EcoLinks - Your Business Accomplice in Hungary.


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EcoLinks - Your Business Partner in Hungary Andrea Hajdu, Hungary Matchmaking for U.S. firms in AR and TX January - February 2003 Country Overview Population: 10 million Area: 36,000 square miles 19 provinces, 10 noteworthy urban areas more than 3000 settlements need: EU participation
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´╗┐EcoLinks - Your Business Partner in Hungary Andrea Hajdu, Hungary Matchmaking for U.S. firms in AR and TX January - February 2003

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Country Overview Population: 10 million Area: 36,000 square miles 19 regions, 10 noteworthy urban areas more than 3000 settlements

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need: EU participation stable business sector economy dynamic development junction for exchange Europe magnificent speculation atmosphere solid advancement for FDI Doing Business in Hungary

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The Environmental Market more than 2.100 firms, for the most part SMEs development potential: 20-30% business sector is assorted joint endeavors - half directions/implementation sends out: CEE district innovations

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The Environmental Market (cont.) U.S. nearness: 5% Major contenders: Germany, France, Austria Certification Strength and Weakness

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Regulatory Environment National Environmental Program National Waste Management Plan (2003-2008) - anticipation, reuse, reusing, remediation - cross-guest transportation of waste - requirement - neighborhood activity arranges

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Main Environmental Issues Water/Waste Water Treatment ($ 4 bln) just 44% associated with a sewerage framework Need: sewage system, elective arrangements and treatment offices Waste Management ($ 1 bln) Need: isolated gathering, reusing innovations, treatment of waste

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Main Environmental Issues (cont.) Air Pollution Control ($ 80 factory) Need - instrumentation and procedure control programming, air inspecting/research center examination innovation for vaporous outflows, air contamination control/gas sanitization hardware

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Strategies for Success in Hungary Breakthrough innovation at aggressive costs Local nearness (collaborating with a Hungarian firm) After-deals administrations Local conditions

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Market Opportunities for U.S. Firms Strengths: Project Management, Consulting, and Technology Recycling advances Competitive value/significance of nearby specialist Best situation: HU building firm + US innovation Waste-to-vitality arrangements

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Obstacles for U.S. firms working together in Hungary Competing with EU reserves U.S. innovation not broad Discrepancies in principles and measures Uncertainty and move for the use of EU guidelines Industrial-scale operations don\'t exist in Europe

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EcoLinks Services Consulting and Advocacy Market Researches e.g. FMR International Partner Search (IPS) Gold Key Service Trade Mission Single Company Promotion (SCP)

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Current undertakings Uniq-Globe Kft. - common scent control items Cellplast Kft. - polystyrene reusing Consact Kft . - soil adjustment item to upgrade street quality B.K.Z Kft. - biomass

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Project Financing Subsidy from Central Government (KAC) USG Agencies (TDA, Ex-Im Bank, EcoLinks QRA Grant) European Union, EBRD, EIB, SAPARD Commercial Banks Venture Capital Firms

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EcoLinks Case Study with a Success Story Chemtech International Pritech Kft.

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Contact Information Andrea Hajdu U.S. International safe haven - Budapest 7-9 Szabadsag Sqr. Bank Center Building, 1054 Budapest, Hungary Tel : (+36) 1-475-4090 Fax: (+36) 1-475-4676 andrea.hajdu@mail.doc.gov

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See you in Budapest!

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