1. Business, Tourism, Study Opportunities - HUNGARY V4 Business Forum, Port Elisabeth, 28.10. 2013

2. Hungary: Location a market of 250 million people within 1000 km, a common market of more than 500 million people Hungary Land: 93,030 km² Population: ~10 million GDP/capita, at PPP (2012): EUR 16,500/ USD 21.000 Source: Eurostat, IMD

3. Overview EU GDP External trade and industry Employment and wages Inflation EU-member since 2004 Member of Schengen zone since 2007 GDP 130 Bn USD (nominal) 2012 Growth 2011:+1,7% 2012:-1,7 % 2013 (fc):+1% Export: 103 Bn USD Import 94 Bn USD 2012 FDI: 6,0 Bn USD (2012), Stock: 92 Bn USD HDI: 1,5 Bn USD (2012), Stock: 23 Bn USD Budget deficit: GDP + 4,2 % (2011) -2,1 % (2012) Average gross wage (2012): €760 Unemployment rate (fc 2013): 9,9% Inflation rate (2012): 5.7%, 2013 (fc): 1,9% Source: MNB, KSH, Convergence Programme *Exchange rate: 1 €= 289.73 HUF

4. Why Hungary? Great location and logistics High ratio of FDI stock, open economy High productivity and skilled, flexible labour at competitive price level Government incentives Investment friendly policy environment Competitive tax system (CT: 10 – 19 %; PIT: flat 16 %) Attractive business environment

5. Tourism in Hungary among world’s top 15 destinations abt. 10 % of GDP 2012: 33 Mn Visitors, 7 Mn 1-3 O/T; 5 Mn 4 plus O/T (from Africa only 0,03 Mn) most favourite: Budapest (only Spa Capital of the world), Balaton, Spas (over 500 in Hungary, over 4000 hot springs) www.gotohungary.com, www.visit-hungary.comwww.gotohungary.com

6. Over 300 courses for foreigners, mostly in English (annual fees typically between 5.000 – 25.000 USD) All details on website: www.felvi.hu (also in English – click on For foreigners) www.felvi.hu Study Opportunities in Hungary

7. Leading Sectors in Hungary Manufacturing Industries and Energy Automotive industry Electronics Cleantech (RE, W-W M.) Chemical industry Agri Business / Food Knowledge-based Industries and Services Life science Logistics, R & D ICT+ education, training SSC

8. HITA – Who are we? 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 Trade development tenders 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

9. Offices 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 Győr Salgótarján Tatabánya BUDAPEST Miskolc Pécs Szeged Szolnok Debrecen Nyíregyháza Szombathely Veszprém Eger Békéscsaba Szekszárd Kaposvár

10. Quality of Life in Hungary International schools in Budapest British, American, German, Austrian, French, Chinese, Japanese etc. Private medical services Well-known across Europe Entertainment facilities Thermal baths, wellness, recreation centres Public golf courses Rich cultural life World known cuisine

11. Bilateral Economic Relations Trade (Mn USD): HU export: 2010: 450 2011: 840 2012: 777 (Total in 2012: 103 Bn USD) SA export: 2010: 33 2011: 72 2012 (SA stat): 82 (Total in 2012: 86 Bn USD) SA No. 4 partner for Hu outside Europe Investment relations: SA in Hungary:abt. 200 Mn USD (16 companies: SABMiller, Mondi, Group5, Naspers etc) SA total foreign investments: 81 Bn USD – FDI in SA:132 Bn USD HU in SA: 0,3 Mn USD (6 small ventures) HU total foreign invesments: 23 Bn USD – FDI in HU: 92 Bn USD

12. SAHUN Business network launched in SA in September 2011 by HITA Main goal: to boost business between SA and HU, focus on SMME’s Network services: members receive invitations to all SA-HU business events members can send offers for partner search Main counterpart in HU: SUSAN network (507 members at present) Summary up to 2013 November: 264 members, 335 business offers/projects intermediated, over 60 contracts concluded, scores in the pipeline Free registration by e-mail to kmeszaros@mfa.gov.hu or pretoria@hita.hu with company details and contact person coordinateskmeszaros@mfa.gov.hupretoria@hita.hu

13. We are looking forward to a successful cooperation. For further information, please contact: Dr. Kalman Meszaros Economic and Commercial Counsellor Embassy oh Hungary, Pretoria Tel: +27827823038 E-mail: kmeszaros@mfa.gov.hu;kmeszaros@mfa.gov.hu; pretoria@hita.hu Web: www.hita.hu