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) Source: Hungarian Central Statistical Office, 2012 Export ImportTotal turnover Mexico 371,32404,72776,04 Brazil 263,95140,29404,24 Colombia 13,1928,6041,78 Argentina 25,8613,8039,66 Chile 18,6410,5229,16 Bolivia 21,650,0121,66 Peru 11,381,7013,08 Venezuela 11,630,0311,66 Uruguay 4,205,219,41 Cuba 2,120,082,20 Ecuador 1,940,011,94 Guatemala 1,530,021,55 Paraguay 0,980,061,04

For further information please contact: Hungarian Investment and Trade Agency Phone: Thank you for your attention!