PRESENTATION OF THE HUNGARIAN CHAMBER OF COMMERCE AND INDUSTRY

1. PRESENTATION OF THE HUNGARIAN CHAMBER OF COMMERCE AND INDUSTRY

2. Businessland Hungary Hungary THE BASICS 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

3. Businessland Hungary • Per capita: 24,942 USD (PPP, 2014) Real growth: 3,6 % (2014) GDP • Agriculture: 3.4 %, industry 28 %, services 68.7 % GDP composition • Households: 55.5%, Government: 20.4 %, Investmentsin fixed capital: 16.4 % GDP end use • Industrial production: 7.6 % (2014/2013),Construction: 14.2 % (2014 /2013),Agriculture: 4.2 % (2014 /2013) Output growth Ext. trade growth • Export 7.1% (2014/2013), Import6.9% (2014/2013) • Real wagegrowth: 3.7 % (Jan-July 2015)Unemployment: 7.35% (Jan-July 2015) Employment Inflation • 0.2 % (2014)

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

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

6. Businessland Hungary KEY EXPORT PRODUCTS • Land vehicles • Vehicle accessories • Electric machines • Telecommunication equipment • Pharmaceuticals and chemicals • Metal, rubber, plastic machined parts • Food, furniture, garments 6

7. Businessland Hungary 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. 7

8. Businessland Hungary HCCI SERVICES • Provisionof 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 onVerifying Performance in thefield of Construction Industry 8

9. Businessland Hungary VOCATIONAL TRAINING CHAMBER ACTIVITIES • Maintenance of theinitialtrainingcontractsystembyrunning a nationalconsultationnetwork • Development of trainingcontent in more thanonehundredprofessions, supervision and coordination of master’s training and examination • Monitoring and supervision of practicaltrainingwithin business organisations • Inviting and delegating trade examinationchairmen and examinationboardmembers; coordinatingthenationalsystem of levelexamination • Organising and running of nationalskillscompetitions and coordinating Hungarian participation in theWorldSkills and EuroSkillsCompetitions • Organising and coordinatingtheactivitiesrelatedtocareerguidance 9

10. Businessland Hungary VOCATIONAL TRAINING CHAMBER ACTIVITIES • Altogether 50.000 studentcontracts • 25.185 examiners in 2015, 82% in theframework of dualvocationaltraining. • Delegatesfromregionalchambers in thecontrollingcommissions: 10.500 controlledtrainingorganization • 2257 modular and 10.610 professionalfinalexamwiththeparticipation of 166.000 examiners • SkillStarFestival in Budapest with 15.000 participants • WorldSkills 2015 Sao Paulo competition: Hungarian team presented in 13 professionswith 14 competitors • EuroSkills 2018. will be organised in Budapest 10

11. Businessland Hungary 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 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-MongolianCommitteeoperatedby the HCCI with the membership of 60 companies • Chamber business delegation organized from Hungary to Mongoliain 2014, incoming business delegation from Mongoliato Hungary in 2013 and in 2014

13. Frontier value in millions of USD Import Export Period (year) 2012 0,055 10,0116 2013 0,025 12,053 2014 0,01 11,42 TRADE VOLUME BETWEEN MONGOLIA AND HUNGARY 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!