Hungarian Investment Projects - Cyprus

Transcription

Hungarian Investment Projects
AN OVERVIEW OF INVESTMENT OFFERS COLLECTED
BY THE HUNGARIAN INVESTMENT AND TRADE AGENCY
HUNGARIAN INVESTMENT PROJECTS
The Hungarian Investment and Trade Agency (HITA) took part
solely in collecting and editing the projects appearing in the
brochure. Therefore the Agency bears no responsibility for the
content of the presented projects. Detailed information can be
acquired from the project owners. If you would like to receive
more information on the given sectors, or on any industry which
is not included in this publication, or need assistance in organizing meetings with the project owners, please contact HITA on
the contact details below.
Hungarian Investment
and Trade Agency (HITA)
Hungary, 1055 Budapest, Honvéd 20.
Phone: +36 1 872 6520 • Fax: +36 1 872 6699
hip@hita.hu
www.hita.hu
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H u n g a ry – th e Gateway to Eu ro pe
Whether for tourism or business, Hungary is an ideal destination for everyone. Over her beautiful 93 thousand square kilometres, Hungary is home to
nearly 10 million people. Situated at the crossroads of Western and Eastern
Europe and as a member of the EU, NATO and several international organizations, Hungary provides a politically and economically stable location for
doing business.
The HITA is a one-stop agency for all types of FDI and is tasked with administering all state grants that are currently available. Whatever the needs of
foreign investors, the HITA is there to provide information and support for
the decision making process. The agency can also provide tailored advice,
recommend locations and organizes visits to possible sites for the interested parties.
For investors, the country boasts several location-specific advantages and a
highly trained and motivated workforce. Hungary’s excellent transport infrastructure makes the most of its position as a hub for four major European
transport corridors. With over 1,300 km of motorways, 7,600 km of railways
and six international airports the country is well served to meet the growing
transport needs of the region. The salary costs are very competitive with the
rest of the region and Europe. To ease entry into the market, the government, at state and local level, is investor friendly and business focused.
Most important state means of promoting investment:
• cash grants based on individual Government decisions
• applications co-financed by the European Union
• developmental tax discounts
• grants to create jobs
• grants meant for training
Hungary’s economy has been transformed since 1990 due to foreign direct
investment (FDI), resulting in the introduction of advanced technologies and
increased added value from innovation. It is a testament to the confidence
in the economy that Hungary has received in 2010 around 68 million Euros
in FDI which accounts for some 20% of the total inward FDI stock in the CEE
region. This investment is equivalent to 6,800 Euros per person and is the
second highest per capita rate in the region.
One of the competitive advantages Hungary has, compared to other countries in the region, is the government’s strong commitment to easing business processes and to increasing the competitiveness of both small and
medium-sized enterprises (SMEs) and large enterprises in Hungary based
on the wide range of available incentives.
Both refundable and non-refundable incentives are available to investors
coming to or intending to expand their capacities in Hungary. The main
types of incentives related to investments are cash subsidies either from the
Hungarian Government or from European Union funds, tax incentives, low
interest loans, or land available free or at reduced prices. The regulations on
incentive opportunities are in accordance with EU rules.
Source
Major Economic Indices (2011)
IMF
GDP (ppp)/capita
USD 19591
IMF
GDP growth*
1,70%
HCSO
Inflation
3,90%
HCSO
Average monthly
gross income
USD 1060
HCSO
Unemployment
rate
11,10%
Corporate tax
The corporate tax is 10% of the positive
tax base up to HUF 500 million, and 19%
of the remaining portion of the tax base.
Major agricultural
products
maize, wheat, animal products, domestic
livestock, sunflower seed
Major industries
manufacture of transport equipment;
computer, electronic and optical products; food products;refined petroleum
products, machinery and equipment
HCSO
HCSO
*Constant prices.
IMF – International Monetary Fund
HCSO – Hungarian Central Statistical Office
In January 2011, the government created the Hungarian Investment & Trade
Agency (HITA) to encourage investment into Hungary by foreign businesses,
promote bilateral trade, and support foreign trade activities by Hungarian
firms. The goal of the agency is to strengthen investor confidence and subsequently increase investment, specifically targeting inward investment into
the economically disadvantaged regions. The HITA aims to promote FDI by
organising and hosting seminars and shows to provide information on investing in Hungary.
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Ta b l e o f C o n t e n t s
AGRICULTURE
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Sole-Mizo cheeses and cream cheeses production increase
– refurbishing of an existing plant and setting up a new one ......................... 15,000,000 EUR
Creating green plantations in tropical desert conditions – R+D ......................... 15,000,000 EUR
Bóly poultry sector devoplment
– greenfield and brownfield investment in poultry breeding ........................... 10,000,000 EUR
Cheese factory – setting up a new factory to increase production ...................... 3,000,000 EUR
Religious lamb slaughterhouse in Kardoskút with halal certificate
– enlargement of production ........................................................................... 2,000,000 EUR
Fresh Vegetable preservation – capcaity expansion ............................................ 2,000,000 EUR
The Eko-Pharma Ltd’s renewable resource project for drug-free livestock
– establishing a manufacturing plant ............................................................... 1,100,000 EUR
Setting up Cesarius Mineral water bottling factory .............................................. 1,000,000 EUR
Investment facility to a canned food production company ..................................... 400,000 EUR
Pressure machine technology project – technology transfer .................................. 350,000 EUR
BIOTECHNOLOGY, LIFE SCIENCES
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Investment Fund .............................................................................................. 60,000,000 EUR
International Medical Education and Congress Centre,
Semmelweis University – complete renovation and restructuring .................. 19,500,000 EUR
Morphine replacing painkiller technology – R+D ............................................... 15,000,000 EUR
Umbilical Cord Blood Cell Culture Technology Enabling Stem
Cell Transplantation of Adult Patients – start-up .............................................. 7,000,000 EUR
YASO project – tachnology transfer of industrial-scale soy bean
sprouting process ........................................................................................... 6,200,000 EUR
CYPTestTM – Unique patient, unique medication – capacity enlargement ............ 4,000,000 EUR
Cancer research program – improvement of cancer research activity ................. 2,000,000 EUR
Pentacore Labs, DNA molecular diagnostic methods
– establishing a subsidiary company ............................................................... 1,500,000 EUR
Establishment of a project company for clinical development of a novel
curcumin analogue for blood malignancies
– seeking partners to establish a spin-off company ........................................ 1,000,000 EUR
BioDjinnTM Knowledge Management System: Custom Data Base
building from biotech scientific publications & patents
– setting up a database ..................................................................................... 750,000 EUR
Gel project – selling the company or technology transfer ....................................... 700,000 EUR
ICT, ELECTRONICS
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Next Generation 3D Television – extending operation ....................................... 14,000,000 EUR
IDC Dabas, European Content Development Center – company start-up ......... 10,000,000 EUR
Production of electric energy by pyrolysis of polymers
– setting up the company ............................................................................... 4,000,000 EUR
Primus – investment into a venture capital fund .................................................. 3,900,000 EUR
LIFECHAIR – Safety in the air – setting up production company.......................... 3,000,000 EUR
National Network of Information Centers – setting up the service ....................... 2,000,000 EUR
BoadRee – setting up security software service company .................................. 2,000,000 EUR
Mcule – setting up company for drug discovery platform .................................... 1,790,000 EUR
Decorative lighting – setting up company and debt settlement ........................... 1,400,000 EUR
AUTART – Automated Rheumatoid Arthritis Diagnostic System
– company start-up ......................................................................................... 1,000,000 EUR
Cleaning system – acquisition of the company ................................................... 1,000,000 EUR
Key project – technology transfer .......................................................................... 900,000 EUR
Innovative LED street lighting manufacturing
– setting up start-up company ........................................................................... 750,000 EUR
ReSearchIT (Health Data Research Analyzer)
– investment needed for production phase and research ................................... 100,000 EUR
RENEWABLE ENERGY
100 Different energy technologies – technology transfer ............................................................... n/a
102 Bioethanol, Biogas and Biomass Plant in Visonta – setting up plant ................. 95,000,000 EUR
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104 Production of Biodegradable Plastic Finished Products, Granules, PVA
– setting up factory ........................................................................................ 60,000,000 EUR
106 Plant for the Reclamation of Electronic Waste Products at Tiszapüspöki
– construction of the pilot plant .................................................................... 60,000,000 EUR
108 Hunest Biorefinary Ltd. – setting biogas factory ................................................ 50,000,000 EUR
110 Bioethanol Plant in Visonta – setting up bioethanol plant .................................. 41,760,000 EUR
112 Production of Beta Buses – manufacturing hybrid buses .................................. 15,000,000 EUR
114 Compressed Air motor vehicle production line establishment ........................... 15,000,000 EUR
116 Investment opportunity in ALTEO Plc’s renewable energy operations .................. 5,000,000 EUR
118 Biomass-based complex regional development solutions
– developing production fields and harvesting for making biomass .................. 3,000,000 EUR
120 Selective distribution of scrap metal and scrap vehicle
– expansion of development ........................................................................... 2,000,000 EUR
122 Sunshine garage – setting up mechanized parking systems
and technology transfer ................................................................................... 1,700,000 EUR
124 Rubber Regeneration – technology transfer ........................................................ 1,666,667 EUR
126 Various wind-farm projects in Hungary – setting up wind farms .......................... 1,000,000 EUR
128 Pellet and Briquette factory – setting up factory .................................................. 1,000,000 EUR
130 Hungarian Water Business Cluster – cooperation in water realted fields ............. 1,000,000 EUR
TOURISM
138 Budapestwood Studios Movie Entertainment Park
– implementation of project ........................................................................ 354,000,000 EUR
140 Overdose Riding Centre Gyenesdiás
– establishing hotel and reace-track ........................................................... 100,000,000 EUR
142 Hungarian Garden of Eden – implementation of project .................................. 100,000,000 EUR
144 Eden Thermal Spa Hotel & Villapark – implementation of project ...................... 85,000,000 EUR
146 Premium Health Park and Anna Thermal Hotel in Kapuvár
– implementation of project .......................................................................... 63,000,000 EUR
148 Pap-sziget project – implementation of project ................................................. 50,000,000 EUR
150 A Complex Health Tourism Development Project on the Premises
of the Komárom (Hungary) Thermal Spa Center
– implementation and reconstruction ............................................................. 30,000,000 EUR
152 Family Spa & Hotel Scrabantia**** – implementation of project ......................... 30,000,000 EUR
154 Gerohostel Health Tourism Park Csorna, Vilmos Park
156 Veszprém Airport – for sale, lease or used as a development area ................... 24,000,000 EUR
158 Hotel Karos Spa – for sale ................................................................................ 22,000,000 EUR
160 Theil Medical Tourism and Nursing Institutions
162 Zalaszentmárton Thermal and Medical Resort
164 Wellness and Conference Hotel Mórahalom – implementation of project .......... 12,000,000 EUR
166 Nagyatád “Mándl” Castle Hotel & Training Center
168 Soho Boutique Hotel for sale ............................................................................ 12,000,000 EUR
170 Luxury apartment houses in the Thermal village of Mórahalom
172 Hotel Arboretum – implementation of project .................................................... 10,000,000 EUR
174 Barcika Plaza – implementation of project .......................................................... 8,051,000 EUR
176 Keszthely Beer House – reconstruction of brewery ............................................. 8,000,000 EUR
178 Sármellék Airport
– setting up facilities next to the newly renovated airport.................................. 7,000,000 EUR
180 Vital Gold Hotel and Spa**** – the project idea is for sale .................................... 5,000,000 EUR
182 The sale of the Piarist Friary ................................................................................ 3,700,000 EUR
184 Freedom project – hotel for sale ......................................................................... 3,600,000 EUR
186 Renovation of Rehabilitation Center/ Spa Hotel Mórahalom ................................ 1,800,000 EUR
188 Extending quality healthcare services in BEST WESTERN Pannonia Hotel .......... 1,000,000 EUR
190 ALMALOMB – Mill restoration for exclusive eco-hotel ............................................ 828,000 EUR
192 Tourism investment opportunities in Makó, Csongrád, Hungary ............................. 273,000 EUR
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AGRICULTURE
in Hungary
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The Hungarian Food and Agricultural sector is visibly competitive internationally according to European standards. Within the framework of the
Hungarian Agriculture and Food sector, traditional approaches and modern
technologies are combined equally in order to create an outstanding quality
for food products and substrates. Due to ideal climatic conditions and soil
quality, Hungary can establish the large scale production of high quality
raw materials necessary for the food sector.
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AGRICULTURE
Introduction
REASONS TO INVEST IN HUNGARY
• The food processing sector is among the most modern in the CEE
region with significant foreign investment
• Physical infrastructure is considered to be one of the best in the
region, readily facilitating distribution
• Recent logistical projects have expanded storage capacities and have
improved the efficiency of transportation
• The only net exporter in the CEE with a 7.3% export ratio
• Long traditions in the industry and abundant raw material supply
• Strong market: per capita consumption levels are among the highest
in the region
OVERVIEW
Agriculture
Hungary is naturally well-endowed for agricultural production, which is clearly
shown by the fact that almost two thirds of the country’s total territory is dedicated to this type of production. Agriculture has traditionally been an important sector in Hungary’s national economy. The thousand-year-old agricultural
traditions are based on the country’s geography, climate and highly fertile
soils. Half of the area is used to produce several types of cereal grains.
Hungary’s total area extends to 9.3 million hectares. The cultivable area was
measured at 7,775,000 hectares in 2010 – 2011, including forests, reed-beds
and fishponds. The agricultural area covered 5,783,000 hectares, i.e. over
62%, which is considered high among the European countries. In 2010 – 2011,
78% of this cultivable area was arable land, and 17% was grassland, while
kitchen gardens, orchards and vineyards had a combined share of only 5%.
The economic activity represented by the land base represents 3% of the
national GDP, some 2.7 billion Euro.
There is a great demand in the EU market for Hungarian horticultural products, which are rich in taste and flavour. Major crops of Hungary in terms of
quantity and yields are: wheat, maize, sunflower, barley, rape, potatoes, dry
onions, tomatoes; major fruits are apples, apricots, wine grapes, strawberries
and cherries. The gross output of Hungarian agriculture came to 5,440 million
Euro in 2011.
The main agricultural products of the country by region:
• Great Hungarian Plain: wheat, maize, beans, vegetables, tobacco
soybean and many others, widespread breeding of poultry
• Southern Transdanubia: maize, sugar beet, rape
• Western Transdanubia: wheat, maize, potatoes, rape
• Central Transdanubia: maize, peas, rape, sunflowers
etc. Horse-breeding is strongly present in the region
• Northern Hungary: Two of the traditional wine-districts are located here
(Tokaj, Eger)
Food Industry
The food industry is traditionally one of the most important sectors of Hungary’s national economy. Including the food, soft drinks and tobacco subsectors, this industry is the 2nd largest employer and the 3rd largest producer
of the processing industry in Hungary. Being one of the most modern and
competitive food sectors in the CEE, its export revenues are vital to Hungary’s
overall trade balance. Hungary is the only net exporter of agricultural and
food products in the region. The industry provides 5.31% of the country’s
exports.
Hungary has good fundamentals for food processing and agricultural activity.
Inputs for the industry are available in large quantities and to a high quality.
Hungary’s physical infrastructure is considered one of the best in the region,
considerably facilitating distribution. Per capita food and beverage consumption levels are among the highest in the region.
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AGRICULTURE
Some indicators of the Hungarian food industry, 2010-2011
Output (million Euros)
People employed (thousands)
2010
2011
7,288
7,295
125
124
Share in manufacturing industrial production (%)
10.7
10.8
Export (million Euros)
2,553
3,037
Import (million Euros)
1,427
1,728
Share in total export (%)
3.6
3.8
Average monthly wages (Euros)
570
550
Foreign capital represents 48% in the industry. Some 70% of the total production is provided by major companies. Most food industry companies (more
than 96%) are micro-enterprises that employ fewer than 10 people. Approximately half of the food industry businesses operate as private entrepreneurs.
The sector is dominated by multinational companies, especially in vegetable
oil processing, confectionary and snacks. There are about 200 large food producers altogether, two thirds of which are in foreign hands. Large producers
primarily use Hungarian raw materials. The meat and poultry, fish and game,
vegetable and fruit processing, mills and baking industry are mostly in Hungarian ownership.
Out of the 500 largest Hungarian companies, 37 are from the food industry.
The majority of these firms are active in milk processing, meat and poultry, soft
and alcoholic drinks, confectionary, tea and coffee, canning, and vegetable oil
subsectors.
Investments in the Food sector of Hungary
Foreign direct investments (FDI) are having an overall positive effect since they
greatly contribute to the technological modernization of the industry. Invest-
ments in the food processing industry aim to increase the competitiveness of
the sector by raising market adaptability and the speed of concentration. The
priority is to conform to EU standards in quality, food safety, animal protection, hygiene and environmental protection. In economic terms, the sector is
practically integrated into the EU’s food industry. EU investors provide 47%
of the investment in the sector, and more than two thirds of the exports go to
other EU countries.
The processing of meat, the manufacturing of coffee and tea and the manufacturing of soft drinks are the sectors with the highest share of FDI in the
Hungarian food industry. This demonstrates the roughly equal weight of factors of competitiveness other than the supply of Hungarian raw materials
(factors like logistics, relatively cheap labour costs etc.)
Recently, the share of FDI has significantly increased in the production of
vegetable oils, which was the recipient of nearly half of the inflows of foreign
capital into the food industry in 2011. The processing and preservation of
fruit and vegetables and the manufacture of pet food have also been popular
targets of Foreign Direct Investments in Hungary.
ALREADY INVESTED
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AGRICULTURE
Sole-Mizo cheeses and cream cheeses
production increase
BUSINESS SUMMARY
CONTACT
INFORMATION
Provide a short description of the business
The Sole-Mizo Company – a member of the Bonafarm Group, the leading
agrifood group of companies in Hungary – is the biggest dairy company in
the country. It processes more than 200 million litres of milk per year and
produces a wide range of dairy products from fresh milk to cheeses.
Sole-Mizo is ready to form a joint venture with Arabian investors for the
production of cascaval, feta type, halloumi. akawi and other cheeses.
FUNDING
REQUIREMENT (EUR)
Option 1:
refurbishing of an existing
plant – 15 000 000 EUR
Option 2:
new plant – 20 000 000 EUR
The high quality cheeses and cream cheeses of the company can already
be found in some Arabian countries, and following the investment, the joint
venture company could extend the sales of above mentioned products
throughout the whole Arabian world.
INVESTMENT SUMMARY
Industry
Agriculture
Option 3:
new plant with its own
raw material source (farm)
– 35 000 000 EUR
Executive summary
The Sole-Mizo Company as a member of the Bonafarm Group is one of the
biggest Hungarian dairy companies and would like to increase and develop
its special cheeses production. Sole-Mizo is ready to form a joint venture
with Arabian investors for the production of cascaval, feta type, halloumi,
akawi and other cheeses.
Sole-Mizo Zrt.
Hungary, 6728 Szeged,
Budapesti út 6.
Mr Tamás Éder
Public Affairs Director
Bonafarm Co.
Mobile: +36 30 999 8806
Email: tamás.eder@bonafarm.hu
Hungary, 1123 Budapest,
Alkotás utca 53.
Description of your product(s) and/or services
• fresh milk, UHT
• fermented-, flavoured dairy products
• butter
• milk protein concentrate
• yellow and white cheeses
• Cascaval
www.bonafarm.hu
Any other relevant information
Sole-Mizo Zrt’s products can be found already in some countries in the
Middle-East.
The high quality cheeses and cream cheeses of the company can be found
already in some Arabian countries, and following the investment, the joint
venture company could extend the sales of above mentioned products
throughout the whole Arabian world.
Investment objective
Strategic investor
Expected collaboration with investor
Joint Venture partner, Capital increase
Amount 7 500 000 – 17 500 000 Euro (based on the option chosen) in
exchange for 50% of the company share
Investment return indicator
8 years
Stage of development
Project idea
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AGRICULTURE
Rectification of the desertification of the
Homokhátság region of the Great Hungarian Plain
and extending the concept to creating green
plantations in tropical desert conditions.
BUSINESS SUMMARY
CONTACT
INFORMATION
SUNWO Strategic Energy Development Co. was established in 2010 by
senior energy expert Dr József Steier with the aim of researching renewable energy alternatives to respond to the contemporary global challenges of the sector. The most grandiose of our visions is the Green Sahara
project (available on our website in detail) whose underlying philosophy
is “cooperation with nature rather than blindly enforcing our ideas on it”.
Our activities in Hungary are the preparatory phase of moving to an international level.
FUNDING
REQUIREMENT (EUR)
15 000 000 EUR for the start
+ 8 x 7.75 000 000 EUR
for R + D, laboratories,
personnel training,
propagation facilities
and long term land rental
from year 2 onwards.
SUNWO Strategic Energy
Development Co.
Dr. József Steier
Mobile: +36 20 933 3505
Email: j.drsteier@sunwo.eu
www.sunwo.eu
INVESTMENT SUMMARY
Industry
Agriculture, Biotech, Renewable energy
Our Paulownia hybrids can be readily planted into deteriorated soils of very
poor nutrient content and may be irrigated with saline water. The plant is
sufficiently heat resistant to be planted under tropical climatic conditions.
The plantations can be harvested at the age of 8 and grow back from stump
over another 8 years, one plant is capable of being harvested three times
in its life cycle. The plant plays an important role in mitigating desertification
and climate change, its high quality and high calorific value timber serving
as a raw material for the timber and biomass industry, its leaves as green
fodder or compost. Currently, 26 alternative ways of utilizing the hybrid and
its derivative products have been identified.
Executive summary
Development of intercropped plantations of a hybrid of the Paulownia species specifically developed for the climatic conditions of the Carpathian
basin, aimed at stopping the desertification of the Great Hungarian Plain.
This will include continuous research to extend the project to the establishment of self-sustaining green plantations in the Sahara and the Arabian
Peninsula.
Detailed photographic and other documentation of our already existing plantations in Hungary is available upon request.
Financial investor
Acquisition of company
Project financing
10 years
Ramp up/growth phase
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AGRICULTURE
Bóly poultry sector development
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Bóly Zrt.
Agriculture
Hungary, 7754 Bóly,
Ady Endre utca 21.
Executive summary
FUNDING
REQUIREMENT (EUR)
10 000 000 EUR
The Bóly Company as a member of the Bonafarm Group is one of the
biggest Hungarian agricultural companies, producing 12 million hatching
eggs for broiler chickens each year. The company slaughters only around
3 million fattened chickens per year. The production of chicken for slaughter
and the slaughtering capacity could be increased to the level where more
than 8 million broiler chickens can be slaughtered in a year. This requires
greenfield and brownfield investments in the poultry breeding as well as
the slaughtering sector. Bóly Co. is ready to form a joint venture company
with Arabian investors to develop its poultry sector. The end products,
different kinds of poultry meat (chilled or frozen) could be sold in the Arabian
markets.
Mr Tamás Éder
Public Affairs Director
Bonafarm Co.
Mobile: +36 30 999 8806
Email: tamás.eder@bonafarm.hu
Alkotás utca 53.
www.bonafarm.hu
Strategic investor
Amount 5 000 000 Euro in exchange for 50% of the company share
8 years
Project idea
BUSINESS SUMMARY
The Bóly Company as a member of the Bonafarm Group – the leading agrifood group of companies in Hungary – is one of the biggest agricultural producer companies in the country. The Company cultivates 18,500 hectares
and produces close to 120,000 slaughter-pigs and 12 –13 million chicken
eggs for hatching. Its stock of 4,000 dairy cattle produces in excess of
20 million litres of milk a year.
The Company’s production of chicken for slaughter and the slaughtering
capacity could be increased to the level where more than 8 million broiler
chickens can be slaughtered in a year. It needs greenfield and brownfield investments in the poultry breeding and slaughtering sector. Bóly Co. is ready
to form a joint venture company with Arabian investors to develop its poultry
sector.
The end products, different kinds of poultry meat (chilled or frozen) could be
sold in the Arabian markets.
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AGRICULTURE
Cheese factory
5 years with 1 year of grace period
CONTACT
INFORMATION
GeneralGep Kft.
Start-up company
BUSINESS SUMMARY
Hungary, 6000 Kecskemét,
Egyetértés utca 33.
Email: info@generalgep.hu
In Hungary we have very good fat milk which is absolutely excellent for
cheese production. Areas where we wish to produce cheese have a significant number of dairy farms, and raw material supply is not a problem.
For us it is also important that the company who wants to invest will also be
interested in selling our product.
FUNDING
REQUIREMENT (EUR)
Mr Róbert Barát
Managing Director
Mobile: + 36 20 222 4971
Email:
robert.barat@generalgep.hu
3 000 000 EUR
The planned product range of long-aged fat and light cheese include:
specially seasoned normal and light Trappista cheese (walnut, pumpkin
seed, basil, chili, rosemary, dill and dill and garlic), a healthy lifestyle cheese
mostly associated with cardiovascular well-being, and a new series of
selenium-enriched cheeses. The planned sale of 1 260 tons of cheese and
by-product resulting from 441 tons to 315 tons of ricotta cream.
INVESTMENT SUMMARY
Industry
Agriculture
Executive summary
We are looking for a strategic investor who is able to partly finance our new
cheese factory, taking over 60-70% of our production and selling it into the
Arabic market. In the area where we want to build the factory, there are a
considerable number of dairy farms with good quality milk. We are planning
to produce long-aged cheese (40 days) of a better quality. Planned capacity
is 1 260 tons/year. We are expecting sell 30% in Hungary – 70% abroad.
We already have a preliminary contract with milk suppliers. (they are around
15km from factory – 3 suppliers)
Packaging: 1.5 kg disk-shaped, 1.3 kg discoid. 300 gram and 500 gram
discoid or according to investor needs
Strategic investor
For first year we need a grace period and profit for the first year of production; we want to invest working capital in factory to avoid any disturbance. We
believe that this investment is a good opportunity for both sides. Building permit is available. Expected factory start-up after receiving funds is maximum
9 months.
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Planned Products:
• long natural aging Trappista
• long-aged fat Trappista
• flavoured Trappista cheese: garlic, dill and garlic, Hungarian, walnut,
Italian, chives
• matured smoked cheese
• selenium-enriched cheese
• low-sodium, salt restricted, heart-cheese
• other semi-hard, Edam and Gouda cheeses, and our own hard cheddar
cheese
• The by-products of cheese (ricotta, cream, whey), cream cheese, whey
beverages
www.generalgep.hu
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AGRICULTURE
Religious lamb slaughterhouse in Kardoskút
with halal certificate
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Agriculture
The only religious lamb slaughterhouse in Hungary, with a capacity of 1500
lambs per day. We can deliver lambs in carcass (halves), frozen. We plan
to restructure the factory with cattle and grey cattle cut technology also
with religious cuts. Next to the factory there are 2-3 cattle farms for sale
with the capacity of 1500 cattle altogether. We would like to increase the
cooling capacity and install a packaging line with vacuum packing capability due to buyer demand.
Executive summary
FUNDING
REQUIREMENT (EUR)
2 000 000 EUR
The only religious lamb slaughterhouse in Hungary. Possible enlargement for
cattle and grey cattle cuts with a halal certificate for Arabian markets, further
increase of cooling capacity and packaging department development.
The high quality livestock products available in Hungary will enable the production of premium quality meat.
Financial investor
CONTACT
INFORMATION
TIMES SQUARE HOLDING LLC.
Mr Róbert Hurtyák
Mobile: +36 30 901 7950
Zászlós utca 54.
Mr Csaba Borbola
Mobile: +36 30 228 7427
Frozen and fresh lamb meat using the halal slaughtering method, halal
certified.
Frozen and fresh calf, cattle and grey cattle meat using the halal slaughtering method.
www.tsholdingltd.eu
Joint Venture partner
The only religious lamb slaughterhouse in Hungary with a halal certificate.
2-3 years
Restructuring needed
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AGRICULTURE
Fresh Vegetable preservation
BUSINESS SUMMARY
CONTACT
INFORMATION
In the remote parts of the country, where the soil is excellent for agriculture,
we have established processing plants. Through the purchase of inexpensive but high quality produce, as well as growing our own vegetables, and
the employment of this technology, we have started to market our products.
The market for our products has increased, and we were able to develop
our pricing policy with an appropriate profit. In addition to the vegetables, a
need developed for the packaging of fruit (sour cherries, cherries, strawberries), and consequently we also started to package these. Nevertheless, we
need to expand capacity in order to package the fruit because our current
capacity is not sufficient to satisfy the growing needs.
FUNDING
REQUIREMENT (EUR)
Friss Zöldker Kft.
Mr Géza Mezei
Hungary, 6070 Izsák,
Móricz Zsigmond utca 10.
Mr Tamás Mészáros
Mobile: +36 30 470 6762
Email: tamas.mt@freemail.hu
2 000 000 EUR
INVESTMENT SUMMARY
Industry
Agriculture
Executive summary
Our company has been trying for years to develop a means for the preservation of fruit and vegetables without freezing and transporting them.
Up to now the solutions have not been particularly good because the fruits
and vegetables could only be preserved for a short time and transporting
them proved to be expensive. We have solved these problems by employing
pre-cooling as they are dried after cleaning. They were then packaged with
vacuum packaging after pre-cooling, and after further cooling; we transported them to the customers. By these means, fresh fruit and vegetables
can be preserved for 20-30 days longer without any decline in quality.
More and more producers are looking for markets for their produce, and
since storage capacity is difficult to arrange, they turn to a company for
packaging to which they can sell their fresh produce without having to transport it too far. With this in mind, our firm can purchase better quality products cheaper. Consequently, costs can be reduced, which can be largely
passed on to the buyer so that the circle of customers can be guaranteed
for the long run. The advantage of vacuum packaging is that the product
is protected from dust during transport, possible damage from impact, and
the changes in the weather. As a result, it can be consumed 20-30 days
later without any decline in quality and in a healthier manner.
The ability to maintain freshness has been increased with this technology, and
as a result, we are able to transport for a greater distances without diminishing
quality. Consequently, efficiency can be increased, naturally with the appropriate expansion of capacity. The cooling is not achieved by deep-freezing, and
so our results are achieved at a considerably lower cost.
Financial investor
10 years
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AGRICULTURE
The EKO-PHARMA Ltd. renewable resource project
for drug-free livestock
INVESTMENT SUMMARY
Industry
Agriculture, Renewable energy
Executive summary
5 years
The project aims to establish a manufacturing plant.
FUNDING
REQUIREMENT (EUR)
1 100 000 EUR
The factory is responsible for producing herbal extracts and active herbal
ingredient feed additives manufactured at HACCP hygiene level, and veterinary pharmaceuticals at GMP level of hygiene.
The project will focus on Western Hungary, realized in the village Mihályfa
close to the town of Sümeg, in the vicinity of the lake Balaton.
The plant will be built on the industrial estate of the company’s owner.
The industrial estate is 2 acres and both legally and technically prepared for
the investment.
The production of the plant is based on the use of nanotechnology, renewable raw materials and renewable energy sources.
Financial and Strategic investor
Amount 1 100 000 EUR in exchange for 50% of the company share
Venture capital
BUSINESS SUMMARY
CONTACT
INFORMATION
EKO-PHARMA Ltd.
Dr Mihály Sümegi
Mobile: +36 30 303 4666
Email:
sumegi.mihaly@eko-pharma.hu
Supplying people with healthy, pathogen-free and residue-free food is becoming increasingly complicated.The production of drugs used against
pathogens has produced a serious environmental burden. Beside more
and the more serious side effects, the resistance of pathogens greatly limits the effectiveness of the drugs, which in turn are becoming increasingly
costly due to the continuously growing, high research costs.
www.eko-pharma.hu
This in turn brought a paradigm shift in medicine at the end of the twentieth century; the interest turning to the use of renewable raw materials,
including herbs.
Herbs first appeared in human healthcare and animal husbandry; in addition both beekeeping and aquaculture through our experience have shown
that they are ready to accept the natural active ingredient formulations.
EKO-PHARMA LTD. provide nanocomposites produced for the toxin-free
fish egg hatching, drug-free intensive fish rearing, drug-free beekeeping and
drug-free animal breeding. The EKODIÁR® products are included in the list
of feed additives permitted in Vietnam. We also expect serious interest in the
Mediterranean and the Middle East Arab countries in poultry farming.
Three undergraduate theses have covered our EKVARIN® product experiences in Vietnam, the world’s third largest country engaged in intensive
fish production, where the registration of APS use of these products is
imminent.
Our APIDIÁR® products are still used in Hungary, and we expect interest
from Turkey, the 3rd largest honey producing country of the world, with
Ukraine 4th and Russia’s 6th also as potential customers.
Our environmentally-friendly products are made from renewable raw materials
using low-power environmentally-friendly nanotechnology with energy supplied from renewable energy sources.
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AGRICULTURE
Setting up Cesarius Mineral water bottling factory
BUSINESS SUMMARY
CONTACT
INFORMATION
By the middle of 2013 our bottling factory will be completed:
• that contains a sealed side-covered hall
• the machinery investment will include be a line which is able to bottle
6000 bottles/hour, filling 0.5L and 1.5L PET bottles and wrapping them
Bótakő Kft.
Mr Gyula Zsegraics
Mobile: +36 30 993 1191
Email: botako@globonet.hu
The factory will have the ISO 22000 quality control system.
FUNDING
REQUIREMENT (EUR)
Our mineral water’s level of Na is very low, making it suitable to prevent and
to treat heart and circulation problems in the body. Its content is optimized
and fits into today’s dietetic trends.
1 000 000 EUR
INVESTMENT SUMMARY
Industry
Agriculture
Executive summary
By the middle of 2013 our bottling factory will be completed. Using the 0.5L
and 1.5L PET bottle sizes, it will be able to fill 48 thousand bottles daily.
Our company’s main profile is construction. But to start new segments and
to increase our income streams we intend to set up the bottling factory.
In the project there will be one hall built, a bottling row to be established and
a quality controlling system (ISO 2200). Our goal is to multiply our income
by 7, our profit multiplied by 10 and raise up our employee number by 4.
Financial investor
2 years
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29
AGRICULTURE
Pressure machine technology project
BUSINESS SUMMARY
CONTACT
INFORMATION
The company is now pressing cold pressed grape seed oil for the food,
cosmetics and pharmaceutical industry. They would also like to sell the
technology to companies working in similar industries. Two factories are
already working with this technology. They have very considerable experience building factories and technologies in the Hungarian and also in the
international field.
FUNDING
REQUIREMENT (EUR)
With this technology, the factories are able to press more edible oil from the
seeds than before, therefore with this technology it is possible to reduce
costs. The inventor is ready to sell the full technology.
Speedcarve Ltd.
László Bartucz
Viktória Bartucz
Mobile: +36 30 511 2550
Email:
viktoria.bartucz@speedcarve.hu,
www.speedcarve.hu
350 000 EUR
INVESTMENT SUMMARY
Industry
Agriculture
Executive summary
Virgin Oil Press Ltd. is a company producing cold pressed grape seed oil.
This company owns two factories in Hungary. While building the factories
and the completed technology, the company has invented a new pressure
machine for pressing oil out of the very hard grape seed. With this new technology larger amounts of cold pressed oil can be released from (any kinds of)
seeds than the industry average.
Strategic investor
Technology transfer
2 years
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33
BIOTECHNOLOGY
AND LIFE SCIENCES
in Hungary
34
Biotechnology and Pharmaceutical companies continue to be a rapidly
expanding global sector, and Hungary is in the position to provide the R&D
and production facilities, as well as the highly trained labour force necessary
for manufacture. Within the Central European countries, Hungary offers the
best production opportunities in this sector when considering both qualitative
as well as quantitative factors. In addition, there are legal and tax incentives
to guarantee the investment opportunities.
35
Introduction
• The highest number of biotechnology companies in the region.
• Internationally recognized academic and university infrastructure, offering a wide array of life-science courses.
• R&D is conducted at universities and research institutes, as well as in
R&D centres established in Hungary by leading global pharmaceutical
companies (e.g. GSK, Teva etc.).
• Highly educated, skilled workforce at relatively low cost.
• The biotech sector is given priority in the country’s economic plans.
Legal and tax incentives are offered for biotech innovation and the
Biotechnology Association has been established to promote biotech
companies.
• Strong pharmaceutical manufacturing history. Some of the world’s
largest pharmaceutical companies (Sanofi, Teva, Servier, GSK, AstraZeneca, BMS) are present in Hungary through their affiliates or supply
centres that cater not only to the Hungarian market, but also cover the
CEE region, Ukraine, Russia and the Balkans.
OVERVIEW
Hungarian biotechnology – a regional first
Biotechnology plays a key role in Hungary’s development and makes a vital
contribution in numerous areas – high quality job creation, economic growth,
utilisation of renewable energies, biological environmental protection, as well
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as public health and the health industry. We envisage that the Hungarian biotech sector will become one of the globally recognised and significant bioregions of the European Union, and that several of its segments will develop a
global prominence.
With the most developed pharmaceutical and biotechnology sectors in Central and Eastern Europe, Hungary provides an ideal base for life science companies planning further expansion in this region, or towards the Balkan states
and the more distant markets in Eastern Europe and Asia. In Hungary, investors will find renowned R&D, a strong presence of large pharmaceutical companies, a growing number of small and medium-sized biotechnology companies, and several fast-growing research institutions.
Hungary, the leader in biotech among the Central and Eastern European Member States and Candidate Countries
Quantitative and Qualitative Factors in the Central and Eastern European
Member States and Candidate Countries
ALREADY INVESTED
Sources: EuropaBio and venture valuation: Biotech in the New EU Member States: An Emerging Sector, Biotechnology report (2009); CONVINCIVE
Consulting and Hungarian Biotechnology Association (2012)
Qualitative factor = Environment for future growth: (includes) government
support, qualified workforce, technology transfer systems, IP protection, technology parks and clusters, public and private financial support, presence of a
pharmaceutical industry. (Points for the countries: 0 = lack of qualitative factors,
100 = maximum presence of qualitative factors).
Quantitative factor = Presence of a biotechnology industry: (includes) number of companies, employees and products. (Points for the countries: 0 = lack
of quantitative factors, 500 = maximum presence of quantitative factors).
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39
Investment Fund
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Biotechnology, Life sciences
Advantages of involving new private investors:
• Existing and operating fund.
• The fund may combine and use owners’ resources to utilize the synergies of joint actions and mitigate market deficiencies.
• The co-operation of new partners and the MFB Group could create
access to local and global experience and a vast professional network.
• Significant business opportunities in combining accumulated owners’
know-how, deal flow and entrepreneurial approach with the needs of
development in CEE.
Executive summary
The Investment Fund is registered in Hungary and started activities at the
end of May 2009. It intends to invest in enterprises with promising growth
perspectives and strong cash flow, and aims to exploit business opportunities in Hungary and Central and Eastern Europe. The € 100 million fund is
designed to achieve high ROI.
FUNDING
REQUIREMENT (EUR)
60 000 000 EUR
The Fund is currently managed by MFB’s subsidiary Corvinus Venture Capital Fund Management Ltd., which has significant experience and regional
presence. The current fund manager’s motivation is to increase purchasing
power and EU convergence driven development in CEE, through realizing
significant business opportunities.
CONTACT
INFORMATION
Investment Fund
MFB Invest Zrt.
Mrs Krisztina Kulcsárné Dr. Takács
Phone: +36 1 452 5721
Email:
takacs.krisztina@mfbinvest.hu
Népfürdő utca 22. B/12
Phone: +36 1 452 5700
The Fund’s investment philosophy is based on profound market knowledge,
extensive deal sourcing, rigorous due diligence and active management of
portfolio companies.
Financial investor
Investment target:
• Target investment size: € 5 – 10 Million
• Preferably majority ownership, exceptionally minority position
• Exit target: in 3 – 4 years
Targeted 20-25%, based on the single projects
Investment criteria:
• High business potential due to market dynamics and synergy with strategic players
• Profitability and revenue generation
• High growing potential; promising business models; innovative products/
services; capable management
• Profitability growth potential with well-defined shareholders strategy
Geographical focus:
• Primary target markets: Hungary, Romania and Bulgaria
• Other emerging markets in the region
Targeted sectors:
Public Health, technological sector, green and alternative economy, domestic
suppliers to the high class automobile producers, producers of high quality
products in the food industry
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International Medical Education and Congress
Centre, Semmelweis University
CONTACT
INFORMATION
Semmelweis University
Dr Vilmos Ivády
Director General
Email: ivady.vilmos@gmf.usn.hu
FUNDING
REQUIREMENT (EUR)
19 500 000 EUR
INVESTMENT SUMMARY
Industry
6 years
Executive summary
Semmelweis University is a world-renowned institution of higher education,
research and health care, with marketable capacity. The current project concerns the complete renovation and restructuring of the university’s Nagyvárad Educational Complex into a high capacity, multifunctional international
medical and congress centre, in order to allow the university to better exploit
its potential.
Project idea
~3000 foreign students attend the university, which generates an income of
~EUR 23 million/year in tuition fees. Demand by foreign students is much
higher than the university’s current capacity.
By expanding its capacity, the number of foreign students can be increased.
The location of the Nagyvárad Educational Complex (halfway between the
airport and central Budapest) makes it exceptionally ideal for hosting national and international scientific events with 2000 attendees.
BUSINESS SUMMARY
Founded in 1769, Semmelweis University is Hungary’s oldest medical
school and a dynamic leader in the higher education, research and health
care sectors within the Central European region.
• Higher education
• Continuing medical education (CME)
• Specialist training
• Health care
• Scientific research
• Conference facilities
Financial investor
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43
Morphine replacing painkiller technology and
specifically targeted agent acting without narcotic
side effects on the brain
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Acheuron Development
and Services Ltd.
Executive summary
FUNDING
REQUIREMENT (EUR)
15 000 000 EUR
Dr Zoltán Oláh invented the “Molecular Neurosurgery” painkiller technology in
the late ‘90s. Resiniferatoxin (RTX), the world’s most potent drug candidate,
also, a prototype of other molecular surgery agents, is in clinical Phase II.
However, the patent is confined to the USA. RTX is to replace morphine in
severe cancer pain, but application via the skin can treat chronic inflammations and neuropathies, such as arthritis, osteoporosis and post-operation
pain. RTX does not develop tolerance or have any side effects similar to
morphine narcotics. Acheuron Ltd. (AL) the firm of the inventor of the Molecular Neurosurgery is in the process of extending the range of RTX treatment
by production of the small molecule in a E. Resinifera farm then formulate
the purified RTX in ointments for the market.
Mr Zoltán Oláh
CEO of AL
Email: oz@acheuron.com
BUSINESS SUMMARY
There are two main steps to take. The 1st is to conduct an accelerated
Phase I-III dermal clinical trial with the experimental RTX cream formula/
intradermal injection; The 2nd step is to build a manufacturing facility to
produce RTX and the marketable products.
Ms Éva Kocsis
CFO of AL
Email: keva@acheuron.com
www.acheuron.com
Strategic investor
This project requires a 15 million EUR (3.5 million EUR for the phase I-III
clinical trials on skin, 6.5 million EUR for the set up of the manufacturing
capacity and production, and 5 million EUR for marketing). Considering
the size of the pain relief market ($ 20 billion in the USA alone), the investment could return in the 2nd year of production and distribution.
3 years
The Phase I clinical trial validated excellent painkiller efficacy in 20 out of
20 cancer pain patients in 2011. Intrathecal injection of RTX aimed at the
patients‘ cerebrospinal fluid surrounding the spinal cord and dorsal root pain
sensory ganglia. The therapy has significantly improved the quality of life of
all of the patients with advanced cancer who had been experiencing severe,
refractory pain. Due to the outstanding performance (i.e. effective even in
patients that have already developed morphine resistance to cancer pain)
of RTX, trials have entered Phase II. An independent clinical team that has
not been involved in the invention of Molecular Neurosurgery has published
the 1st conference report about the great success of the Phase I clinical trial
that is now in Phase II.
A single shot of RTX selectively targets the inflammatory pain receptor/generator neurons in the peripheral nervous system while it lacks the central nervous system complications of morphine. The technology has been claimed
in application no: PCT/US01/09425, filed 1st in 2001-03-22. Although, it is
patented in the US, RTX is freely usable everywhere else in the world since
it is a natural substance.
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Umbilical Cord Blood Cell Culture Technology
Enabling Stem Cell Transplantation of Adult Patients
BUSINESS SUMMARY
CONTACT
INFORMATION
To enabe UCB transplantation not just for children but adult patients with
hematopoietic malignancies, marrow failure syndromes, and hereditary
immunodeficiency, a custom expansion facility is needed. The 1st stage
is to build aspecific, cGMP cell culture ready environment, equip with
tissue culture instrumentation (3.5 million EUR) then hire personnel to start
up initial R&D and the custom UCB cell expansion production that requires 1.5 million EUR. For start-up manufacturing and maintenance of
continuous capacity needs initial operation costs and marketing fees of
2 million EUR. Considering the cost of $ 750 000/transplantation, 4 000 UCB
use in 2011, with a 15% increase expected yearly due to custom UCB
expansion for adult patients too, the investment returns profit in the 3rd
years’ sales.
FUNDING
REQUIREMENT (EUR)
7 000 000 EUR
and Services Ltd.
Mr Zoltán Oláh
CEO of AL
Ms Éva Kocsis
CFO of AL
www.acheuron.com
INVESTMENT SUMMARY
Industry
Executive summary
The unrelenting shortage of donor organs for whole organ transplantation has resulted in the use of every known method to promote successful
transplantation outcomes. The unavailability of bone marrow on time for
the patients, the dropout of potential donors because of graft failure, and
graft-versus-host disease/GvHD problems urged the search for alternatives
to bone marrow cells. Umbilical cord blood (UCB) transplantation would be
an ideal replacement, but the only disadvantage is the limited number of
hematopoietic stem cells (HSC) in it. Recent advances in the elucidation of
the molecular mechanisms responsible for the proliferation and self-renewal
allow enrichment of HSCs. Thus, UCB transplantation by in vivo cell expansion becomes available for adults over 100 kg not just children.
The UCB transplantation has become an established therapy for patients
without matched related or unrelated donors, leading to cures of previously incurable disease. Among the most common indications for HSC
transplantations are: acute myeloid leukaemia, myelodysplastic syndrome,
chronic myeloid leukaemia, acute lymphoid leukaemia, aplastic anaemia,
B-thalassemia, Hodgkin’s lymphoma, chronic lymphatic leukaemia, multiple myeloma idiopathic thrombocytopenia, non-Hodgkin’s lymphoma, sickle cell and Fanconi anaemia. Upon transplantation of UCB, the ex vivo cell
culture enriched HSCs give rise to all blood and most immune cell types.
This life-saving procedure due to the custom cell expansion will be available
for adult patients not just for children below 10 kg.
Due to establishment of UCB banks, and the evidence of advantages
over bone marrow, UCB will be the only source for HSC. Moreover, the
final selection of the UBC unit for transplantation is significantly shortened.
The time taken to identify a matched sample will be weeks rather than
months typically required to tracking back an unrelated bone marrow donor
(www.worldmarrow.org).
Strategic investor
3 years
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47
YASO project
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Fitorex Ltd.
Mr Jenő Szilbereky
Phone: +36 1 453 0564
Executive summary
FUNDING
REQUIREMENT (USD)
8 000 000 USD
Fitorex Ltd. is a Hungarian company established for the development and
production of YASO®. We have pioneered the world’s first high yield, industrial-scale soy bean sprouting process with a unique patented composition.
Since YASO® is an inexpensive food raw material it is therefore more reasonable to produce YASO® locally rather than exporting the YASO®. Fitorex
Ltd’s aim is to sell the project licence of YASO® in the form of technology
transfer. Partners could receive exclusive rights for manufacturing and distribution of YASO® for a predefined territory. We are looking for business
partners to build and manage YASO® plants. The ideal partner is able to
manage the financing of the plant, and sell the products of the plant through
an existing partnership or distribution network.
BUSINESS SUMMARY
Partners could receive exclusive rights for manufacturing and distribution of YASO® for a predefined territory. YASO® is a patented new material
and technology. The exclusive rights protect the investor within a predefined territory and offer a huge market potential without direct competitors.
YASO® offers the opportunity to create new, trendy product lines. Our company offers technology transfer, documentation, quality assurance system,
preliminary factory design, supervision of plant implementation, product
development and full scale operation services for the first 3 months.
Start-up company
Technology transfer
2 years
Mr András Kovács
Mobile: +36 20 239 2934
Email: kovacs.andras@yaso.hu
www.yaso.hu
YASO® is a sprouted whole soya bean, ground, cooked and pasteurized,
pale cream-coloured paste with neutral aroma and flavour. YASO® enhances
the nutritional value of soya though a patented special sprouting process.
No similar product is available on the market. YASO® offers better than ever
higher quality meals for vegetarians. YASO® can be used to produce a large
number of different food products for the food industry ranging from meat
products throughout vegetarian and functional food, pasta, snacks, ready
meal to confectionary and bakery products, public catering, hospital dietary,
army and households food. No such product, like YASO® is known that
shows any additional advantage regarding eating, nutrition, utilization, and/or
describes new advantageous physiological properties.
Beside the production and direct sales of YASO® raw material, processing
it into different products is also recommended for partners. Therefore the
YASO® raw material production unit (Module A) could be completed with
different modules (Module B). The selection of B Modules is optional, depending on local market demand.
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CYPTest TM – Unique patient, unique medication
CYPTestTM is our new technology that is able to determine the drug-metabolizing capacity of an individual. There are several genetic defects in the
cytochrome P450 enzyme (CYP) coding genes which can alter the functionality of the enzymes that are responsible for the metabolism of most drugs.
CYPtestTM includes the genotyping of these mutations, as well as adding
value to other tests available on the market in its capacity to analyse the current expression levels of CYP enzymes, determining the real metabolizing
capacity of the CYP enzymes.
Strategic investor
FUNDING
REQUIREMENT (EUR)
CONTACT
INFORMATION
“Toxi-Coop” Toxicological
Research Center Plc.
Mr Gábor Hirka
PhD, CEO
Mobile: +36 30 846 2664
Email: gabor.hirka@toxicoop.hu
4 000 000 EUR
www.cyptest.com
6 years, but depends on the marketing/sales strategy
Start-up company
BUSINESS SUMMARY
A few competitors in the world offer services in the field of genotyping meaning drug response tests, analysing an individual’s genome to specify the
right dosage of some drugs, like warfarin.
The main advantage of our service is phenotyping. The actual metabolizing
capacity of individuals depends on the genetic profile, the environmental
conditions, nutrition etc. Phenotyping allows us to give advice to physicians
for the right drug therapy in different conditions including cross effects of
different drugs. In the first instance the target market will be hospitals, physicians and drug research companies but later we plan to offer a genotyping
test for individuals as well.
INVESTMENT SUMMARY
Industry
Executive summary
The application of personalized medicine helps to detect disease at an earlier stage when it is easier to treat effectively. In addition, it enables the selection of optimal drug therapy, reduces trial-end error prescribing and adverse
drug reactions; this in turn increases patient compliance with therapy. At
research level, personalized medicine reduces the time, cost and failure rate
of clinical trials.
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The diagnostic service covers DNA and RNA isolation, quantification of CYP
mRNAs (CYP-phenotyping) and identification of genetic defects (CYP-genotyping) from patients’ blood (or leukocytes). On the basis of these results,
the patient’s drug-metabolizing capacity will be qualified. Screening CYPstatus regarding ’poor or ultra-rapid metabolizer’ phenotypes will promote
the development of an appropriate strategy in drug therapy with appropriate
drug-choice and dose adjustment resulting in more effective medication
with less adverse reactions.
We have a pending patent registered for the above process.
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Cancer Research Program
INVESTMENT SUMMARY
CONTACT
INFORMATION
Industry
Executive summary
As a first step the company focuses on collection, quality control and special storage of biological samples and data from hospitals, medical institutions and clinics. After that the company would like to improve the cancer
research activity. The company behind the unique professional background
and management is enable to achieve their objectives.
FUNDING
REQUIREMENT (EUR)
2 000 000 EUR
MFB Invest
Ms Andrea Földes
Phone: +36 1 452 5761
Email:
foldes.andrea@mfbinvest.hu
Financial investor
High growth potential above 30%
Start-up company
BUSINESS SUMMARY
Biomedical research is an important part of the human genome analysis,
which opens up new possibilities on the field of diagnostics, predictive factors, the understanding of biomarkers, pharmacogenetics, drug research
etc. It helps you to understand the disease mechanisms, thus preventing
any possibility of the diagnosis.
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Pentacore Labs, DNA molecular diagnostic methods
BUSINESS SUMMARY
CONTACT
INFORMATION
Pentacore Labs is planning to establish a subsidiary company in the Emirates. This company will provide unique medical lab tests based on our hightech molecular platforms. Most of these DNA tests are currently only available from us. We can offer other tests from other developers that are also
extremely sophisticated and not routinely available in other regular labs. We
are able to found our own company in the Emirates, but we are also open
for strategic partners who are already running their own medical diagnostic
services, and are willing to team up in a joint venture. Since these tests are
state of the art and targeting potential patients with different types of cancers, inherited diseases and other rare conditions, the feasibility and profitability of this business is outstanding.
FUNDING
REQUIREMENT (EUR)
Approx. 1 500 000 EUR
INVESTMENT SUMMARY
Industry
Executive summary
Our company, Pentacore Labs is a biotech company specialized in medical
diagnostics. We have a high-tech top of the line portfolio. Most of them are
not available at the moment by any other providers in the world. We are able
to detect a number of inherited diseases even prenatally, select the best
treatment option for cancer patients, evaluate the risk for the development
of certain malignancies, and screen for common tumours, such as colon or
prostate cancer. Most of our tests have been developed by us.
We provide a cancer panel (MALIGNON) including the sequencing of dozens
of genes important in determining individualized oncotherapy in different
malignant tumours. The most extensive breast cancer panel (BREASTON
and BREASTON Plus) in the world containing 16 genes is able to predict the
risk for inherited breast and ovarian cancer as well as helping to determine
the proper treatment for the patients. Our thyroid cancer panel (THYREON)
can predict the likelihood of “cold nodules” transforming into cancer. We
can provide the most sensitive test for prostate cancer (PCA3) and screening method for colon cancer (SEPTIN-9). We can detect hundreds of inherited diseases in one single step (TARGETON). We also offer other genetic
and biochemical tests that are unique in their areas of interest.
Pentacore Labs, Inc.
Nyár utca 3.
Prof. Dr. Péter Lakatos
Mobile: +36 30 201 9850
Email: lakatos.peter@
med.semmelweis-univ.hu
1st Department of Medicine,
Semmelweis University
Hungary, 1083 Budapest
Korányi utca 2/A
www.pentacorelab.hu
We would like to emphasize the high-level innovative content of this enterprise
that makes it stand out from similar companies. The company conducts its
business at the Semmelweis University with the close collaboration of the
researchers of this academic institution.
Strategic investor partnership
2-3 years
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55
Establishment of a project company for clinical
development of a novel curcumin analogue for
blood malignancies.
CONTACT
INFORMATION
AVIDIN LTD.
Mr László Puskás
PhD, DSc., CEO
Mobile: +36 30 676 5384
Email: laszlo@avidinbiotech.com
FUNDING
REQUIREMENT (EUR)
www.avidinbiotech.com
1 000 000 EUR
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
The preclinical development of Curcumid is currently financed by Avidin
Ltd. Avidin is now seeking partners to establish to develop Curcumid, finish
the preclinical phase and enter Phase I/II clinical trials in 2013 The IP
held by Avidin, offers the possibility of preclinical and clinical testing of
the most potent curcumin analogue.
Executive summary
Researchers at Avidin Ltd. have synthesized analogues of novel curcumin
analogues which may have benefits over the current treatments for blood
malignancies. The IP held by Avidin on the novel curcumins is valuable, offering the possibility of preclinical and clinical testing of the most potent curcumin analogue (C-150) synthesized so far. Avidin is now seeking partners to
establish a spin-off venture to develop Curcumid, finish the preclinical phase
and enter Phase I/II clinical trials in 2013.
Strategic investor
Start-up company
56
Avidin has synthesized more than 70 curcumin analogues with novel scaffolds and tested them on various cancer cell lines. The most active analogue, Curcumid showed impressive effectiveness against human acute
myeloid leukaemia in SCID mice. The Curcumid multiple mechanism of action is distinct from existing AML therapies and therefore offers a potential
new approach to the treatment of the growing number of AML patients with
poor clinical prognoses.
Avidin has a patent application for the therapeutic application (cancer, inflammation) of novel curcumin analogues, as new compounds. The patent was
submitted in September 2011, enables long-term exploitation of the IP.
57
BioDjinn TM Knowledge Management System:
Custom Data Base building from biotech scientific
publications & patents
INVESTMENT SUMMARY
Industry
Executive summary
FUNDING
REQUIREMENT (EUR)
750 000 EUR
The BioDJINN™ is a new licensable knowledge management platform of
Acheuron Ltd. (AL) that accelerates our manual curation and data extraction
from patents and scientific publications, common interests of the academic,
biotech, and pharmaceutical sectors. In the hands of our experienced personnel, it has greatly accelerated text mining. Tested in multiple DB building
projects, AL’s DB building capacity is now offered for turnkey ready benchto-bedside drug discovery projects, integrating chemical and biological information on a number of new therapeutic targets. We are also equipped
to operate via a VPN (virtual private network) channel on a fee-for-service
basis. We offer contracted uploads either for the customer’s already existing
databases or for an entirely new database.
Strategic investor
Biological and clinical data mining are performed by excellently trained,
highly qualified scientists with a degree either in chemistry or molecular biology (some have a PhD). By adopting a read and extract method, AL’s scientific curators identify, classify and analyse information hidden in publications
found in respected scientific journals and patents. Information is extracted
according to pre-defined taxonomies that convert determinant data of the
given scientific experiment into a manageable DB format:
• protocols are collected
• chemical formulas are stored in a searchable format
• the numeric results of biological/clinical studies are organized into a
query ready format. A comparable DB building capacity is hard to find
with such Quality Control and an affordable price on the IT-market.
CONTACT
INFORMATION
and Services Ltd.
Mr Zoltán Oláh
CEO of AL
Ms Éva Kocsis
CFO of AL
Due to the 8 years of study and practice manual curation, together with the
interdisciplinary knowledge has lead us to reading and extracting life science
information to an excellent standard. A distinguished level of focus and precision is required for the ›95% quality rate we set ourselves as a standard.
Our DB software employs a user-friendly interface which makes the content easy to access and a search engine that presents data in a clear and
perspicuous way.
www.acheuron.com
3 years
BUSINESS SUMMARY
To make a custom made FFS publication ready DB needs at least
2 years and 750 000 EUR investment. According to a conservative estimate ROI expected after 3 years, then the yearly profit is expected to rise
20% per year. The profit is lessened by the costs of DB maintenance and
additional upload of new information from the ever increasing number of
scientific publications and patents.
However, the continuous updates give a huge added value on the market
relative to other, thus less competitive chem-bioinformatics IT-products
without stringent quality control and cross validation of new web-based
content.
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59
Gel project
INVESTMENT SUMMARY
Industry
Exit
2-3 years
Executive summary
The main scope of this project is finding an investor who is interested in
buying the company which produces contact gels, ultrasound gels and
a stock of supplies for the Hungarian and for the international medical
market. These products are well known, respected and present in many
countries around the word.
FUNDING
REQUIREMENT (EUR)
700 000 EUR
60
BUSINESS SUMMARY
Strategic investor
The goal of the company is to provide their customers with top quality
services, meeting the high quality standards of the 21st century, as represented by the applied ISO-9001 quality assurance system and by the
licence to use the CE quality mark. The excellent quality of the products is
ensured through precise production technology and strict controls, based
on a closed production system and on a continuously developing equipment park.
Selling the technological franchise
The company is producing aqua sound gels, sterile gels, sport gels, diagnostic recording papers, video printer paper, electrodes, etc. There is still
considerable potential for growth in the company, which will reduce the
investment return period.
We are also looking for buyers of the technological franchise.
CONTACT
INFORMATION
Speedcarve Ltd.
Mr László Bartucz
Mobile: +36 20 940 2700
Ms Viktória Bartucz
Mobile: +36 30 511 2550
Email:
viktoria.bartucz@speedcarve.hu
www.speedcarve.hu
61
ICT AND ELECTRONICS
in Hungary
62
The ICT sector is thriving across the globe and the demand for communication is booming with globalisation. It is therefore essential to focus on the
opportunities that can provide both the technical and personal support in this
sector. Hungary is among the best providers within Central Europe capable of
contributing to its further evolution. Some of the premier navigation systems
are of Hungarian intellectual property. Many of the Nobel prize winners in
physics and chemistry are of Hungarian origin and education.
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ICT, ELECTRONICS
Introduction
• Good balance of labour costs and quality
• High standard educational system
• Outstanding cooperation between educational institutions and
companies
• Excellent infrastructure
• 25 international and 109 bilingual schools
• 70 institutions in higher education
OVERVIEW
• Around 10% of the Hungarian GDP comes from ICT companies
• 25% of the economic growth in the last 8 years is accountable to the
ICT sector
• Approximately 100,000 people are directly employed in the industry
• High quality telecommunication services
• Easy access to 3T, xDSL
• New generation IP network
• Expanding 3G, 4G coverage
• Highest global technological standards
• International providers in production: T-Systems, BT, Invitel, UPC
• Growing number of data centres
ICT subsectors
Source: Digital Reformation Action Plan
– National Development Ministry
ALREADY INVESTED
TM
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65
ICT, ELECTRONICS
Next Generation 3D Television
INVESTMENT SUMMARY
IP portfolio, or licensing model, providing opportunity for an exit at significant valuation.
Industry
ICT, electronics
The HoloVizio product line offered by Holografika consists of various category displays from monitor style units up to the cinema sized system.
• HoloVizio 80WLT 30” – 3D industry milestone for limit-less 3D visualization. The first unit of the Reality series (replacing the former generation
monitors 128WLD).
• HoloVizio 360P – the digital signage kiosk system (DOOH)
• HoloVizio 721 72”– the scientific quality system
• HoloVizio C80 140” – world first front projection system for events,
entertainment, simulators
• HoloVizio software package
• R@D services in the optical, hardware & software field
Executive summary
Holografika is a technology company with proprietary HoloVizio 3D display technology that is acknowledged as the best 3D technology on the
market.
FUNDING
REQUIREMENT (EUR)
3D has become mainstream in recent years, however due to the limitations
of current stereo glasses systems, glasses-free 3D will be the next “big
thing” in the TV and display industry, where big players are already looking
for available technologies.
CONTACT
INFORMATION
Holografika Kft.
Mr Tibor Balogh
Email: t.balogh@holografika.com
www.holografika.com
14 000 000 EUR
Holografika carried out an intensive development programme over the years,
the HoloVizio technology is proven and the company has launched its new
generation products.
Holografika plans to extend its operation, to set up operations in the US and
Asia, to put sales teams in place and to enhance production volume to back
market sales organizations and drive down costs.
Holografika has a strong patent portfolio which is becoming increasingly
valuable with the rise of glasses-free 3D technologies. Holografika has built
a brand in the 3D field, is a game changer and a known player with a reputation that is shaping the 3D industry.
The company is a well-connected member of industrial consortia’s and
pre-standardization bodies, exclusively backing the 3D Light Field area that
is accepted and referenced as a main technology category.
There are further products on the horizon, like a solution for mobile displays
and 3D camera systems. Holografika has the capability to serve the high-end
visualization market with more focus on the content.
To be discussed
BUSINESS SUMMARY
Holografika completed its latest generation HoloVizio product-line, selling its
products on professional markets (medical, academia, governmental, event
rental, etc., incl. larger projects related to future events, like the FIFA World
Cup in Qatar).
Along with direct accounts, the company is building its distributor network.
Strategically, cooperation with big industry players is foreseen based on the
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67
ICT, ELECTRONICS
IDC Dabas, European Content Development Centre
INVESTMENT SUMMARY
Industry
ICT, electronics
Executive summary
In 2008, as a headmaster of the Dabas vocational training school I managed the introduction of stereo 3D technology into the teaching and training
process under the scope of a Leonardo Transfer of Innovation project, called
4dsmile.
FUNDING
REQUIREMENT (EUR)
10 000 000 EUR
After retirement as a headmaster, based on the work experience gained in
the school, along with representatives of the Local Government of Dabas,
I set up Kognitiv Hungary Ltd. in order to make a contribution towards a more
innovative education and training.
Soon after the foundation, our company became the Hungarian distributor
of EON Reality (California, USA), which is a worldwide leading company in
the stereo 3D industry.
As a result of successful cooperation, EON Reality has made a substantial
discount offer of stereo equipment in case a development centre in Dabas
would come into existence.
Additionally, EON Reality would prepare and train the staff of the development centre in order to ensure the smooth business start.
however visualization hardware without an ample quantity of 3D content is
useless, so as a result 3D content need becomes more urgent. The main
aim of this development is to set up a fully equipped 3D development centre
in order to create interactive 3D models for domestic use, but mainly for
foreign markets. With regards to the type of 3D content, it depends on
the profile of the customer, though the variety of models can be very wide
encompassing natural environment, historical sites for cultural and tourism purposes, education content of any type etc. Besides the 3D development, the other main profile of the IDC Dabas would be presentation activity
aiming to show the potential of stereoscopic 3D not just to Hungarian target
groups, but Central European ones as well.
CONTACT
INFORMATION
Kognitiv Hungary Kft.
Phone/Fax: +36 29 561 233
Email: gyula@kognitivhungary.hu
kognitiv@dabas.hu
www.kognitivhungary.hu
1. Development of interactive 3D models, which have a special stereoscopic
effect for the spectators as the models “come out” the screen.
2. Sale of EON software; these software can convert “raw” 3D materials into
stereoscopic models (EON Studio, EON professional, EON Ultra). As an
added value, some of this software includes online conference properties.
3. Stereoscopic showroom that would be suitable for visual tests for products, in-service training for companies, and the showroom can also
function as a research lab for institutes and universities.
4. R&D centre
5. Stereoscopic spectacle centre
IDCs are already existing in USA, France, Singapore, Italy and Brasil.
Financial investor
3 years
Start-up company
BUSINESS SUMMARY
Presentation equipment based on interactive 3 dimensional visual technologies is becoming widespread worldwide in education and also other industries. EON Reality aims to provide 3D equipment to all these sectors;
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69
ICT, ELECTRONICS
Production of electric energy by the pyrolysis
of polymers
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
ICT, electronics
The technology is fully developed; there are plants in operation already.
We wish to establish one in the town of Bátonyterenye with a 2MW generator, then collect and process plastic waste from the surrounding settlements; produce electricity and heat; increase environmental protection
by reducing waste; establish workplaces; decrease energy dependence,
and supply heat to other establishments.
Executive summary
FUNDING
REQUIREMENT (EUR)
4 000 000 EUR
Organic compounds of big molecules can be dissociated into smaller molecules by pyrolysis. The growth – liquid, oil is to be utilized for the production
of electricity, for heating purposes or driving a generator, and – gas which
provides the self-sustaining aspect of the system.
CONTACT
INFORMATION
Mr László Hornyák
Mobile: +36 30 335 5703
Email: horl@viessmann.com
A derivative of this process is coal soot which can be utilized in other areas.
The technology itself provides significant waste heat (since the processing
temperature is 400 – 500°C) which can be used for heating buildings for
example.
200 000 tons of waste plastic are produced in Hungary annually; the other
purpose being to dispose of this waste.
Financial investor
5-6 years without waste heat utilization, with the present energy supply
system; 4 years with waste heat utilization, with the changing delivery price
of energy.
Project idea
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71
ICT, ELECTRONICS
Primus – investment into a venture capital fund
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Primus Capital Zrt.
ICT, electronics
Márvány utca 16.
Executive summary
Primus Capital is the leading Hungarian early stage venture capital management company operating since 2003. So far three Funds have been raised and
invested, now Primus Capital is fundraising for the next VC fund: Primus IV.
Mr István Alpek
Partner & CFO
Mobile: +36 20 956 2717
Email:
istvan.alpek@primuscapital.eu
FUNDING
REQUIREMENT (EUR)
Total planned fund size is
39 000 000 EUR
Minimum institutional
investment is 3 900 000 EUR
Financial investor
Funding to a new VC fund
www.primuscapital.eu
Planned return is 12–18% IRR
Start-up company
BUSINESS SUMMARY
Primus Capital is the leading Hungarian early stage venture capital management company operating since 2003.
So far three Funds have been raised and invested, now Primus Capital is
fundraising for the next VC fund: Primus IV, to be started in 2013.
Primus IV. will invest in Central Europe, primarily in ICT, biotech and renewable energy projects.
Management of Primus Capital includes experienced VC fund managers
(3 Hungarian, 1 Austrian, 1 German), cumulatively 70+years of VC fund management experience, including IPO on Nasdaq-USA and AIM-London.Investors to previous funds include US hedge fund manager, EIB, Aegon, other
institutional and private investors.
Venture capital fund management.
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73
ICT, ELECTRONICS
LIFECHAIR – Safety in the air
INVESTMENT SUMMARY
Industry
ICT, electronics
Executive summary
LIFECHAIR is an innovative safety aircraft chair which aims to considerably enhance the passengers’ chances of survival. It is designed for private
planes and commercial planes. After 2 or 3 years it can be further developed
for other fields (e.g. armed forces).
FUNDING
REQUIREMENT (EUR)
3 000 000 EUR
Its innovative shape and the protective shell provides mechanical protection
and its internal insert provides insulation and vacuum, as a result of which it
protects against smoke and toxic gases, moreover, it provides more serious
protection compared to traditional seats. In 2011 MALÉV was one of the
supporting partners which is also indicated in a written form.
• a door which can be opened and closed from both directions provides
a vacuum against possible smoke and toxic gases (while an oxygen producing system secures the passenger’s breathing until rescue teams
arrive)
• in addition, a hermetic cover protects against possible smoke and toxic
gases
• its battery provides an own electrical supply in case of danger, thus even
during a possible power cut it secures the function required for loading
its defence role
Comparing the related data, the present 24% survival ratio may well be
doubled or tripled with the use of LIFECHAIR i.e. the chances of survival
will increase by 75%.
CONTACT
INFORMATION
ELGOR Ltd.
Mr István Gubás
Email: gubas.istvan@t-email.hu
Ms Nóra Dalnoki
Consultant
Mobile: +36 30 768 6760
Email: nora.dalnoki@m27.hu
www.lifechair.hu
5 – 6 years
Project idea
BUSINESS SUMMARY
The primary market of the product is private jets. 15 000 planes are owned
privately, which number will increase to 25 000 by 2020. Approximately
105 000 seats are in the currently registered private planes; our goal is
2-3% market share within 5 years. Our target price is 17 000 EUR per chair.
EBIT reach ~40% for the 5th year.
• provides mechanical protection against flying objects in the cabin
• internal insert provides insulation thus protecting against heat e.g. in case
of fire
• special energy absorbing structure (scale) provides greater protection
in crashes
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75
ICT, ELECTRONICS
National Network of Information Centres
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
ICT, electronics
The flow of information was not planned throughout the country so that all
information would be available to every interested individual. The system of
information centres is intended to change this situation. People are ready
to pay if they receive information on the internet or through personal communication.
Executive summary
FUNDING
REQUIREMENT (EUR)
2 000 000 EUR
The current activities of the company include tax advising, bookkeeping,
and business advising in several communities in Hungary. In the course
of our work, we maintain contacts with the leaders of many firms, and we
often find that they are unfamiliar with the possibilities and results available to them. In particular, people in smaller communities have difficulty
accessing specific information. The smaller companies are unfamiliar with
the possibilities in searching for sources of funds, and therefore they only
make use of loans. These, however, are expensive and do not help development. In order to change this situation, we want to establish online and
through offices, a national up-to-date information service, where we can
help, even in foreign languages.
5 – 6 years
Naturally, in the beginning the online service will be introduced in Budapest.
This is followed by the settlements with significant tourism, and then the larger
towns. We also want to be alert to the less developed regions of the country. Since the need for information is not identical everywhere, the expansion
of the system will have to proceed with this in mind.
Financial investor
Control- Adó- Ár Tanácsadó
és Szolgáltató Kft.
Mrs Lászlóné Czobor
Mobile: +36 20 560 6994
Email: controlado@hotmail.hu
Nyírpalota út 30. 4 em./26.
Phone: +36 30 470 6762
The expansion of complex informational services that are easily accessible in larger cities, personal contacts, and online. Daily refreshed data in
several languages. Different specialists will be involved, who are knowledgeable about evaluating the possibilities for expansion, the search for sources,
and who can provide guidance towards the possibilities for development
in different areas. As a result of which, the employees in the offices will be
able to assist the streaming of information
76
In view of the fact that progress demands that there is appropriate information both going in and coming out, it is not enough for the firms to simply
supply information to the centre. They must also be able to obtain information. Consequently, we are organizing a centrally controlled system, which
can be reached at several locations and online. It can serve our clients daily
with new information, which has been designed for companies.
CONTACT
INFORMATION
www.controlado.hu
77
ICT, ELECTRONICS
BoadRee
BUSINESS SUMMARY
CONTACT
INFORMATION
IT Security management and vulnerability assessment are complex, symbiotic markets with a high demand and a climbing annual growth rate. The
niche sector of these markets is real-time vulnerability assessment. This is
the market with the highest growth potential, in which we launch Boadree,
our automated online security software.
BoadRee is an automated online security software which is designed to
carry out real-time penetration in order to pinpoint specific security gaps.
It is a premium, non-stop, continuous service which remotely tries to gather
security information about the server(s) of our clients. The service operations
can be smoothly adjusted by the client. The software generates automatic
executive and detailed technical summaries for the CEO and the technical
staff of our clients.
FUNDING
REQUIREMENT (EUR)
2 000 000 EUR
BoadRee Co. (Limited by Shares)
5 private owners and
an investment fund
Mr Viktor Huszár
Mobile: +36 30 310 6944
Email: x@boadree.com
Mr Bence Hezsó
Mobile: +36 20 996 6998
Email: y@boadree.com
info@boadree.com
INVESTMENT SUMMARY
Lack of competition and a high expected growth rate of the market segment
(niche market).
www.boadree.com
Industry
ICT, electronics
Executive summary
Boadree automated online security software carries out real-time penetration of remotely accessible servers in order to pinpoint specific security
gaps. Customers pay a monthly subscription fee for the premium security
service for each monitored server.
Boadree makes you think in advance.
Boadree prevents you from being hacked.
5 years
Start-up company
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ICT, ELECTRONICS
mcule.com
BUSINESS SUMMARY
CONTACT
INFORMATION
Our goal is to develop the best integrated drug discovery platform available
online.
Our solution is a combination of a comprehensive, carefully-curated database of commercially available molecules; a scalable search and simulation
platform specialized for drug research, including components from commercial software vendors like ChemAxon, BiosolveIT, open source components and components developed in-house, along with a simple molecule
procurement service. All of these are tied together in a web-based user
interface. Using our service, researchers can go through the virtual, computer-supported part of the drug research up to the stage where they finally
order chemicals for the biological trials.
FUNDING
REQUIREMENT (EUR)
1 179 000 EUR
mcule.com Kft.
Mr Ferenc Szalai
CEO,
Mobile: +36 30 555 7540
Email: szferi@mcule.com
Together with our partners we pioneered the subscription based business
model for chemical software tools.
The Angel round was closed in June 2011 with 60M HUF (300 000 EUR)
investment.
INVESTMENT SUMMARY
Industry
ICT, electronics
Executive summary
mcule.com is a state-of-the-art online integrated drug discovery platform.
We provide a complete solution for cheminformatics, drug discovery and
compound procurement.
After a year of active development we are entering into the Hungarian and
European market. We are seeking investment for further expansion to the
US and Asia.
Start-up company
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81
ICT, ELECTRONICS
Decorative lighting
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
MFB Invest
ICT, electronics
Ms Gabriella Monc
Phone: +36 1 452-5707
Email:
monc.gabriella@mfbinvest.hu
Executive summary
FUNDING
REQUIREMENT (EUR)
1 400 000 EUR
The company request financial and/or professional capital investor for
• the implementation of the company’s LED development (the company
has got marketable LED products)
• start-up public lighting business (the company is not take apart in this
field before)
• and debt settlement between the shareholders
www.mfbinvest.hu
BUSINESS SUMMARY
Joint Venture partner, Capital increase (45%)
5 years
Settlement of the debts between the shareholders, allows to start up a new
business field (public lighting), and further capital investment allows LED
developments boost. The company will continue the other decorative lighting activities as well after the investment. The company has got professional
experience in indoor and outdoor decorative lighting.
LISYS Lighting Systems Studio Corp. was founded in 1990 by Hungarian
engineers.
The company activities cover all fields of the various lighting equipments,
including all relative engineering jobs, such as planning, designing, execution, contracting, measuring and operation.
References:
• Decorative lighting:
Parliament (Budapest), Margaret bridge (Budapest), Main cathedral
basilica (Esztergom), Hungarian National Bank central building
(Budapest), Palace of arts (Budapest)
• Theater techniques:
Budapest Operetta Theater, Palace of Arts, (Budapest),
Csiky Gergely Theater (Temesvár), Junoszty Zrtyel Theater (Moscow),
Cultural Center (Lendva)
• Indoor lighting:
St. Stephen Basilica (Budapest), Transport Museum, (Budapest),
Ludwig Museum, Buda Castle, Building A (Budapest) Hungarian
National Gallery (Budapest)
• LED developments
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83
ICT, ELECTRONICS
AUTART – Automated Rheumatoid Arthritis
Diagnostic System
INVESTMENT SUMMARY
Industry
ICT, electronics
Start-up company
3 years
Executive summary
FUNDING
REQUIREMENT (EUR)
1 000 000 – 1 500 000 EUR
AUTART is an automated diagnosis support system for the evaluation of
rheumatoid arthritis progression from X-ray images. Because about 1% of
the population is affected by RA worldwide, the total costs of RA treatment
are about 12 000 EUR/patient/year and no automated system exists, there
is a potential market for a computer aided diagnosis.
Bifarma’s solution provides objective, simple and rapid diagnosis which
effectively reduces the cost of the treatment and facilitates the work of the
medical experts.
Amount 1 000 000 Euro in exchange for 30-60% of the company share
BUSINESS SUMMARY
CONTACT
INFORMATION
Bifarma Ltd.
Mr Szergej Szabó
Email:
szabó.szergej@simptech.hu
AUTART benefits are defined as follows:
• Accurate diagnosis decreases the cost of misdiagnosis
• Faster results free up valuable time for the radiologist
• Elimination of human error reduces the number of patients receiving
expensive biological therapy with no benefits
• Radiologists and patients
– save valuable time through faster diagnosis
– receive reliable and reproducible scoring
– feasible to use on the first sign of the condition
• Pharmaceutical companies
– gain access to an objective, standardized scoring
– can prove the effectiveness of the therapy
– offer controlled healing, not just a drug
• Insurance funds
– Reduce the indirect cost of RA by recommending the most suitable
therapy and reducing the number of claims
– gain access to patient history
Ms Nóra Dalnoki
Consultant
Mobile: +36 30 7686 760
www.bifarma.hu
Rheumatoid Arthritis (RA) is an autoimmune disease that destroys cartilage and bone severely damaging the quality of life. In order to evaluate the
progression of the disease a scoring method based on x-ray images is
applied.
So far the scoring process is performed manually, therefore on one hand it is
a time consuming task, on the other hand it is not free from human error and
is not reproducible. Bifarma Ltd. offers AutArt, a comprehensible solution
which solves the above mentioned problems. By the unique combination of
image processing, data mining and medicine, AutArt:
• provides an accurate diagnosis
• gives faster results (2 min/patient on average instead of half an hour)
and
• is objective, reproducible and eliminates human error
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85
ICT, ELECTRONICS
Cleaning system
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
MFB Invest
ICT, electronics
Ms Andrea Földes
Phone: +36 1 452-5761
Email:
foldes.andrea@mfbinvest.hu
Executive summary
The present invention is an automated cleaning and disinfection system
composed of a square lattice, the size and shape adapted to the needs
of the customer. Liquid (normally water, but other additives as possible.
Disinfectant) comes from a pipeline that cleans the contaminated surface
(e.g.: shoes, car wheels, etc.).
FUNDING
REQUIREMENT (EUR)
1 000 000 – 2 000 000 EUR
Financial investor
Potential high return
Start-up company
BUSINESS SUMMARY
Potential business targets: hotels, office buildings, sports facilities, industrial
parks, hospitals, hazardous areas, etc.. Environmental criteria are met: selfcontained sewage treatment works, requires fewer chemicals consumption,
protect the environment and energy saving.
Environmental criteria: self-contained sewage treatment works, requires
fewer chemicals consumption, protect the environment and energy saving.
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87
ICT, ELECTRONICS
Key project
BUSINESS SUMMARY
CONTACT
INFORMATION
The main feature of this newly invented key system is the very high security
level that can be reached, and also that not only one individual can use
the same key to various places safely, but also the same key can safely
be used by separate individuals to various places. It is a patented system,
currently there are only prototypes available, it is not yet commercially available.
According to the major industry experts, similar, combined technologies will
be the lead technologies in the security market of the near future.
FUNDING
REQUIREMENT (EUR)
Important advantages of the new system: In a situation where a key is lost,
no one can enter to the customer’s premises. The keys do not need to
be blocked by phone, as has to be done in the case of lost access cards.
The combination cannot be copied (the manual pin code is not based on
a combination of codes).
900 000 EUR
Speedcarve Ltd.
Mr László Bartucz
Mobile: +36 30 511 2550
Email:
www.speedcarve.hu
Lack of competition and a high expected growth rate of the market segment
The owner of this new technology is an innovative Hungarian company who
owns many successful patents.
INVESTMENT SUMMARY
The inventor is ready to sell the full technology.
Industry
ICT, electronics
Executive summary
The main scope of this project is finding a strategic investor who is interested
in new, unique technologies. HANOR 3D Ltd. has invented a new locking
technology, a locking system with a very high security level. The system
is operating with a mechanical pin code which makes the system special.
The locks can be connected to a central IT management system (mobile
solutions, entrance tracking, access management, etc.).
Strategic investor
Technology transfer
3 – 6 years
Start-up company
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89
ICT, ELECTRONICS
Innovative LED street lighting manufacturing
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
ICT, electronics
The proportion of LED technology in outdoor lighting is lower than other
lighting market segments although energy and cost saving potential is more
significant. Application of LED technology in 2011 was 7% globally, and
according to market expectations the ratio will increase to 70% by 2020.
These lamps are applicable for public lighting and industrial outdoor lighting,
where manageability and additional cost savings are relevant.
Executive summary
FUNDING
REQUIREMENT (EUR)
750 000 – 800 000 EUR
M-Natura Land Ltd. has developed an outdoor lighting system which uses
light emitting diodes (LED) as the source of light. The technology allows
a remote management system by using near field communication (NFC).
The innovative lighting fixtures with the remote system generate a remarkable cost saving operation compared to other lamps with LED technology.
The lighting system is adaptable to public lighting and on industrial areas.
With the contribution of the capital needed, M-Natura Land Ltd. would start
the production in the own assembly plant and start the internationalization
process.
The international sales strategy includes CCA. 15 000 lamps sold with
3 000 000 EUR turnover and EBIT 600 000 EUR for the 5th year.
Financial investor
The innovative product of M-Natura Land Ltd. is an outdoor lighting system
which uses LED technology. The main difference to other light sources is
the directed light with the lamps of M-Natura Land Ltd. being even more
effective with the own developed lenses. The lighting fixtures are available
with a power rating of 30, 60 and 120 watts, with a significant lumen per
watt ratio- 139 lm/w (luminous efficacy).
Amount 740 000 Euro in exchange for 49% of the company share
3 years
Start-up company
90
Technologies and projects with cost reduction potential could benefit from
financial resources; ESCO companies are seeking stable calculable developments.
CONTACT
INFORMATION
M-Natura Land Ltd.
Mr Illés Manzéger
Email: naturaland@invitel.hu
Ms Nóra Dalnoki
Consultant
Mobile: +36 30 768 6760
www.mnatura.site90.net/en
With the technology of near field communication, the lighting system is
remotable and manageable with a software application. The advantage of
this solution is cost efficiency and adaptive lighting which is set up by targeted maintenance and repair, low energy consumption and solar sensors.
M-Natura Land Ltd. has achieved TÜV certification.
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ICT, ELECTRONICS
ReSearchIT (Health Data Research Analyzer)
INVESTMENT SUMMARY
Industry
ICT, electronics
4 years
Executive summary
FUNDING
REQUIREMENT (EUR)
100 000 EUR
In the last three years we have developed a medical/research system
including database integration, highly customizable user-interface and
sophisticated data-mining tools. We have found a great interest among clinicians, residents, PhD students and healthcare managers. The project needs
external sources for financing the common shared hardware, software,
licence and development fees to step into a production phase and develop
business from multiple research collaborations.
Financial investor
BUSINESS SUMMARY
There are lots of patient-management and diagnostic databases which can
be merged, reorganized and extended to be able to use them for inter-department consultations, scientific team work, and decision support in drug
development or healthcare politics. Three years ago we started a pilot at
the Department of Pulmonology, Semmelweis University, which demonstrated that the integration of University’s central database, various diagnostic
units and local research collections leads to a very usable and productive
tool. The majority of employees at the University are motivated to publish in
scientific publications with very limited time and data resources.
CONTACT
INFORMATION
HDRA Ltd.
Mr Zsolt Szegedi MD
Mobile: +36 20 971 8250
Email: szegedi@hdra.eu
Mr Péter Barta MD
Mobile: +36 20 936 7353
Email: barta@hdra.eu
Lágymányosi utca 14.
www.hdra.eu
A web-based system to integrate, manage and use clinical and research
data. Applications from personal patient-care up to population-wide statistics.
Fully customizable database-structure, relations and rights.
User-defined outputs (standard file-types) and inputs (forms, csv- or xml-files).
Share objects (settings, filters, printouts, database elements, comments,
tags, designs) between users and user groups.
Multi-language support, spell-checker with medical terms. Tight integration
with R Statistics with customizable output parameters including real 3D diagrams and animated charts.
Special medical extensions such as family-tree, bronchial-tree, spirometry,
incident maps, etc.
Tools to import medical and scientific data from external sources.
Invited presentation: eHealth Conference 2010, Budapest
Actually no other investor included.
In future we intend to extend the database in terms of size: including other
departments and hospitals; data diversity: involving other medical professions; data depth: combining clinical and molecular/genetic data; data-mining
tools: trend-analysis, predictions, cost-benefit calculations.
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93
RENEWABLE ENERGY
in Hungary
94
Hungary has excellent natural resources for the utilization of renewable
energy, in particular regarding solar, wind, biomass, biofuel and geothermal
energy. The sector is poised for growth in Hungary, due to the still untapped
capacities and the pledge by all EU governments to increase renewable
energy usage by 2020. In the case of Hungary, this means that the
current 8.7% in the energy mix will increase to 15% in the next 8 years.
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RENEWABLE ENERGY
Introduction
• Hungary receives as much as 2,200 hours of sunshine a year
• Regarding geothermal energy, the geothermal gradient in Hungary is
almost one and a half times as high as the world average, and represents one of the country’s natural treasures
• Hungary’s renewable energy potential is more than 2200 PJ/year
• Hungary’s photovoltaic potential is about 480 billion kWh
(based on potentially installable solar modules)
• Hungary is among the top five high-tech exporters in Europe
Why Hungary?
• Significant resources and unused capacity, with extensive investment
opportunities
• “Made in EU” tag
• Logistics hub: excellent transport system
• Highly skilled, innovative labour force, with an exceptional cost/quality
ratio
• World-class quality of life
• Tailor-made incentive system
• Well-developed infrastructure
• Emerging renewable energy market
• Renewable energy is a preferred and supported sector of the government
• Over 200 industrial and technology parks of international quality available for green and brown field developments
OVERVIEW
SOLAR ENERGY IN HUNGARY
There is notable solar potential in Hungary, currently however only a limited amount of solar capacity has been constructed. The 1 MW output of
installed PV-systems in Hungary, means that there is still a lot of room for
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RENEWABLE ENERGY
growth. A new feed in tariff system (METÁR) is set to be implemented in
the near future, which will result in the spread of solar energy (heat and PV)
usage. Besides the support of public solar projects, the new system will
encourage the building of solar power plants with bigger capacities (over
50 MW).
WIND ENERGY IN HUNGARY
According to preliminary data, in 2010 the share of electricity from renewable energy sources reached 7.56%. The contribution from large-scale wind
turbines with power plant capacities was approximately 3.2%. The current
wind energy capacity will double by 2020, which is important for the development of a green economy.
43% of country’s area is suitable for the economical utilization of wind power.
In areas that are 75 m above sea level, the annual average wind speed is
above 5.5 m/s. The opportunities are even more promising at higher altitudes.
BIOMASS & BIOGAS IN HUNGARY
Hungary possesses excellent agro-ecological conditions for the competitive production of biomass. Hungarian agriculture is capable of sustainably
producing biomass in excess of food and feed demands, and at the same
time there is a significant potential for biogas production. The theoretical
potential of energy sources of biological origin (bio-energy) could exceed,
by as much as 20%, the energy source demand estimated for 2020.
Biomass potential in Hungary
• Total feasible resource potential: 145-188 PJ/year, 20 million tons
• Currently only a small part is being utilized
• Most important resource: agriculture
BIOETHANOL/BIODIESEL IN HUNGARY
• Still an emerging market
• Large potential in bio-fuel production from agricultural products
• In the past few years more than 30 new projects were announced, including SEKAB, Rossi Biofuel, United BioFuels
• New investments in biomass R&D: Monsanto, Pioneer HiBred and
Agritrade SRL
ALREADY INVESTED
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99
RENEWABLE ENERGY
Different energy technologies
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Olajgép-Tec Ltd. Co.
Renewable energy
Mr Pál Farkas
Email: pfarkas@olajgeptec.hu
Executive summary
FUNDING
REQUIREMENT (EUR)
Negotiable,
according to the content
and size of the project
Our companies specialize in energetic innovation and environmental technologies. The priority areas are the oil and gas industry. In recent years we
have become capable of absorbing significant EU resources in the field of
human expertise and in intensive project cooperation with Hungarian universities. A number of projects are currently underway, being in different stages
from the initial start-up, through to the realization phase. Technology transfer
and research financing are also creating cooperation possibilities.
Mr Sándor Nyári
Email: snyari@olajgeptec.hu
Hungary, 5940 Tótkomlós,
Vasvári Pál utca 15.
www.olajgeptec.hu
Strategic investor
BUSINESS SUMMARY
In recent years, the joint effects of environmental anomalies, the global
financial crisis and the hunger for energy have required the appearance of
such competences which coincide with the market demand for new services. These issues can be addressed through creating ventures which are
innovative medium size enterprises, capable of providing services by matching the intellectual property of the universities and the available capital
of multinational companies. Such companies will be able to absorb the
resources allocated inside the EU, namely will be qualified for creating the
infrastructure (design software, research places, special workshops) serving
the human resource demand of the new technologies.
Resourcing, development and innovation in the energy sector, providing
services for its market oriented segments, from drafting the idea, through
engineering to manufacturing and testing the prototype, and market introduction. The pressure for developing new technologies requires increasingly
resilient and intensive cooperation through international relations. The market
demand for these services has shown a dynamic increase especially for
complex services like those provided by our companies.
Available projects:
• Hydrate inhibition inspecting container – in final stage, prototype is in field
operation
• Thermal gas generation – prototype is in the test phase
• High efficiency power generation system – in development stage
• Gas separator membrane – in development stage
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101
RENEWABLE ENERGY
Bioethanol, Biogas and Biomass Plant in Visonta
Financial investor
CONTACT
INFORMATION
HBT Helvécia Bioüzemanyag
Termelő és Ker. Kft.
Calculations made for acquisition:
IRR: 31% (if 75% investment loan is used for the development)
IRR: 17% (if 100% cash is used for the development)
ROI: 6 years or 271% (calculated with 20 years nominal cash-flow)
NPV: 68 800 000 Euro (for 20 years and with 10% equity cost)
FUNDING
REQUIREMENT (EUR)
Mr Tibor Érsek
Mobile: +36 30 488 1141
Email: t.ersek@duna.hu
BUSINESS SUMMARY
95 000 000 EUR
(for finishing the plant)
The bioethanol, biogas and biomass plant’s project development is ready
(plans and permissions are available, contracts with technology suppliers
are ready to be signed, investment loan negotiations are driven).
Total investment:
112 500 000 EUR
The next step is to start to build the plants. Corn suppliers are available at
any time for production. Thanks to the above discussed synergy production
is possible on an extremely cheap level.
INVESTMENT SUMMARY
Ethanol buyer Mitsui is ready to buy as much bioethanol as Hungary can produce. The team is prepared for the construction and also for the operation.
Industry
Renewable energy
Executive summary
The main objective of the bioethanol, biogas and biomass plant project is to
produce fuel quality bioethanol and green electric power. The aim of combining the three plants is to utilize synergies. Bioethanol is produced using
maize as raw material. The by-product of ethanol production is the main
feedstock of the biogas plant, meanwhile the biogas- and biomass plant
provide heat and electric power for the bioethanol production.
Bioethanol will be sold in Western Europe, a contract is already signed with
one of the biggest redistributors: Mitsui GmbH. Electricity can be fed into
the national system or later to an open market in Europe.
The main input is corn and during the production phases most of it is used,
so there is only a small surplus material remaining.
With this setup the Bioethanol Plant is able to produce biofuel with low
energy costs and minimal waste.
102
Bioethanol (~110.000 m3/year), sales volume: ~ 80 000 000 €/y
Green electrical power (~108.000 MWh/year) sales volume: 12 000 000 €/y
Corn germ (~31.000 t/year) sales volume: 10 000 000 €/y
Biofertilizer (~29.000 t/year) sales volume: 600 000 €/y
Sales contracts are signed for bioethanol (with Mitsui GmbH) – biggest
European ethanol trader. Green electrical power can be fed into national
grid. Corn germ has a wide demand from animal husbandry. Biofertilizer can
be sold to corn suppliers. Negotiations already started.
Furthermore the plants will save more than 100 000 CO2 quotas, which can
be also sold in the CO2 exchange system.
Several reserves are built into the business plan, so in case of negative events
the operation and the trading profit is in no danger.
According to the profit and loss calculation the ratio between the operation
cost and incomes move around 79%. Hungarian agriculture has a 5-10%
surplus supply of corn in each normal year (without drought).
103
Production of Biodegradable Plastic Finished
Products, Granules, PVA (base material) in Hungary/
Finished Products in other Countries
BUSINESS SUMMARY
CONTACT
INFORMATION
We are targeting the Hungarian packaging industry, as one of the largest
markets for bio-degradable products.
The EU legislation provides the potential buyers, as it will ensure that
manufacturers and customers will replace the standard-based products
with degradable plastic.
FUNDING
REQUIREMENT (EUR)
BIOPLASTIC HUNGARY/
EUROPE Ltd.
Mr József Zsebe
Email: bioplastickft@gmail.com
Our company owns the exclusive contract for the Hungarian manufacturing and distribution rights, and for Austria, Czech Republic, Slovakia,
Slovenia, Croatia, Serbia-Montenegro, Romania, Ukraine, Switzerland,
Norway and Sweden.
60 000 000 EUR
In the “Know-how” of the contract, it is not only known and manufactured
products that are delivered, but a direct relationship is created with the
developers, the owners of the know-how and their proposed research and
development.
INVESTMENT SUMMARY
Industry
Renewable energy
Executive summary
Establishing of the basic factory in Bélapátfalva for manufacturing 10 000 tons/
year granules and finished products.
The biodegradable plastic is able to replace or substitute the traditional
plastic products, because it has the same physical properties (colourable,
printable, wirable, etc.) and has the same value as the traditional plastic
products.
We will fabricate biodegradable plastics with a completely different technology, using crystalline (PVA) base materials with the direct addition of additives to improve the granulate. This technology is significantly better in terms
of production costs and the price difference compared to the biodegradable
plastic materials made by our competitors.
The average price of biodegradable plastic granules manufactured by us is
3 Euro/kg. The fully processed foil’s price from this granule will cost an average price of 4.5 Euro/kg.
The technology produced and used by our competitors, as “biodegradable”
plastics, have market prices ranging from 6.5 to 9 Euro/kg. The foils made
from it cost an average of 11 to 14 Euro/kg.
Financial investor
6 years
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105
RENEWABLE ENERGY
Plant for the Reclamation of Electronic Waste
Products at Tiszapüspöki
INVESTMENT SUMMARY
Industry
Renewable energy
10 years
FUNDING
REQUIREMENT (EUR)
60 000 000 EUR
Financial investor
EWR-Hungary Kft.
Start-up company
Mr Csaba Szalay
Executive summary
The handling and reuse of electronic waste products in which 94% of the
material is reused. The production of electrical energy through the patented technology of EWR Hungary for discarded electronic waste materials,
which is possible following the sale of the recyclable metal components.
The production of electrical energy guarantees that it can work independently without an energy supplier. This solution can be employed in several
ways. Following the extraction of the waste metals and the start of the heat
production process, the heat from the waste can be used for fish production, horticulture or other suitable applications.. The patented technology
has been developed by a number of specialists and researchers who have
now proven its viability and operation. Currently, we have obtained a property and only require the buildings and machinery.
CONTACT
INFORMATION
BUSINESS SUMMARY
We will be able to handle 8,000 tons of electronic waste. The end products
are 98% pure metals, electrical and heat energy from waste. It is an energetically independent process once the production process is in place.
In addition to the reuse of the metals and the production of energy,
the sale of the heat extracted from the waste products will provide considerable profit as it can fuel additional production with very little additional investment. It is especially appropriate to high value food production
systems in horticulture and much sought after. In all countries, there are
computers, or home appliances, which after use become waste products,
and can only be stored at great expense. This technology, however, in
addition to putting an end to the cost of storing the waste will lead to significant income.
Mobile: +36 30 470 6762
Szent István körút. 2. fsz. 4.
www.ewrhungary.com
Raw materials:
• 28-30 tons of electronic waste (25-30% synthetic materials, Pe-PP)
Finished products:
• 12-15 tons of various pure metals (iron, aluminium, copper, silver, zinc,
nickel, etc.)
• 7-10 tons of diesel oil, 28-32 MW/h electrical energy
• 200-280 GI (the heating value of 6,000 m³ natural gas)
• Gas, sufficient for the entire heat requirement of the process
• Secondary waste, a maximum of 1.8 tons of which the dangerous waste
is at most 0.2 tons
After the construction of the pilot plant and the start-up of production, the
patented technology can be further marketed.
I. The mechanical cutting up of the waste
II. The separation of the various components
III. The heating of the grindings in a patented reactor
IV. Extraction and cleaning of the metals
V. Production of electrical energy for diesel plants and for co-generated
heat
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107
RENEWABLE ENERGY
Hunest Biorefinary Ltd.
BUSINESS SUMMARY
CONTACT
INFORMATION
Detailed calculations indicate that the envisioned project would have the
following business indicators:
• Sales revenue: HUF 7,900 billion/year
• Operating costs: HUF 5,200 billion/year
• Profit after tax (Total profit after tax in 10 years, based on annual production data): HUF 7.581 billion
FUNDING
REQUIREMENT (EUR)
Nitrokémia Co. Inc.,
Hunest Ltd.
Email: zshorvath@nitro.hu
www.nitrokemia.hu
This results in an average profit margin of 10.7%, which is a very good
figure for a project of this capacity.
INVESTMENT SUMMARY
50 000 000 EUR
Industry
Renewable energy
Executive summary
Technologies based on renewable energy sources have become more than
just demands of the green movement.
The first step in building the Balatonfűzfő Biorefinery is planned to be a
technical facility which can function as an independent economic unit and
produce competitive products.
The factory works with natural substance such as starch, wheat and sweet
sorghum to produce lactate acid through biotechnology. This lactate acid
is the basis of many plastics and solvents, with the company being able to:
manufacture biologically degradable plastics from renewably sourced stock;
produce environmentally compatible lactic acid and calcium lactate. (Conc.
95% lactic acid is the raw material for polylactic acid (plastic industry).
Enzymatic saccharification of the starch suspension results in glucose which
lactic acid bacteria can use. The neutralizer used for glucose lactic acid
fermentation is ground limestone. The bacterial mass, cell wall remains
and other dissolved proteins, sugars and oligosaccharides as well as nondesirable additional compounds are used in a biogas plant. The calcium
lactate produced by fermentation goes through a concentration method.
Concentrated calcium lactate is a marketable product in itself. Sulphuric
acid is added to produce lactic acid, which is further purified through distillation to produce solutions of a concentration suitable for commercial sale
(85%) or a 95% lactic acid solution suitable for polymerisation.
Auxiliary units of the biorefinery include the water treatment plant, cooling system, a biogas facility where all the liquid waste is used, as well as the power
plant running on biogas. Another product of the biogas facility is desiccated
sludge or biological fertilizer which can be used after storage to replenish
soils. The final facility supports operations which are profitable and easy to
upgrade.
The biogas firm is part of the project because of exploitable technical sewage.
Financial investor
ROI: 8,3 years
Start-up company
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109
RENEWABLE ENERGY
Bioethanol Plant in Visonta
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Visontai Bioetanol Fejlesztő Kft.
Renewable energy
Mr Tibor Érsek
Mobile: +36 30 488 1141
Email: t.ersek@duna.hu
Executive summary
FUNDING
REQUIREMENT (EUR)
41 760 000 EUR
(for finishing the plant)
The main objective of the bioethanol plant project is to produce fuel quality
bioethanol from maize. The plant is going to be built on the industrial site of
Mátra Power Plant with the aim of utilizing synergies due to the cooperation between the two plants. The coal based power plant will supply the
steam and electrical energy to the bioethanol plant, and the by-product of
the bioethanol plant will be utilized by the power plant as feed stock. Thank
to this cooperation the bioethanol plant receives electricity and steam at a
lower price while the Power Plant can use a renewable resource, so it will
save CO2 quota. With this setup the Bioethanol Plant is able to produce
biofuel with the lowest energy costs and minimal waste.
Total investment:
44 210 000 EUR
Calculations made for acquisition: IRR: 77% (if 80% investment loan is used
for the development)
IRR: 23% (if 100% cash is used for the development)
ROI: 5 years or 750% (calculated with 20 years nominal cash-flow)
NPV: 94 300 000 € (for 20 years and with 10% equity cost)
Start-up company
BUSINESS SUMMARY
The bioethanol plant’s project development is ready (plans and permissions
are available, contracts with technology suppliers are ready to be signed,
investment loan negotiations are driven). The next step is to start to build
the plant. Corn suppliers are available at any time for production. Thanks to
the above discussed synergy, production is possible at an extremely cheap
level. Ethanol buyer Mitsui is ready to buy as much bioethanol as Hungary
can produce. The team is prepared for the construction and also for the
operation.
Bioethanol (~55,000 m3/year), sales volume: ~ 40 000 000 €/y
Stillage (~141.000 t/year) sales volume: 4 000 000 €/y
DDGS livestock food (~58,700 t/year) sales volume: 18 000 000 €/y
Sales contracts are signed for bioethanol (with Mitsui GmbH – biggest
European ethanol trader – and for stillage (with Mátra Power Plant). DDGS
is a product much in demand with stockmen.
Several reserves are built in the business plan, so in case of negative events
the operation and the trading profit is in no danger. According to the profit
and loss calculation the ratio between the operation cost and incomes move
around 72%. Hungarian agriculture has a 5-10% surplus supply of corn in
each normal year (without drought).
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RENEWABLE ENERGY
Production of Beta Buses
INVESTMENT SUMMARY
Industry
Renewable energy
Amount 15 000 000 Euro in exchange for 50-55% of the company share
Executive summary
FUNDING
REQUIREMENT (EUR)
Financial investor
We were inspired by the results of our local, and European market research,
and our long time market experience to develop a project plan for the manufacturing and sale of hybrid-, trolley buses and minibuses. The business
management and designing process of the buses is done at the site of operation, hybrids and trolley buses are made in Pecs. Coach-building is carried out at the manufacturing plant of the Turkish co-operating partner. The
superstructure of the bus is built on self-running Mercedes-Benz or Iveco
manufactured chassis.
The manufacturing of the Beta Electro trolley, fuel cell and hybrid buses,
the joint utilization of the Beta-stirrup and Beta-Floor inventions will mean a
new approach to urban public transportation. This is going to be the most
significant and the most profitable business of the company.
15 000 000 EUR
10 years
CONTACT
INFORMATION
Beta Busz Kft.
Mr Szabolcs Dicsö
Mobile: +36 20 286 7222
Email: dicso.sz@gmail.com
Start-up company
Hungary, 7630 Pécs,
Németh M. utca 3.
BUSINESS SUMMARY
Hungary, 7630 Pécs,
Koksz utca 91.
During the financial planning we used cost-profit analysis to examine the
feasibility of the investment, the sustainability of effective operation, and the
assurance of expected output.
The index numbers are:
Net Present Value (NPV): 37 175 180 EUR
Profitability Index (PI): 5.7
Internal Revenue Rate (IRR): 54.6%
Discounted Payback Period (DPP): 5 years
All of the index numbers meet all criteria, therefore during its operation the
project will generate the expected revenues. The examination of Return
Period is done based on the calculated base value revenue volume, and the
present value of the invested capital. Currently, this index is at year 5.
Over all it can be determined that production and sales opportunities of all
proposed products are subservient.
We will carry out the design process of the buses, and production of Beta
Electro at the headquarters in Pecs. Manufacturing will be done in Turkey on
the manufacturing lines of BURSA.
Except for the chassis, all suppliers are located in Bursa or its surroundings, and possess DIN, and EU qualifications, and like our partner have ISO
quality control systems. In addition, our company monitors and assures the
control of local, ongoing manufacturing. All sales and logistics will be performed at the company’s headquarters.
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RENEWABLE ENERGY
Establishment of a compressed air motor vehicle
production line
5 years
Start-up company
BUSINESS SUMMARY
CONTACT
INFORMATION
MUNEDAL S.A.
Dr Iván Tarján
Phone: +598 94 027 890
Email: Munedal.2011@gmail.com
The shortage of the petroleum resulting in higher prices has led the automotive industry to seek alternative solutions. One of the solutions is using
compressed air as the power source for vehicles, with the main advantage
that it is a clean, pollution-free method of transport for goods and people.
FUNDING
REQUIREMENT (EUR)
15 000 000 EUR/factory
60 000 000 EUR
for 4 types of vehicles
The biggest market is the in-city transport where the distances are short
so the vehicles do not need a significant range; the average is not more
than 150 km/day. In addition, refuelling can take only for 2 minutes with
the appropriate infrastructure.
In places where appropriate renewable energy sources are available (wind,
solar) the refuelling tanks can be continuously filled in an entirely environmentally friendly manner.
INVESTMENT SUMMARY
Industry
Renewable energy
Executive summary
Travelling around the world we found critical situations in big cities where
the quality of the air becomes so poor that it results in smog alerts. The premier reason for this is the pollution by cars and (public) transport vehicles.
Pressured air vehicles are a technology that would dramatically improve this
situation. We show two different production lines for different designs of
pressured air cars that can be very competitive alternative transportation
equipment.
Currently we have discussed taking over the technology of pressured air
vehicle production. We have all the permissions to promote ourselves as a
potential producer in the territory we choose.
Financial investor
114
Turnkey factories to manufacture and sell locally
It envisages the notion of Dealer/Manufacturer/Associate by proposing turnkey factories in order to produce and sell locally. Contrary to huge conventional assembly factories (that are particularly polluting), the AirCar concept
sets up numerous production micro-factories spread all over the area. They
are equipped with all the necessary workshops to manufacture 80% of the
vehicles and to commercialize their products on the spot.
The products are shown on the pictures.
The vehicles have the following properties that make them unique:
• light in weight, small in size
• easy to handle
• refuelling means simply changing the tanks
• easy production, self-supplying chain
The project is based on a license agreement with the inventor. The cost of
each production line contains the licence fee and a special agreement and
distribution structure with the owner of the technology.
We have chosen three types of vehicles to cover most of the market
demands, such as small city vehicles for personal use and cargo, family sized
vehicles and buses.
115
RENEWABLE ENERGY
Investment opportunity in the renewable energy
operations of ALTEO Plc
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
ALTEO Energy Service
Providing Plc.
Renewable energy
Executive summary
FUNDING
REQUIREMENT (EUR)
Targeted funding
requirement is
5 000 000 – 7 000 000 EUR
ALTEO operates in the power generation and power trading business with
the primary focus on power generation from renewable energy sources like
wind and biogas. ALTEO owns 10 power plants in Hungary with a total of
35 MWe installed power generating capacity and 237 MWth installed heat
generating capacity. ALTEO’ renewable energy portfolio includes 3 wind
power plants; 2 landfill gas utilizing power plants; and 2 hydro gas power
plants. The rest of the power generating portfolio consists of 3 gas fired
combined cycle, heat and electricity generating power plants. ALTEO is
seeking further fund raising to finance its investments in renewable energy
generation, primarily weather dependent renewable (wind and solar) energy
generation in Hungary, Romania and Bulgaria.
Financial investor
ALTEO is ready to discuss an investment opportunity into either a Special
Purpose Vehicle to be set up by ALTEO to manage its renewable energy
operations, or in ALTEO Plc itself. In either case potential investors will be
offered a maximum 49% stake in the target entity.
5 years return period with a target average annual ROI of 30%
BUSINESS SUMMARY
Mr Domonkos Kovács,
Member of the Board,
Chief Investment Officer
Phone: +36 1 474 9782
Mobile: +36 20 970 9748
Email:
kovacs.domonkos@alteo.hu
ALTEO was established in 2008 as an energy production and energy services company focusing on alternative electric and heat energy solutions
in the small power plant segment (power plants with less than 50 MWe
installed capacity) and power trading. Currently ALTEO owns 10 power
plants out of which 7 produce electricity from renewable sources like wind,
landfill gas and hydro gas. The remaining 3 power plants are gas fired
combined cycle, electricity and heat generating, power plants. Our power
trading activity currently has a customer portfolio with 75 GWh power
purchase, generating a portfolio of EUR 8 million. ALTEO’s customers
are primarily business users, like multinationals (e.g.: Audi Hungary and
Heineken) and other small and medium sized local businesses.
www.alteo.hu
ALTEO is seeking fund raising of EUR 5-7 m to finance part of its investments in
weather dependent (wind, solar) and biogas based renewable energy generating projects in Hungary, Romania and Bulgaria. As per project, the target
project size is between EUR 2 and EUR 15 million in terms of total invested capital need. Capacity-wise the target project size is between 1.5 and
10 MWe in case of wind; 0.5-5 MWe in case of solar; and between 1-3 MWe
in case of biogas.
The key projects in our pipeline requiring financing are:
• Investment in 2 licensed to be established biogas power plants with
aggregate capacity of 1.6 MWe in Hungary
• Solar power plants in Hungary with aggregate capacity of 3 MWe
• 2 solar power plants in Romania with aggregate capacity of 4.2 MWe
ALTEO Plc. is listed on the Budapest Stock Exchange. ALTEO has recently
completed a capital increase of cca: 1 million Euros with several financial
investors.
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RENEWABLE ENERGY
Biomass-based complex regional development
solutions
BUSINESS SUMMARY
CONTACT
INFORMATION
There is significant potentials in the production of SRC/ biomass in Hungary as 85% of the county is suitable for agricultural activities. The main
factors responsible for the growth of Hungary’s agriculture are fertile lands,
availability of water and a favourable climate. Locally grown biomass could
be used for heating greenhouses, heating plants, etc. Heating costs can
be reduced by 70 percent by exchanging old oil or gas burners for a new
biomass boiler system. Using biomass as fuel is a very cheap way of producing large amounts of food and energy. In Hungary there is shortage of
these kinds of activities, therefore there are considerable opportunities for
developing it.
FUNDING
REQUIREMENT (EUR)
3 000 000 EUR
Bionova Hungary Ltd.
Mr Zoltán Hamar
Mobile: +36 20 355 5136
Email: hamar.zoltan@bionova.hu
Mr Gergő Vajner
Mobile: +36 20 547 3519
Email: vajner.gergo@bionova.hu
www.bionova.hu
1. Developing production fields of short rotation coppice
2. Harvesting of biomass.
INVESTMENT SUMMARY
We manage a field of SRC stock plants and a unique innovative biomass
harvesting machine. We can demonstrate this project in case of an inquiry.
Our aim is to increase the area of our SRC plants and to widen our harvesting
machine portfolio.
Industry
Agriculture, Renewable energy
Executive summary
Bionova Hungary Ltd. appeared in the Hungarian market in 2011. The firm
is dealing with two fields: 1. Distribution of high quality, innovative, optimal
efficiency agricultural, forestry and biomass machines. 2. Producing and
harvesting of short rotation coppice (SRC) as an energy crop. We are looking for financial investors for the second field of our business in buying production fields for SRC and establishing places of use for the biomass.
Financial investor
7 years
Start-up company
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119
RENEWABLE ENERGY
Selective distribution of scrap metal and scrap
vehicle registered project management
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Vitech Kft.
Renewable energy
Mr István Máté
Mobile: +36 70 616 3936
Email: mateistvan1@citromail.hu
Executive summary
FUNDING
REQUIREMENT (EUR)
Tőke Fém Ltd. purchased:
850 000 EUR
Scrap selective acquisition, management and sale, as well as registered
scrap yard operation. The implementation is currently for sale, scrap metal
dealers in operation since 2004, purchased the site’s main business idea.
After purchasing an immediate continuation of the operation and expansion
of development and implementation.
Financial investor
Branch expansion, commercial
real estate purchase:
350 000 EUR
Working capital required
for operation: 350 000 EUR
Lorry with container
fittings acquisition: 250 000 EUR
Baling presses for
high-performance acquisition:
170 000 EUR
Car breakers in part,
tools, small appliances
purchase: 30 000 EUR
TOTAL: 2 000 000 EUR
The time of the return: 2012
Start-up company
BUSINESS SUMMARY
Property for sale in the plot 2360 m2 M.É.H.-site registered and operated
scrap yard and demolition certificate, publishes, and newmetal trading
license. The total site area of paved, fenced, alarm and settlement agents
equipped with cameras. The metal frameholding 600 m2 hall, assembly
hall, dining room, kitchen staff, office and social rooms are. The site for
the operation of all machinery and accessories with sale. In an installation
with a paved road. The real estate industry powered utilities. The company
specialized authorities for the operation of all the new metal is licensed
under the Act.
The metal is produced continuously. The retail suppliers and the strategic
concept within the industrial metal structures generated by manufacturing
companies is made up of scrap metal purchases. Preliminary negotiations
folnyak several large enterprises, including two large companies establishing
long-term supply contract. MAV is one of the overhead line and non-ferrous
metal industry expertise with respect to the K.É.SZ Ltd. and steel structure
fabrication plant metal waste produced.
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121
RENEWABLE ENERGY
Sunshine Garage, a new generation of mechanized
parking systems
BUSINESS SUMMARY
CONTACT
INFORMATION
Areas for parking are getting smaller and more expensive, while demand
for parking is increasing. That is why mechanised parking systems requiring a small ground space are in greater demand.
FUNDING
REQUIREMENT (EUR)
1 700 000 EUR for
a ten storage level garage
at manufacturer’s price
– not including the price
of the plot and that
of the different covers.
The production of a Sunshine Garage – in addition to its significant technical novelties and high-tech format – costs approximately half that of other
types of mechanised parking systems.
INVESTMENT SUMMARY
VARIOMIX Technical
Development Ltd.
Mr Gyula Friwaldszky
Phone: +36 1 297 0328
Email: variomix@t-online.hu
Compared to structures of similar use, the quick recovery of investment is
highly significant.
Industry
Renewable energy
Executive summary
Parking problems are well known in all major cities of the world. We provide
the most effective solution for this problem.
Recommended business opportunities:
• transfer of the right of utilization by selling licence and know-how
• creation of a franchise system worldwide
• manufacturing of Sunshine Garages by Hungarian companies, installation worldwide
The existing mechanized parking systems are not popular because they are
slow, their operational cost and safety are not adequate, and their build is
not customer friendly, etc.
VARIOMIX Technical Development Ltd. has developed a new generation
of mechanized parking systems, the Sunshine Garage, which is a unique,
modern, high-tech steel structured parking system. It can be set up quickly
and cost-effectively on the technically smallest possible area, has a rapid
service time, unique operational safety, is energy efficient, environmentally
friendly, economic and provides an outstanding safety level for vehicles and
their contents.
Its operational safety is unique in the world. The in- and out-parking of cars
is the fastest among the hitherto known systems.
Financial investor
The period of investment recovery for the Sunshine Garage with an average
parking fee of EUR 1/hour is approximately 5 years. In the case where the
facade of the Sunshine Garage can be sold as an advertising surface, the
period of recovery is only 2-3 years.
Sunshine Garage requires the technically smallest possible ground space
(320 m²).
The safety of valuables is outstanding.
The 10-storey Sunshine Garage receives 126 vehicles, the 20-storey 246,
while the 30-storey Sunshine Garage has space for 366 cars. For larger
demand, units may be installed in groups.
Under average climatic conditions, there is no need for ventilation, heating or cooling because the car engine is off during the parking procedure,
therefore, its operation is economic and environmentally friendly. As its steel
structure can be assembled and disassembled quickly, it may also be constructed with an earthquake-resistant foundation.
As a special option, the top and the sunlit façade of the Sunshine Garage may
be fitted with solar panels with the aim of reducing operational costs. On the
ground floor, it is possible to create charging stations for electric cars.
Project idea
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123
RENEWABLE ENERGY
Rubber Regeneration
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Renewable energy
The manufacturing technology, which we developed in order to be able to
make use of rubber waste, is unique. We do not see any difficulties in the
acquisition within Hungary of the rubber granules used as the basic material
in this technology because there are a number of firms that process rubber
waste, which are ready to sign agreements with us in order to supply the
material. In addition, we are familiar with the technology of grinding down
rubber tires, and we can add this process to the production line at any time
that it might become necessary.
Executive summary
FUNDING
REQUIREMENT (EUR)
1 666 667 EUR
Until 2010, the company produced primarily for German firms, i.e. for
AGRIKON Solt, Machine and Material Ltd., Mauderer Alutechnik GMBH
Lindenberg. Due to the unfavourable circumstances, the executive director of the company János Juhos accelerated the research process, which
had been carried out together by József Szabó, a mechanical engineer, and
László Opra, a chemical engineer. The research on the possibilities for the
reuse of rubber was undertaken with environmental concerns in the forefront. The development specifically concentrated on how rubber particles
could be brought, by chemical means, to near a similar state as cauchuc,
or rubber tree sap. As a result of the accelerated research, the necessary
technology was successfully developed, albeit in the form of small scale
industry.
Financial investor
100% offer of the sale of the right to use the manufacturing process
5 years
Project idea
124
CONTACT
INFORMATION
JÁ-ID Ferrum Kft.
Mr János Juhos
Mobile: +36 30 470 6762
The manufacture of rubber products in Hungary exceeds 150,000 tons. We
can realistically plan that that our manufactured regenerated rubber products, roughly 3.8-4 tons will be used in 10% (or 15,000 tons) of the total
amount.
The manufacturing technology of the basic material, which has plastic qualities, is based on the chemical breakdown of rubber granules measuring
2-4 mm across. The chemically broken down material with plastic qualities
is refrred to as regenerated. Since the chain molecules in the rubber are
connected to each other during vulcanization by sulphur bonds, a spatial
net being created during the process. The breaking down of this structure is
not an easy task because the process is not reversible. The resulting sulphur
net stabilized by the creation of sulphur bonds does not break down along
the sulphur bonds but at other points in the spatial net. The aim of regeneration is precisely the chemical breaking down of this spatial net structure.
Consequently, we obtain a reusable plastic base material, which can be
further employed by the rubber industry.
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RENEWABLE ENERGY
Pellet and Briquette factory
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
GeneralGep Kft.
Renewable energy
Mr Róbert Barát
Mobile: + 36 20 222 4971
Email:
robert.barat@generalgep.hu
Executive summary
FUNDING
REQUIREMENT (EUR)
1 000 000 EUR
We are looking for an investor who is able to partly finance our new pellet
and briquette factory in Hungary. The factory will use base material from
agricultural waste, which is freely available in our region. Our target market
is Germany and the Netherlands. The planned capacity of the factory is
2 t/h for pellets or 1t/h for briquettes. We intend to use machinery which is
capable of using a very wide range of raw materials that can easily change
production from pellet to briquette. Expected yearly production is approx.
10 000 t/year. Expected yearly turnover is minimum 1 000 000 EUR. (work
in three shifts)
Hungary, 6000 Kecskemét
Egyetértés utca 33.
mail: info@generalgep.hu
www.generalgep.hu
Financial investor
Expected investment return 4 years
Start-up company
BUSINESS SUMMARY
Hungary has significant potential for the processing of agricultural waste,
as currently, this waste is not used for any other purposes. In addition there
is significant EU demand for pellets and briquettes. The business plan is
based on sourcing local cheap raw materials and sell the goods into the
premium end of EU market. This market is growing year by year and is a
ready market for pellets and briquettes.
Our product would be pellets produced from wheat straw, corn straw and
sunflower straw or other agricultural waste to EU standards DIN Plus and
ENPlus. Packing as 15 kg bags or big-bags (900 kg).
From financing, the factory will be in production within 4 months. Being part
of the operation from the beginning will ensure full financial transparency for
the investor.
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127
RENEWABLE ENERGY
Various wind-farm projects in Hungary
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Renewable energy
Our portfolio projects are in different developmental stages ensuring continuously new authorized projects, which secure the long term growth requirements of the company.
Executive summary
FUNDING
REQUIREMENT (EUR)
1 000 000 EUR for 2 – 3 years
or 5 000 000 EUR –
– 15 000 000 EUR
for 10 – 12 years
Alerion Hungary Energetics Ltd. was established in 2010 in Budapest,
Hungary in order to produce electricity based on renewable energy. It is
currently developing 11 wind farm projects with the intention to build and
operate them. The 11 different wind farm projects, amounting to 363 MW,
out of which 5 are in the permitting stage (130 MW), and further 6 are in
preparation phase (233 MW).
In the permitting phase each project is operating in a separate Special Purpose Vehicle (SPV) granting flexible entry/exit possibilities for investors.
We offer two kinds of investment opportunities:
• one in our development company in the amount of 1M EUR, for the shortterm (2-3 years) to finance the development of further wind-farm projects
(IRR >70%)
• one in our finished projects, for which we need equity in amounts varying
from 5M EUR to 15M EUR for the long term (10-15 years) in order to build
and operate the permitted wind-farm projects (IRR>16%)
1.5 – 7 years
Alerion Hungary Energetics Ltd.
Mr Levente Csók
Managing director
Mobile: +36 30 232 3093
Email:
Levente.csok@alerionhungaria.hu
We develop wind-farm projects in Hungary. Our products are authorized
projects embedded in SPVs, which possess all the necessary rights, permits,
licenses regarding the construction lands, environment, building and grid connections which are needed in Hungary in order to build wind-farms.
CONTACT
INFORMATION
www.alerionhungaria.hu
Start-up company
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129
RENEWABLE ENERGY
Co-operation with the Hungarian Water Business
Cluster
BUSINESS SUMMARY
CONTACT
INFORMATION
FUNDING
REQUIREMENT (EUR)
1 000 000 – 100 000 000 EUR
depending on actual
project size
The Hungarian Water Business Cluster was established in 2008, its goal
was to conjoin companies from the different areas of the water industry
for a unified appearance abroad. Its advantages are the application of efficient, functional, but affordable technologies, technical compliance and
world-class expertise. Currently there are 13 members. The activities of
the Cluster cover the entire water management segment.
INVESTMENT SUMMARY
Industry
The activities of the Cluster cover the entire water management segment
from planning and construction to operation and monitoring:
Biotech, Renewable energy
Executive summary
The Hungarian Water Business Cluster is open to co-operation in any area
related to the water industry:
• planning, construction and operating of complex water purification
plants
• planning, construction and operating of wastewater treatment plants
• construction and reconstruction of water or sewage networks; planning
• construction, operation of water bottling plants
• Water exploration and drilling of different types of wells
• construction of mobile water purifying equipment
• seawater desalination
• public utility (water and drainage systems) operation/planning/construction/development/reconstruction
• potable water purification/services/water packaging/water treatment
• water bottling
• water loss/network loss treatment, reduction
• communal and industrial wastewater treatment/purification
• planning/realization related to flood prevention
• water exploration/well drilling
Hungarian Water Business
Cluster
Mr Csaba Haranghy
Email:
csaba.haranghy@t-online.hu
Mrs Júlia Hegyiné Szakonyi
Phone: +36 1 951 2743
Email: info@vizipariklaszter.hu
www.waterbusinesscluster.eu
www.vizipariklaszter.hu
The Hungarian Water Business Cluster was established in 2008, its goal
was to conjoin companies from the different areas of the water industry for
a unified appearance abroad. Its advantages are the application of efficient,
functional, but affordable technologies, together with world-class expertise
and technical compliance. Currently there are 13 members. The activities of
the Cluster cover the entire water management segment.
Project Company: Joint Venture partner, Capital increase
Amount 1 000 000 – 100 000 000 Euro in exchange for 0–99% of the company share.
ROI min. 10%
max. 10 years
Project idea
130
131
TOURISM
in Hungary
132
Tourism has developed into a global driver of economic development in recent
years and the European Union remains the world’s most popular destination.
The attractiveness of Eastern Europe has also grown significantly. There are
a large number of sites in Hungary of great interest to European and global tourists.
The significance of the tourism sector is supported by official figures showing that
the industry accounts for 8.5% of Hungary’s total GDP with multiplier effects.
Almost 400,000 people are employed in the sector.
Within the tourism industry, Hungary is gaining territory in the health, conference
and historical subsectors due to the geothermal, geographical and historical resources.
133
TOURISM
Introduction
• The National Tourism Development Strategy (NTDS) (2005-2013) ensures that tourism development is prioritized by the Hungarian government.
• Government bodies and HITA are ready to provide effective support
for tourism investments.
OVERVIEW
The country is blessed with a remarkable range of tourism offers, making it an
important destination for health, historical and conference tourism. Domestic
tourism development represents a further opportunity to develop golf and
hunting tourism, castles and theme parks. At the same time, there are already
a large number of foreign companies present in Hungary, which tends to
inspire confidence in new investors.
• Steady increase in foreign visitor arrivals. Neighbouring countries are
also potential suppliers due the growth of their economies.
• Hungary’s relevance as a tourist destination will increase due to its
favourable geographical features, its security and easily accessible infrastructure.
• Unique geothermal characteristics of Hungary contribute to the growth
of wellness and health tourism. Long traditions and know-how in the
usage of thermal water also attracts foreign tourists.
• Great potential in conference tourism in the regional capitals. Budapest has already grown into a popular MICE destination.
• Growing occupancy rate in the 4* and above category accommodation.
• Six cultural and two natural locations in Hungary have been assigned
World Heritage status. These include the wine region of Tokaj, the city
centres of Budapest and Pécs, the Abbey of Pannonhalma, the traditional village of Hollókő, the national park in Hortobágy, the Fertő lake
landscape and the stalactite caves of Aggtelek. In addition Hungary’s
natural treasures are well protected: 10% of the territory of Hungary is
under environmental protection.
• There is still growth potential in quality accommodation (especially in
the countryside) due to under-development of the sector and a lack of
financial capital.
• Investment projects are available in the field of theme parks, thermal,
golf and casino tourism, and castle renovation, please see the database
of the Hungarian Investment Projects (HIP).
• Competitive wages: less than half of the Western European average
according to Eurostat.
134
The growing importance of the health industry is increasingly noticeable all
over the world and Hungary is in a position to gain from this trend. Thanks
to the country’s highly developed network of thermal and wellness spas,
the thermal and medicinal springs that can be found all over the country are
already an important part of the health tourism industry. Around 80% of
the country’s surface has access to thermal water and favourable geothermal
characteristics, which puts Hungary ahead of its competitors, such as Japan,
Iceland, Italy and France.
Furthermore, Hungary is generating outstanding revenues in the dental tourism sector. The high standard and reasonable price of medical treatments in
Hungary means that visitors can combine an enjoyable city break in Hungary
with a thrifty trip to the medical centre.
Historical tourism includes cultural and world heritage sites, as well as
protecting natural values and national parks, equestrian and village tourism,
gastronomy and wine tourism, and special festivals and events.
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TOURISM
Conference tourism also plays a significant role in Hungary. Based on statistics published by the highly respected International Congress & Convention
Association (ICCA) in 2011, Budapest ranked 11th among the world’s top
conference destinations. The development of strategic destinations is a top
priority both in areas that are yet to maximize their potential and those that
already draw the largest numbers of tourists.
The objective and expected results of the National Tourism Development Strategy (NTDS)
The strategy for the health industry aims first at the optimal and efficient
exploitation of the country’s thermal water and geothermal potential. The
second focus is on organizing a network from the related production and
service sectors. The objective of the health industry’s development is to create
a distinct, national industrial sector emphasizing the positive attributes of the
country. Both human and natural benefits can provide strategic advantages
to exploit. There are a number of strong synergies between the sectors of the
health industry.
Elements of the strategy:
1.
Health tourism
2.
Utilization of geothermal energy
3.
Horticulture
4.
Beauty industry, cosmetics
5.
Mineral water production
6.
Pharmaceuticals industry
7.
Biotechnology, nanotechnology
8.
Medical appliance engineering
9.
Balneology
10. Horizontal aspects – health industry hubs
11. Education related to the health industry
12. Specialized construction industry
This programme intends to provide the Hungarian economy with cutting-edge
developments across diverse fields, emphasizing the uniqueness of the country. It will lay the foundation for job creation, higher incomes and an increase
in the gross domestic product.
ALREADY INVESTED
136
137
TOURISM
Budapestwood Studios Movie Entertainment Park
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
The planned Movie Entertainment Park is an American style movie-themed
multifunctional centre, a combination of commercial and entertainment development including a hotel. A unique attraction in Central Europe and the only
movie-themed park in Europe directly connected to a real, working movie
studio.
FUNDING
REQUIREMENT (EUR)
TOTAL: 354 000 000 EUR
which comprises:
Film Park and Studio City:
274 000 000 EUR
Studio Hotel: 30 000 000 EUR
Further real estate acquisition
of 30 – 40 ha for 50 000 000 EUR
The Park is a must-see attraction comprising of a Film Park (movie themed
rides and shows) and Studio City (unique streetscapes resembling London,
Rome, Paris, New York and Arabic, Mediterranean and other street styles
with shops and restaurants).
The 26 ha site is within Budapest, easily accessible by air, road and public
city transportation. The project provides 1,500-2,000 work places.
The Park would attract 3.5 million visitors per year and the project has been
declared feasible by an internationally respected theme park development
company.
Financial investor
Studio Walk, merchandising and commercial services on site (restaurants,
shops, food courts etc.).
Studio City, due to its unique streetscape design can accommodate shops,
restaurants, street shows etc.
Attractions are to be designed and operated by a specialist US theme park
development company.
Provided there is sufficient demand, a Studio Hotel & Apartments (220 hotel
rooms and 80 medium sized apartments) can also be developed. There are
potential real estate development opportunities on the neighbouring sites of
30-40 ha which will serve as a venue for a new entertainment and tourism
centre for Budapest.
An internationally recognized theme park development company, Total Future Concepts Ltd. (“TFC”) (managed by Peter Alexander, former Director of
Project Management of Walt Disney EPCOT, Vice President of Planning and
Development of Universal Studios and Executive Producer of Six Flags Theme
Parks) has been involved and prepared a detailed, industry standard feasibility
study which declared the project feasible.
CONTACT
INFORMATION
Bpwood Movie Entertainment
Park Limited Liability Company
Ms Ilona Kecskés
Managing Director
of Bpwood Ltd.
Mobile: +36 30 625 3599
Email:
ilona.kecskes@budapestwood.hu
Hungary, 1056 Budapest
Szerb utca 17. 1. em. 17.
Phone/Fax: +36 1 214 0895
www.budapestwood.hu
The execution requires 18 months of planning and preparation (12 months
of theme park and technology design plus 6 months of construction permission and approval processes). Construction and tests require approximately
18 months.
Amount 354 million Euro in exchange for 75% of the company share
ROI 11.5%
Start-up company
BUSINESS SUMMARY
The Park, being next to Europe’s Hollywood style, high-tech film studio in
Hungary, enjoys a central position in Europe and is a main tourist destination.
The Film Park should ensure entertainment and edutainment possibilities for
all ages with interactive attractions including high-tech attractions, 3D and
4D cinemas, IMAX theatres, interactive exhibitions, Kids Park, Youth Park,
138
The opening of Budapestwood Studios Movie Entertainment Park to the public takes place at the end of the third year after signing the financing agreement with the investor(s).
There are two alternatives for investors: (i) become the majority owners of
Bpwood Ltd. or (ii) participate only as real estate investors in the Project.
The Budapestwood Project’s four founders have an extensive track record in
real estate development and arranging and managing project financing, two
of them are owners of the neighbouring Raleigh Filmstudios Budapest, operating as an American Hungarian joint venture. They participated in the technical and business planning and execution of the neighbouring film studio.
Established good working relationship with the local municipalities and led the
process of formulating and seeking approval for the Regulatory Lay-out Plan
for the Land to make it suitable for constructing the Theme Park. They have
a widespread international investment banking background with extensive
experience in project financing, private equity and investment management.
139
TOURISM
Overdose Riding Centre Gyenesdiás
Financial investor
12 years
CONTACT
INFORMATION
Overdose Riding Centre
Gyenesdiás
Mr Zoltán Dancs
Mobile: +36 30 912 6964
Email: dancsmester@t-online.hu
FUNDING
REQUIREMENT (EUR)
BUSINESS SUMMARY
100 000 000 EUR
(I. phase 15 000 000 EUR)
The establishment of the largest riding and horse training centres in Europe
with a mansion for horses and riders, a hotel and race track on an area of
36 hectares in the village of Gyenesdiás at Lake Balaton. At the moment
there are similar events organized in the area, therefore there is a sound
demand for such an activity.
The newly established project facility features parking areas, hotels, veterinary
facilities, a fairground and race-tracks.
The project idea is supported by the local government and there are state
subsidies available for certain project elements
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
The project envisions the establishment of a hotel and race-track in a
region with enormous tourist potentials. Horse-riding and breeding has
a 200 year-old tradition in the area, therefore both traditions and current demand will ensure that the implemented project will attract a large
number of visitors from Hungary and abroad.
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141
TOURISM
Hungarian Garden of Eden
FUNDING
REQUIREMENT (EUR)
Approx. 100 000 000 EUR
(with further investment options)
INVESTMENT SUMMARY
Industry
Tourism
10-15 years
Executive summary
We are planning the establishment of a tourist attraction of international
significance on an ideal area, near Lake Balaton. The planned amusement
park is consists of two parts, one a Zoo park, and the other a historic park
representing the past and traditions of the Carpathian basin.
Project idea
According to our concept, the presentation of equestrian fighting, archery
on horseback, falconry, the palace of Attila, contemporary craftsmanship,
and the life outside of the Roman empire.
We are looking for investors for the development of an area of 170 000 m²
just beside the planned amusement park. Proposed utilisation: hotels, residential park for pensioners.
BUSINESS SUMMARY
CONTACT
INFORMATION
CVF Holding Ltd.
Mr Miklós Kerékgyártó
Email:
miklos.kerekgyarto@gmail.com
www.balatonizoldhid.hu
The area of 1 910 000 m² selected carefully and bought by the entrepreneur
is ideal for the planned investments. In the vicinity of Lake Balaton there are
several thermal baths, such as the internationally famous Hévíz at 50 km,
as well as Zalakaros within 15 km, and the Airport of Sármellék just 30 km.
The M7 railway is nearby connecting Hungary with the Adria sea, as well
as the motorway connecting all neighbouring countries (Poland, the Czech
Republic, Slovakia, Ukraine) with each other and with the sea.
Financial investor
In the case that the conceived Historic Park, nearby Rome, will be realised
then the two parks may complement each other perfectly.
The starting point of the developments is a tourism project that by its realisation in several steps may form a tourist attraction of international significance
near Lake Balaton. The development, which combines entertaining with educational features is in line with the latest tourist trends. The amusement park
consists of two parts:
1. A Zoo park, which shows the exotic animals of Africa and the living world
(flora and fauna) of the Carpathian basin in a natural environment (under
the name of Safari park).
2. An exhibition of geographic, architectural, historic and cultural values of
the Carpathian basin and those given by the Hungarians to the world
(under the name of Hungaricum Park).
The area is suitable for rural type houses, with a maximum of 20% built in
area, with a maximum height of 10 m.
Another 20-30 000 m² area is offered for such purposes as recreation, wellness, and fitness.
On the property the owner is planning to use a further area of several thousand m² for the purpose of religious (including Islam) and cultural exhibitions
to strengthen the tourist attractions. Those organisations which intend to use
it for this purpose can get parcels free of charge. The different developments
can create favourable synergetic effects. (Gypsy and other types of music).
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TOURISM
EDEN THERMAL SPA HOTEL***** & VILLAPARK*****
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Hévíz-Nemesbük Termál Kft.
Tourism
Mr Ferenc Molnár
Email: paramol@t-online.hu
Executive summary
Due to its geological position Hungary is a “power of thermal water”. Based
on the Hévíz thermal water, the partnership of the Semmelweis Medical
University and the location of unique endowments, the professional concept includes a medical and wellness hotel, apartments, conference and
research centre as well as the establishment of a villa park.
FUNDING
REQUIREMENT (EUR)
Financing the project requires an
amount of 85 000 000 EUR
• The thermal water and the medical facilities based on this are acknowledged world-wide.
• The balneotherapy, based on the partnership of the Semmelweis Medical University with its outstanding international reputation, ensures a
guaranteed quality, reputation and credibility.
• We have lawsuit and demand free, unencumbered properties as well as
plans and permissions necessary for a prompt start of the project.
Mr Zsolt Becsey
Mobile: +36 30 229 4333
Email: zsolt.becsey@gmail.com
there is currently no website
Our project is acknowledged and supported by the dominant representatives of the Region, the Department of Health, Water and Tourism.
Strategic investor
Return of the investment is dependent one bank loans and requested
funding 9 –11 years
Start-up company
BUSINESS SUMMARY
The business plan of the project is based on the following key facts below:
• Medicine and wellness is one of the world’s most dynamically growing
branches of tourism.
• We have set the aim to attract clients who recognise the value of the
world-wide known Hévíz thermal water-based medical therapies.
• The recognition of the Hévíz-region is best illustrated by the average annual utilization of 75-80% ensuring a favourable turnover and return.
• Unique balneological and medical background of the project is granted by
the Semmelweis Medical University with their international reputation.
144
Organizing the preparation of the project has been the task of the projectowner Hévíz-Nemesbük Thermal Ltd. implemented in our own power. Wells,
supplying the facilities have been implemented. We have thermal water equivalent with that of the Hévíz-Lake.
The project is located on a 19 ha area. Total developed area is intended to be
~60 000 m2 including:
• 357 rooms (out of this 111 apartments)
• a conference hall for 800 persons
• water surface of ~1900 m2 with 25 medical and wellness pools
• balneotherapy and other requested medical facilities
• medical research basis
• sports facilities and a
• villa park consisting of ~30 units
The EDEN THERMAL SPA HOTEL***** may play a prominent role in the medical
tourism within Central-East Europe.
The competitiveness of the project is supported by the following points:
• Medical care and balneology play an outstanding role in Hungary’s economic development targets. The expected non-refundable supports and
tax benefits may reach 17-20 million EUR.
• The international Hévíz-Balaton Airport is located close to the project site
enabling easy access from more distant countries.
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TOURISM
Premium Health Park and Anna Thermal Hotel
in Kapuvár – Hungary
BUSINESS SUMMARY
CONTACT
INFORMATION
The owner of the project is looking for developer or partner to realize the
project.
FUNDING
REQUIREMENT (EUR)
63 000 000 EUR
INVESTMENT SUMMARY
Our objective on one side is to develop a fantastic and exclusive treatment, called carbonic acid bath which is a unique and special therapy in
Europe (and the only one in the World in some parameters!), and can be
an effective cure option for patients of vascular system disorders. On the
other side, we intend to exploit the value of the 1st class medical water,
found under the town of Kapuvár, using the currently most sophisticated
technologies in order to make the most out of its therapeutic and healing
properties. According to the calculations of the feasibility study, the investment return reaches 11% yearly. The project owner expects the investment
Industry
Tourism
The development concept includes the realization of:
• a five-star hotel
• a four-star hotel
• a thermal bath centre
• a medical bath with special services
• apartment houses with 100 apartments
• sport areas
Through the development we aim to achieve an incomparable health park in
the city of Kapuvár, where in the first stage one four and one five star healthmedical hotel each with 200 rooms with a health-medical bath and medical centre, with a premium category park and outdoor facilities. Within this
stage the infrastructure expansions would be fulfilled (roads, parking lots,
public utilities, etc.). The size of the total area currently available is nearly
32.0 ha, encompassing a Master Plan that has been prepared and unanimously accepted by the Municipal Council. The expected period of realization is 20-24 months concerning facilities that can be built into a turn-key
status.
(Land for Golf course development is available.)
Executive summary
Kaputherm Ltd.
Mr György Sztranyák
Mobile: +36 30 446 6400
Email: kaputank@t-online.hu
Hungary, 9330 Kapuvár,
Széchenyi utca 22.
The local authorities provide full support for the project.
It is likely that European grants will be available, depending on the exact time
period and some other conditions.
11%/year,
return in 9 years
Project idea
Start-up company
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147
TOURISM
Pap-sziget project
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Dr Balázs Török
Deputy Mayor – Mayor’s Office
Mobile: +36 20 549 5549
Phone: +36 26 503 347
Email:
torok.balazs@ph.szentendre.hu
Tourism
Executive summary
FUNDING
REQUIREMENT (EUR)
An attractive thermal tourist project near the capital Budapest, situated
on a beautiful 10-hectare island, Pap-sziget, Szentendre. This beautiful
little town is the pearl of The Danube Bend. The development is based on
50 °C excellent spa quality thermal water, full of valuable minerals and coming from nearly 2000 m depth. The project, which is fully supported by the
local government, includes the following facilities: luxury category thermal
spa hotel, conference centre, marina, wellness centre, thermal pools and
high quality mature park.
50 000 000 EUR
Szentendre, 20 km north of Budapest by Road 11, is a popular destination.
The River Danube nearby, intimate streets of the town centre, art galleries,
restaurants and a wide choice of shops offer a unique experience to visitors.
Financial investor
Estimated payback period is about 6– 8 years
Project idea
Mr János Mészáros
info@pap-sziget.hu
BUSINESS SUMMARY
The aim of the project is to establish a spa bath and thermal hotel built on the
excellent quality, temperature and output of the thermal water in the strata
below the island, to satisfy the needs of locals and tourists alike. The local
government primarily supports the establishment of a thermal hotel, bath
and conference centre, so saving the public park character of the island.
The local government is flexible in managing the range of functions and will
support the investor in carrying out their ideas and concepts. Two forms of
cooperation may be considered: a long-term rental of the local government
owned area ( 49-99 years) or a joint enterprise- the local government enters
with the land and the development
The aim of the project is to complete the existing and widely-known tourist
offer with complex tourist services, built on the thermal water of the 12 acre
island. The project includes development of accommodation, water attractions and fun pools. The high mineral content of the precious thermal water
from 1860- metre depth, its temperature (50 °C) and output is the key to the
success of the investment. The feasibility study is available; on that basis
elaboration of a detailed development plan, licensing plan and construction
plan are required. Preparation of the project – plans, studies, negotiations
– will take about 1.5 years, construction approximately 2 years – by simultaneous building of the hotel and adventure pools. The project can be completed within 3.5 years of setting out.
The 12 hectare island, Papsziget, in the Szentendre branch of the River
Danube is just about “paradise on earth” with its huge trees and untouched
environment. In order to avoid flooding it is necessary to construct an embankment around the territory. This can be carried out utilizing the earth gained
from the construction of a port on the north-west of the island.
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TOURISM
A Complex Health Tourism Development Project
on the Premises of the Komárom (Hungary)
Thermal Spa Centre
INVESTMENT SUMMARY
Industry
Tourism
The spa’s thermal water, together with the related methods of beneficial
health treatment and the apparent achievements represent a unique treasure; they are well suited to lend on the long-term a sound basis for creating and operating internationally competitive health tourism facilities.
Executive summary
FUNDING
REQUIREMENT (EUR)
30 000 000 EUR
The Komárom Thermal Spa Centre embracing a total area of 5.2 hectares
(but expandable up to 12 hectares) has certified grade curative mineral water. The Centre thus has considerable potentials but neither the existing spa
facilities nor the infrastructural background or the availability of services are
sufficient to exploit the opportunities offered by health tourism. At present
there are three roofed and five open-air pools to serve visitors’ demand for
bathing in curative waters, for swimming, and for bathing.
A feasibility study has been completed on a complex development in health
tourism. The study analyses the aspects of financing by evaluating several
comprehensive alternatives of financing and subsidizing, to define the business prospects and the profitability of individual project elements.
CONTACT
INFORMATION
Komárom Municipality
Komárom Thermal Spa Centre
Presently the spa complex gets its water from a well which produces
1200 cu.m water daily, at a temperature of 58°C. The mineral water is certified to have calcium-magnesium-hydrogen carbonates, chlorides, sulphates
and is rich in mineral materials and it is suitable for treating various kinds of
illnesses. There is another well supplying hot mineral water which has an
entirely different composition – 39°C at a rate of 400 litres per minute.
Mr Nándor Tóth
Executive adviser
Mobile: +36 20 527 0689
Email: nandor.toth@komarom.hu
Hungary, 2900 Komárom
Szabadság tér 1.
There is another project in preparation in the city, and as a result a third thermal well will be established. As planned, the water of this system also will
be laid into the spa and this makes it possible to further enrich the range of
services.
www.komthermal.hu
Return on investment: 8-13 years, based on a discount rate of 5%, as well
as both on availability (share of subsidies: 30% or 50%) and on non-availability of subsidized funds.
Project idea
BUSINESS SUMMARY
The central aspect of this investment is the realization of the spa’s development/expansion project. The elements of the Project (Reconstruction of
existing spa facilities, Therapy Centre, Hotel) may only be viable if the spa’s
full-scale renewal at the same time is fulfilled.
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TOURISM
Family Spa & Hotel Scrabantia****
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
A four-star hotel in Sopron with 142 rooms, apartments (all in all 400 beds)
and connecting developments.
FUNDING
REQUIREMENT (EUR)
30 000 000 EUR
(value of start-up company:
6 500 000 EUR)
CONTACT
INFORMATION
MH SCARBANTIA HOTEL KFT
Dr János Piskolti
Mobile: +36 20 921 0997
Email:
dotenergo1@dotenergo.hu
Spa (400 person 900 m2 water surface), wellness (450 m2), conference
room (150 pers.), multifunctional room (2000 m2, 500 pers.) garage (262
cars), courtyards with garden (3700 m2), roof garden (600 m2), total building
space: 31,400 m2.
Potential start: 2013 1stQ, opening: 2015 1stQ
9-12 years
Project idea
BUSINESS SUMMARY
• participation in finance, construction, management, operation, FM, or
• sale of the complete project (Project company)
Investment potential in tourism, entertainment and culture in Sopron and
region, unique situation in the historical city, on the border of Austria, 12 km
from Lake Fertő, 40 km from Vienna, 90 km from Bratislava, 120 km from
the thermal lake at Hévíz
Construction, (management, operation, FM)
Energy supply
Final building permit
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TOURISM
Gerohostel Health Tourism Park, Vilmos Park,
Csorna
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
The planned Vilmos Park Health and Tourist Centre of Csorna is a potentially successful and innovative idea, it brings employment and tax revenue
to the area, and has the full support of the town, as a result of which, it
is an entirely economically viable proposition. We believe that it will give
a competitive edge to the local government, the investors and the operators.
Executive summary
FUNDING
REQUIREMENT (EUR)
27 000 000 EUR
(+15 000 000 EUR
for the sports centre)
Creating a health tourism centre that is based on the healing waters of
Csorna. It will include complex services and be the main attraction of the
area; in addition, it will be among the top ten facilities of the country.
Planned facilities:
• wellness and health tourism centre
• swimming pools
• hotel
• specialised accommodation for retired guests (gerohostel)
• sports fields, sports centre
Strategic investor
The project area is about 18 hectares, near the centre of the town.
The Local Government has approved the relevant permissions:
• building permit for the landscaping
• licensed plans for traffic roads and parking spaces
(expiry of the validity period of the building permit)
• building permit for rainwater disposal and scenic lakes
• building permit for sinking the thermal water well
Depending on the negotiation
In 2012, a sport fields was built next to the area.
The thermal water is rich in minerals and is unique due to the high salinity.
The thermal waters of Csorna and their healing properties are considered to
be ideal for rheumatic conditions, joint problems and gynaecological complaints.
Depending on the project
CONTACT
INFORMATION
Csorna Town Local Government
Dr György Turi
Mayor
Head of the Local Government
of Csorna
Phone: +36 96 590 100
Fax: 36 96 261 680
Email: polgarmester@csorna.hu
www.csorna.hu
Project idea
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TOURISM
Veszprém Airport
INVESTMENT SUMMARY
Industry
Tourism
CONTACT
INFORMATION
The complex development plan is required as well as the feasibility study for
the facility development plan.
The Municipality of Veszprém
Town of County Rank
BUSINESS SUMMARY
Executive summary
Veszprém Airport is a former military base that is a brownfield area of 440 ha.
The airport is located 5 km from the town of Veszprém, a city of 60 000
habitants and operated by a private company. The airport is located next to
an industrial zone, which is additional 100 ha, partly owned by the municipality.
FUNDING
REQUIREMENT (EUR)
24 000 000 EUR
Within this investment, 678 941 m² land is available for sale with the following characteristics:
• Zoning: GKSZ 18-19, Economic-Commercial Service Zone:
• Built in ratio: 45%
• Minimum green area: 30%
• Maximum building height: 16 m
The Municipality of Veszprém Town of County Rank provides coordination
and services for fulfilling the administrational obligations regarding the siteacquisition, planning and permitting procedures, and all other legal obligations on the part of the investor. In relation to the building process we can
assure you that all the public utilities can be completed within 1 year (with
planning and permits), and all infrastructure can be available on the spot
to suit your requirements. The gas and electricity supplier can include the
investment costs of the utility in the operating costs, so that the prior investment would be paid back to you.
Mr Tamás Józsa
Mobile: +36 30 239 8861
Email: tjozsa@gov.veszprem.hu
www.veszprem.hu
Our site is classified for industrial utilization; there are no nature conservation
restrictions and no obligation for archaeological excavations on the land.
Financial investor
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TOURISM
Hotel Karos Spa
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
Annual average capacity utilization: 65%, average revenue per room:
24 000 HUF, ca. 85 EUR. It has started to recover from the economic
crisis. In the next 5 years, a 2-3% increase can be expected in the capacity
utilization factor, and 3-5 EUR growth in the average rate per room. It will
make 6-9% higher turnover per year. In the last few years the rationalization of the cost management took place, so the GOP grew from 23.7% to
31% in 5 years.
Executive summary
Opened: 2004
Site area: 35 600 m2
Ground area of the hotel: 3 500 m2
FUNDING
REQUIREMENT (EUR)
22 000 000 EUR
Facilities: 221 bedrooms, 300 seat restaurant, 60 seat bar, conference hall
for 300 persons and 3 sectioned rooms, therapy and wellness department
on 4 000 m2, pool area with 850 m2 water surface: 1 thermal pool, 4 additional indoor and 2 outdoor pools, hotel owned thermal spring: 50°C from
900 m depth, parking space and garage for 280 cars. The hotel situated in
the 3rd largest spa town of Hungary, in Zalakaros- 35 km from the world
famous Heviz and from the biggest lake in Europe, Lake Balaton. Fly Balaton airport is 20 km far away, Budapest is to be reached within 1.5 hours
on a direct motorway link. Clients: in the high season 80% domestic, 20%
foreign, in the off-peak season 60% domestic, 40% foreign customers.
Raising the number of the clients is possible with greater activity in the
foreign markets to get potential customers and by holding the strong domestic family segment. The excellent conference capacity of the hotel also
has further significant potential.
CONTACT
INFORMATION
Karoinvest Zrt.
Mr István Huszti
Mobile: +36 20 934 9058
Email: tanacsadod@t-online.hu
Mr Botond Üsztöke
General Manager
Mobile: +36 30 822 1717
Email:
botond.usztoke@karos-spa.hu
www.karos-spa.hu
The hotel situated in the popular spa town, which is famous for its unique
thermal water and is developing dynamically.
In the town and in the area the hotel is the largest four-star superior house.
In Hungary, the hotel is well known, having developed its well recognizable
brand.
The hotel is famous for its family friendly facilities of the highest standards,
which makes domestic young families the primary target group during the
high season of the school holidays. In addition, it has succeeded in significantly increasing the number of foreign customers lately- thanks to the
wide range of therapy facilities and to the increasingly more popular family
centred character of foreign guests.
15 years
158
The majority of foreign clients come from the following countries: Germany,
Austria, Czech Republic, Poland.
159
TOURISM
Theil Medical Tourism and Nursing Institution
CONTACT
INFORMATION
BUSINESS SUMMARY
The project, beyond the nursing department, owns an equipped operating room with plastic surgery and dentistry capabilities, and rehabilitation
centres including a medical department. Its target group due to the airport
located 15 kilometres away and the proximity of the Austrian border provides a broad base of Western European customers who need medical
treatment and medical rehabilitation, and can be treated within discrete
circumstances.
FUNDING
REQUIREMENT (EUR)
The property has licensed the right for a cold water facility, which is, based
on the water quality geodetic studies potentially the same quality as the
popular Coca-Cola mineral water, Naturaquva. This would provide the
supply for the water bottling plant.
21 500 000 EUR
THEIL Zrt.
(Will be formed in case
of investor demand)
Mr Gábor Párkányi
Mobile: +36 20 371 8885
Email: parka@upcmail.hu
Ms Réka Lévai
Mobile: +36 70 612 7239
Email: rekaskm@hotmail.com
INVESTMENT SUMMARY
Services: health and medical tourism, specialist medical care, 24 hour
nursing care, dentistry, plastic surgery, spa, thermal bath, physiotherapy,
balneotherapy, hydrotherapy, rehabilitation,
Industry
Tourism
Industrial sectors: mineral water bottling plant.
Executive summary
The project includes the establishment of four medical tourism, recreation
centres and nursing institutions, with the establishment of a thermal spa
and a mineral water bottling plant located in three regions (Budapest, lake
Balaton, the largest lake in Central Europe and the Europe famous spa
next to Zalakaros). A key aim of the investment is the maximum achievable
expansion of the buildings where it is feasible and in a way, which results in
minimizing operating costs. Thus, the primary technical aspect is that the
solar and geo-art technology assists the institutions to be trouble-free, environmentally friendly and inexpensive to operate. The maximum number of
patients at any one time is 586 people; the new staff who will be employed
is estimated at 201 people.
Financial investor
51% shares of the capital and interest in respect redemption, 8 years
Area m2
Building m2
Medical centre
of Siófok I.
9202
4200
2 500 000
2 800 000
Medical centre
of Siófok II.
4000
1900
2 300 000
2 800 000
Medical centre,
spa and mineral
water bottling
plant of
Garabonc
16542
-
1 800 000
7 900 000
Medical centre
of Délegyháza
7080
1300
1 100 000
300 000
37080
8550
7 700 000
13 900 000
Location
Total:
Total:
2013
2014
2015
2016
2017
2018
2019
2020
19%
16%
10%
11%
12%
15%
17%
19%
Property
Renovation,
purchase price construction
+ commission
cost
21 500 000 €
Capital payback period: 3.9 years
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161
TOURISM
Zalaszentmárton Thermal and Medical Resort
INVESTMENT SUMMARY
CONTACT
INFORMATION
Industry
Tourism
Zalaszentmárton Thermal
and Medical Resort
Executive summary
The project envisions the establishment of a Thermal and Medical resort in
a small village in an idyllic and peaceful surrounding. The project area has a
thermal spring and there is a concession to exploit it. Alongside the resort,
there will additional facilities, such as restaurants and bars. The resort will
also feature youth entertainment facilities.
FUNDING
REQUIREMENT (EUR)
21 000 000 EUR
Mr Zoltán Dancs
Mobile: +36 30 912 6964
Financial investor
9 years
BUSINESS SUMMARY
The establishment of a 150 room hotel, a hospital and asylum for the treatment of motoric illnesses in an idyllic small village in a medical region with
several spas Hévíz – Bük – Sárvár – Zalakaros – Kehidakustány. This facility
will have a special focus on the young. Furthermore there is cooperation
with one of the most famous Hungarian medical facilities to provide expertise and equipment for the treatment of different illnesses.
Establishment of a 100 room hotel, with services for the medical treatment
of motoric illnesses.
The local government supports the project idea, both the area and the project
is owned by a private individual. Furthermore, there are state subsidies available for certain project elements.
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TOURISM
Wellness and Conference Hotel Mórahalom
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
The Local Government of Mórahalom is a fully independent business
authority. Its functions are preparation and implementation of the operational works of the local government and also the policy decisions of state.
It is responsible for preparing and implementing the decisions of the representative body and its committees in the fields of economics, education,
culture, health and social policy, sport, regional policy and community care.
According to the articles of association its basic activity is administrative
activities of the municipality and also the spa and strand services.
Executive summary
Mórahalom is located only 20 km from Szeged (regional centre) and only
12 km from the western-exit of the M5 motorway, along main road nr. 55.
Thermal water is the most significant tourist attraction among the treasures
of the region, in this way health tourism is the most important part of its tourism and which also has the greatest development potential.
FUNDING
REQUIREMENT (EUR)
Total costs of the
Wellness and Conference
Hotel is between
12 000 000 – 18 000 000 EUR
Development of the thermal water heating circulation is completed. All of the
ongoing investments can be joined to it.
Exhibition model farm houses have been built: residential, farmer, and public
houses.
We are looking for investors to build a four-star wellness and conference
hotel with 100-200 rooms in the above mentioned investment area.
Not relevant
The Local Government of Mórahalom is managing in priority the investments
in the field of tourism. The four-star Saint Elizabeth Spa is in the property of
the local government and it has an outstanding position in the tourism of the
region.
CONTACT
INFORMATION
Local Government
of Mórahalom
Mr Zoltán Nógrádi
Mayor
Phone: +36 62 281 022
Email: nogradi@morahalom.hu
Ms Beáta Árokszállási
Phone: +36 62 660 710
Mobile: +36 70 374 7224
Email: beata@morahalom.hu
Hungary, 6782 Mórahalom,
Millenniumi sétány 2.
www.morahalom.hu
Financial investor
Project idea
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TOURISM
Nagyatád “Mándl” Castle Hotel & Training Centre
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
FUNDING
REQUIREMENT (EUR)
12 000 000 EUR
Within the framework of the project, a four-star hotel complex will be built
which has an own wellness department. It will include a room large enough
for conference tourism and rooms suited for the organization of smaller
training groups. The project owner company has the valid construction permit that enables the company (i) to renovate the old castle, (ii) to build two
atrium houses (2x35 rooms), (iii) to build a spa with wellness section and (iv)
to build a restaurant with a bar.
After finishing the project, the Castle Hotel & Training Centre will provide the
following services: Castle Tourism: for those with keen interests in cultural
heritage and in ancient cultures; Training Tourism: business events, two
or more day training options; Game Tourism: for hunters visiting this wildlife rich micro-region; Week-end Tourism: wellness and leisure services;
Event Tourism: weddings, balls, exclusive business events.
CONTACT
INFORMATION
Hacienda Ingatlanfejlesztő,
Ingatlanforgalmazó
és Ingatlanközvetítő Kft.
An approximately 7.5 ha plot next to the castle area is owned by the local
municipality, who is willing to sell it, so the project can be further developed to
a hotel with 300-350 rooms, if needed.
Dr Attila Molnár
Phone: +36 1 430 3870
Email:
amolnar@budapesti5000.hu
Financial investor
10 years
Start-up company
BUSINESS SUMMARY
The Nagyatád “Mándl” Castle Hotel & Training Centre project provides the
possibility to establish a hotel complex with different functions (that also
work separately and irrespective of each other) with low investment costs.
The project has the support of the local municipality.
The castle is situated close to the city, but in an amazing environment,
with excellent facilities which usually cannot be reached from one location
(golf course in the neighbourhood, excellent hunting, fishing and tourist
possibilities; a number of near-natural activities).
The overall building work, which consists of the new and also the restructuring work, will result in the development of about 7600 m2 of useful space
(castle: 1600 m2, spa and wellness section: 760 m2, atrium houses: 2924 m2,
other buildings (meditation house, music pavilion, outdoor pool, parking
spaces etc.: 2310 m2)).
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TOURISM
Soho Boutique Hotel for sale
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
The hotel has over 73% yearly occupancy.
Sales & Marketing: The hotel accommodates, mostly FIT clients, 75% of
the total room nights are booked through online channels, 10% are by traditional travel agencies, 5% are taken by corporate guests, 10% are direct
bookings. On the online guest evaluation sites, the hotel has a rating of
4.2-4.5 on a 5 points scale.
Executive summary
FUNDING
REQUIREMENT (EUR)
12 000 000 EUR
The SOHO BOUTIQUE HOTEL**** is located in the heart of the city in the middle
of colourful and teeming Budapest. The hotel meets every need of style and
elegance in the vicinity of the city’s pulsing cultural scene, entertainment
and nightlife. The famous historical sights, the river Danube, Váci street,
the Synagogue, the Budapest Broadway, the best restaurants, theatres and
concerts are all located nearby, all easily accessed thanks to the excellent
traffic network and public transport in the area.
Strategic investor
Property: Soho Boutique Hotel, Classification: 4 stars, Total room number: 74, Grand Opening: 2008, fourth quarter
CONTACT
INFORMATION
Soho Hotel Kft.
Mr Csongor Veress
Mobile: +36 30 507 1971
Email: csongorv@freemail.hu
Dohány utca 66. 3/15.
www.sohoboutiquehotel.com
Operations: The hotel has 10 employees, the Food & Beverage and Housekeeping departments are outsourced.
Accommodation: The hotel has 68 standard rooms, which are equipped
with (shower, air conditioning, free of charge internet, non-allergy set up)
various extras to provide the greatest comfort. There are six Soho Junior
Suites that welcome guests with bath tubs or showers, spacious rooms and
extra equipment, and can accommodate even 3 or 4 people.
15 years
Conference facilities: The total capacity is between 50-70 people. It is
equipped with natural lighting (partly), air-conditioning and the required
audio-visual technology to offer a perfect venue for conferences and business meetings. The hotel provides a unique ambience for coffee breaks,
business lunches, cocktail parties and standing receptions.
Meeting room: It is suitable for holding smaller meetings, get-togethers,
or events.
Restaurant: Soho 64 Restaurant is located on the grand floor and it serves
breakfast from 7-10 AM.
Bar: Soho Lounge located in the lobby with a wide range of drink specialties.
Hotel Services: 24-hour reception, Air conditioning, Non-smoking area,
Underground parking, Room service,
Room Amenities: Minibar, individually adjustable air-conditioning, safe,
satellite TV channels, soundproof windows, hairdryer
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TOURISM
Luxury apartment houses in the Thermal village
of Mórahalom
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
The Local Government of Mórahalom is a fully independent business
authority. Its functions are preparation and implementation of the operational works of the local government and also the policy decisions of state.
It is responsible for preparing and implementing the decisions of the representative body and its committees in the fields of economics, education,
culture, health and social policy, sport, regional policy and community care.
According to the articles of association its basic activity is administrative
activities of the municipality and also the spa and strand services.
Executive summary
FUNDING
REQUIREMENT (EUR)
Total costs of the
apartment houses are
11 600 000 EUR
Mórahalom is located only 20 km from Szeged (regional centre) and only
12 km from the western-exit of the M5 motorway, along main road nr. 55.
Thermal water is the most significant tourist attraction among the treasures
of the region, in this way health tourism is the most important part of its tourism and which also has the greatest development potential.
Development of the thermal water heating circulation is completed. All of the
ongoing investments can be joined to it.
Exhibition model farm houses have been built: residential, farmer, and public
houses.
We are looking for investors to build luxury apartment houses with 80 parcels of land and buildings in the above mentioned investment area.
Not relevant
in the field of tourism. The four-star Saint Elizabeth Spa is the property of
the local government and it has an outstanding position in the tourism of
the region.
CONTACT
INFORMATION
Local Government
of Mórahalom
Mayor
Phone: +36 62 281 022
Phone: +36 62 660 710
Mobile: +36 70 374 7224
www.morahalom.hu
Financial investor
Project idea
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171
TOURISM
Hotel Arboretum Leisure Centre Debrecen
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
The hotel offers 206 rooms, includes 60 apartments in 6 separated buildings, and for luxurious needs, a presidential suite. Considering the planned
four-star category of the hotel, an exclusive wellness unit will be created
within the building. The wellness services offered by the aqua park basically
serve the entertaining of the guests of the hotel. The medicinal water-bath
with internal and external and with swimming, pleasure and spa pools, will
be the part of the wellness unit. In the internal pools, besides the Jacuzzi,
massaging and twinning corridor, a swimming pool and pleasure pool can
be found. In the exterior part an orb-waterfall and zodiac-bench makes
the adventure in the water all the more varied. A part of the spa services
– such as dermatological and physiotherapeutic – is based on the qualified
medicinal water named ARBO AQUA that was found in the area.
Executive summary
Comprises a four-star superior hotel and leisure centre in 28 hectares near
to Debrecen on Hungary’s Northern Great Plain
FUNDING
REQUIREMENT (EUR)
10 000 000 – 42 000 000 EUR
Arbo Invest Co. Ltd. has created the realization of an outstanding and unique
tourism destination with an international airport and motorway access near
Debrecen.
Debrecen, the second biggest city of Hungary is situated in the Eastern part
of the country, in the region of the Northern Great Plain. The location of the
planned Hotel Arboretum and Leisure Park development is situated 7 kilometres from the city centre, to the East, in one of the most famous excursion
centres of the inhabitants of Debrecen. It is next to the lakes of Fancsika, in
a 28 hectare green neighbourhood and arboretum. The territory is accessible on a forest asphalted road called “Panorama Road”.
Amount of 10 000 000 Euro in exchange for 51% of the company share
19 years
Project idea
Inside the complex a programme and conference room suitable for receiving 700 people is provided with a modern technical background, and is
located hotel. Owing to the stepped disposition of the room it can be the
scene of principally sport and social events, acoustic concerts, congresses,
conferences and large company programmes. Besides the banqueting hall,
13 further smaller sections will be established, some of which can be joined
together. The architectural establishment of the programme centre makes
it possible that they could be totally severable from the hotel section. In
the building of the hotel, a live and electronic casino will also be created
on nearly 1000square meters providing entertainment possibilities for 150
guests at the same time.
CONTACT
INFORMATION
Arbo Invest Co. Ltd.
Mr Levente Nagy
Project Manager
Phone: +36 52 531 848
Fax: +36 52 531 849
Email:
nagy.levente@hotelarboretum.com
Hungary, 4030 Debrecen,
Vikár Béla utca 4-6.
www.hotelarboretum.com
www.arboinvest.hu
203 Hotel Rooms; 60 Apartments; 700 Seats Conference Hall; Aqua Park;
Medical Spa; Medical Thermal water “Arbo Aqua”; Sport Complex; 7 ha Golf
Course; Live Casino.
In the building of the aqua park but in the area of the bath two larger a la carte
restaurants can be found. Hajdú Restaurant, which is 190 square metres
and capable of receiving 136 people, is extended with a terrace in summer
and will be characterized by the flavour of traditional, local Hungarian cuisine.
Whilst in the cellar, the 400 square metre Corvin restaurant capable of receiving 150 people at the same time will be characterized by the foods of the
Mátyás-period.
Geothermal energy utilization, using “Green Energy”; Connection with own
Rural Horse Ranch in 18 hectares
172
173
TOURISM
BARCIKA PLAZA
CONTACT
INFORMATION
Barcika Komplex Kft.
Mr Zoltán Pethő
Mobile: +36 30 648 6146
Email: info@barcikaplaza.hu
www.barcikaplaza.hu
FUNDING
REQUIREMENT (EUR)
8 051 000 EUR
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
Barcika Plaza is to be developed in the city centre with a wide range of
services that are currently not available in the town.
Executive summary
The Barcika Plaza is to be developed in Kazincbarcika (Hungary). The project
has had a legally binding building permit since spring of 2010 (under reg.
number of 291-3/2010/Éphat) and some elements of construction have already been started.
The project is appropriate, based on comparative plaza sourced data, with
the project evaluation performed by a professional valuation of the property
dealing company, Colliers International. Based on Colliers International’s
evaluation, the Gross Development Value of the project at opening of the
plaza equals to EUR 11 415 387.
10 years
Barcika Plaza is to be an entertainment and shopping centre with the following planned services:
• four room cinema, with digital sound and 3D projection
• bowling alley with four tracks
• casino, amusement arcade
• food & drink venue, fast food restaurants, coffee shops
• pharmacy, post office, bank, exchange, travel agency, tote and lottery
store
• playroom for children
• repair store, service station, dry cleaning
• stage for programmes and events
• offices with conference rooms, separated entrance
• nearly 60 retail stores
• outdoor parking lot
Start-up company
In respect of project planning and preparation, we currently have 43.4%
pre-sales in respect of the leased area through our own company, which
accounts for 37.9% of rental fees.
Detailed financial calculations of the project (financing, return, business
plan, balance sheet plan) are available and summary business figures of the
project are attached to this introductory documentation.
Financial investor
Loan
174
The 11 400 m2 Barcika Plaza comprises almost 7 400 m2 services and
sales area. For the comfort of customers and tenants, a more than 400 car
new parking lot will be formed around the building.
In order to continuously maintain the profitability of the Plaza at an appropriate price level, we contracted with the Jones Lang LaSalle company,
who is Central and Eastern Europe’s leading retail consulting and introducing company.
175
TOURISM
Keszthely Beer House
INVESTMENT SUMMARY
CONTACT
INFORMATION
Industry
Tourism
FUNDING
REQUIREMENT (EUR)
8 000 000 EUR
Vencel Udvar Ltd.
Executive summary
Mr Tamás Koronczay
The project encompasses the restoration of a former brewery into a new,
modern trading and housing facility in the town of Keszthely, an area famous
for tourism. As the town has excellent infrastructure conditions (vicinity of a
motorway and airport) both Hungarian and foreign tourists will likely visit the
newly established facility.
Mr Zoltán Dancs
Mobile: +36 30 912 6964
10 years
BUSINESS SUMMARY
The project a site is in the town of Keszhely, which is the main tourist
centre around Lake Balaton. The project envisions the establishment of a
shopping centre with 15 shops (beer house accommodation facility, shopping courtyard, artists’ gallery) in a bazaar-style on an area of 0.4 hectares.
The basis of the development is the 200 year old beer house with 1000 m2
of cellar below it, which will be restored as a first step.
A demonstration brewery offering 20 different kinds of beer, a beer museum
presenting the history of beer brewing in the area, restaurant with a capacity
of 500 people, 15 shops for commercial use, artists’ gallery.
The project idea is supported by the local government with additional state
subsidies available for certain project elements.
176
177
TOURISM
Sármellék Airport
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
Sármellék airport, a former military airport, now operating as an international airport with cargo and passenger capacities. Its main focus is Germany with several flight connections. The adjacent 5.5 hectare area is ideal
for the establishment of an industrial park, harbouring buildings which can
be used for airplane maintenance, storage purposes or food processing.
It is especially the latter which would meet existing demands and needs.
Executive summary
The project focuses on the establishment of five storage facilities next to
the Sármellék airport. They could immediately be rented for airplane maintenance, foodstuff storage or general storage purposes. The airport has
recently been restored, therefore there is a great demand for available facilities.
FUNDING
REQUIREMENT (EUR)
7 000 000 EUR
Kanizsa Terra Ltd.
Mr Gábor Szányi
Mobile: +36 70 613 5789
Email: gabor@nagykanizsa.hu
www.ipls.hu www.dzlk.hu
Financial investor
Buildings available for airplane maintenance, foodstuffs cooling and storage,
potato processing and mixed storage purposes, which can be made available for rental immediately.
The owner operates several industrial parks and the project is supported
by the local government, furthermore, there are state subsidies available for
certain project elements.
CONTACT
INFORMATION
7 years
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179
TOURISM
Vital Gold Hotel and Spa****
INVESTMENT SUMMARY
Industry
Tourism
FUNDING
REQUIREMENT (EUR)
Szigetköz Üdülőpark Ltd.
Executive summary
11 years
Szigetköz Üdülőpark Ltd. would like to build a 4-star holiday resort of
a European standard with a 200-room wellness hotel & bath centre, lake
system, campsite and apartments on 50 hectares of owned land.
The land is situated at Ásványráró in Hungary which is next to the M1 motorway, 8 km far from the Lébény exit, with Vienna 95 km, Budapest 130 km
and Bratislava only 40 km away.
CONTACT
INFORMATION
Start-up company
BUSINESS SUMMARY
Mr Pál Domsich
Managing Director
Mobile: +36 30 298 8498
Email: baznai@kabelnet.hu
Hungary, 9200 Mosonmagyaróvár
Kolbai Károly utca 10.
5 000 000 EUR
The existing detailed landscaping plan creates the basis to develop the architectural plans. The relevant feasibility study is also ready.
According to the existing preliminary water-rights certificate, a thermal well
with a depth of 1,300 metres can be planned.
The owners would like to sell the whole company together with the holiday
resort project.
180
The project’s geographical location is excellent as it can be found in the
golden triangle of Budapest/Hungary–Bratislava/Slovakia– Vienna/Austria.
Thanks to its ideal logistics and locality, there are three airports (ViennaSchwechat, Bratislava, Pér) in the neighbourhood, the E65 motorway and
Győr, one of the most rapidly developing cities of Hungary are also very
close. The need for readily accessed, high-quality wellness and business
centres in the triangle of the three capitals is growing dynamically. Due to
the nearby airports other ready markets such as Russia or the Scandinavian states can be reached.
The land with the holiday resort has full planning permission, the architectural plans and project can be started immediately.
181
TOURISM
The sale of the Piarist Friary
Financial investor
CONTACT
INFORMATION
The Local Authority of Tata
For sale
BUSINESS SUMMARY
Mr Zsolt Bakos
Asset management administrator
Mobile: +36 34 588 659
Email: vagyongazd@tata.hu
The property has number of unique aspects, including an own view to the
Old lake and the city, with the property being in the heart of the historical
city centre. The buyer will be the owner of the most beautiful building in
Tata, with the potential to develop the Piarist Friary into a wellness and
conference hotel or a voluntary hospital. The new owner by these capabilities can build an individual hotel.
FUNDING
REQUIREMENT (EUR)
The purchase price
of the Piarist Friary
3 700 000 EUR
Hungary, 2890 Tata,
Kossuth tér 1.
www.tata.hu/onkormanyzat/
uvegzseb/palyazat/8143
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
The Local Authority of Tata announces an open competition for the utilization with function change of the former Piarist Friary, which is a protected
of monument. The Applicant has to undertake a minimum of the following
four criteria: 1. tourism-hospitality, 2. medicine, 3. education, 4. cultural aim,
when fulfilling the project
The size of the property is 10 4278 m2. The size of the building is 5 087 m2.
The building has 50 rooms. The property is in the city centre, and by the
building is the castle and the Old lake.
182
183
TOURISM
Freedom project
INVESTMENT SUMMARY
BUSINESS SUMMARY
Industry
Tourism
The hotel is a privately owned member of an international hotel chain with
32 rooms (6 single, 8 double, 13 twin, 2 triple, 3 apartments), with the
capacity of 60 guests together with a fully equipped conference room.
The hotel was fully renovated in 2008, also having its own restaurant,
breakfast hall, sauna and fitness room. Thanks to its excellent location the
annual occupancy is about 75-80%. The hotel has contracts with three
companies who are arranging health tourism guests from the Scandinavian region.
Executive summary
This project concerns the sale of one of Budapest’s nicest three star superior hotels. The location of the hotel is completely central, in the historic city
centre, close to the Parliament, Great Market Hall, and several historic baths
and private clinics.
FUNDING
REQUIREMENT (EUR)
3 600 000 EUR
Budapest is a very popular destination, top ten ranked in the Global Shopper City Index from 33 European cities, and is also very popular among
health tourism guests from all over Europe.
Financial investor
CONTACT
INFORMATION
Speedcarve Ltd.
Mobile: +36 30 511 2550
Email:
speedcarve.hu
The hotel is managed by a professional team. Project Company’s share
purchase agreement. The current investment loan of the project company
could be taken over by the buyer, or the seller will close it down from the
purchase price. The hotel is owned by a project company. The owners are
financial investors with a planned exit schedule. 32 rooms hotel (***+) investment.
10 years
Exit
184
185
TOURISM
Renovation of Rehabilitation Center/Spa Hotel
at Mórahalom
CONTACT
INFORMATION
INVESTMENT SUMMARY
Industry
Local Government
of Mórahalom
Tourism
Executive summary
FUNDING
REQUIREMENT (EUR)
Total costs of the
renovation of the building are
1 800 000 EUR
Mayor
Phone: +36 62 281 022
The renovation and reconstruction of the Mayor’s Office building which is
located between the four-star Saint Elizabeth Spa and the four-star Colosseum Hotel, to develop a 33-room spa hotel with the related management
and service rooms, together with the development of health services.
Phone: +36 62 660 710
Mobile: +36 70 374 7224
Financial investor
Amount 1 620 000 Euro in exchange for 90% of the company share.
9 –10 year
www.morahalom.hu
Project idea
BUSINESS SUMMARY
The Local Government of Mórahalom is an independent business authority.
Its functions are preparation and implementation of the operational works
of the local government and also the policy decisions of state. Preparation of decisions and implementation of the decisions of the representative
body and its committees in the fields of economics, education, culture,
health and social policy, sport, regional policy and community care fall
within its remit. According to the articles of association its basic activity
is administrative activities of the municipality and also the spa and strand
services.
in the field of tourism. The four-star Saint Eizabeth Spa is in the property of
the local government and it has an outstanding position in the tourism of the
region.
186
187
TOURISM
Extending quality healthcare services
in the BEST WESTERN Pannonia Hotel
INVESTMENT SUMMARY
CONTACT
INFORMATION
Industry
Tourism
DENTAL-PANNONIA Zrt.
(Joint Stock Company)
Executive summary
FUNDING
REQUIREMENT (EUR)
1 000 000 EUR
Starting in 2011 we extended the Hotel with new rooms and will invest in
new wellness facilities. Next year we plan to develop our healthcare services arm. We intend to hire new doctors, broaden our services and set up
a world-wide campaign to reach out for patients currently not aware of the
competitive quality service.
Dr Pál Szilágyi
PhD, LLM; Director
Mobile: +36 20 366 6290
Email:
szilagyipal@dentalpannonia.com
Financial investor
www.hotelpannonia.com
www.dentalpannonia.com
Share the benefits of the cooperation
ROI will be based on the actual form of cooperation
BUSINESS SUMMARY
Our business is the oldest in Sopron in two ways. Our Hotel is both the
oldest and most established Hotel in Sopron. Our dental clinic was founded as one of the first ones and we have a client base which is unparalleled in Sopron and the region. The patients come from all over the world,
however currently the main group are the German speaking countries.
We intend to increase the number of clients from other regions.
At this time we provide Hotel services with a wellness area in the City of
Sopron. In the healthcare arm we provide all aspects of dental treatments
and will expand our business.
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TOURISM
ALMALOMB - Mill restoration for exclusive eco-hotel
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
FUNDING
REQUIREMENT (EUR)
828 000 EUR
We are a start-up with the dream of providing the smartest green tourism
experience in Hungary, in a 19th century water mill in Hosszúhetény, near
Pécs. The mill will have a small hotel and restaurant surrounded by a land-art
garden with connected services, focusing on wellness, local products and
culture. The target group will be foreign and domestic visitors with above
average income, as well as private and corporate events. Total investment:
€ 1 207 000, from which own cash: € 207 000, EU subsidy: € 172 000
– not yet utilized. EU subsidy application to the value of € 600,000 is in
progress.
Financial investor
8 years
CONTACT
INFORMATION
Sakia Ltd.
Ms Rita Ásványi
Phone: +372 53 988 080
Email:
rita.asvanyi@asvanyi-plci.com
Start-up company
BUSINESS SUMMARY
Our venture will be unique in a 50 km radius as a result of its ecological
standards, a contemporary austere design interwoven with the authentic
industrial mill structure, and the completeness of services. The aim is to
create an exclusive standard in a casual setting providing a niche for visitors with a need for high quality services without the circumstantiality of
luxury. Our services enhance each other as well being flexible enough to
meet the market needs. We aim to be the 1st rural Bib Gourmand restaurant in Hungary. Our apple cider production can be developed into a
whole-sale business as a flagship of other gourmet products under our
own brand. Provided that the enterprise is lucrative there are expansion
possibilities on our neighbouring properties as well as by buying further
plots around the mill.
The core attraction is the restaurant in the restored mill, where we also
have conferencing rooms for company and cultural events. The hotel has
1 honeymoon suite and 3 double rooms with a gallery. A green roof garden
adjoins the new building, where 7 double rooms are planned. The lowest
floor is equipped with a spa offering body treatments and saunas looking
out to a small lake. We use green energy and will be family friendly with easy
access. Local gourmet products will be sold, amongst which we plan to
introduce homemade apple cider. We plan to organize wine-tasting events
in our mill-cellar as well as at our vineyard. Through our local partners we
offer additional activities connected to our region. Parking is planned on the
neighbouring plot, which also provides an expansion possibility.
The construction of the mill begins in Q4 2012 from the EU subsidy and our
own savings. Meanwhile we are seeking financing solutions for the hotel.
190
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TOURISM
Tourism investment opportunities in Makó,
Csongrád, Hungary
INVESTMENT SUMMARY
Industry
Tourism
Executive summary
FUNDING
REQUIREMENT (EUR)
Old Town Hall:
690 000 EUR
Boarding School Galamb:
783 333,3 EUR
Kállai Hostel:
273 333,3 EUR
The Municipality of Makó is looking for potential investors for the reconstruction of five buildings, which are located near the SPA and very close to the
city centre. The SPA reconstruction was finished in January 2012 and a high
quality hotel is missing, the Municipality is willing to find a partner to open
a new hotel.
Financial investor
tors makes the restoration of the original hotel functions of the building
and the realization of 50 four-star rooms and apartments necessary.
• Kállai Hostel: The neo-gothic building, with three floors, with a basic
area of 1032 m2 can be expanded inside the plot, and so 30-40 threestar hotel rooms can be developed. In case less hotel rooms are built,
shops can be created downstairs.
• The old Town Hall: With a basic area of 2492 m2, the tarnished
two-story monument building was built in the middle of the 19th century and operated as the town hall in the past. Today it operates as
an office building. The whole plot of 3695 m2 is situated next to the
therapeutic section of the bath.
Our tourism product is our city. We have the following venues to visit:
CONTACT
INFORMATION
Municipality of Makó
Ms Ágnes Szél
Project manager
Micro-regional
Development Office
Phone: +36 62 511 898
Email: szel.agnes@mako.hu
Hungary, 6900 Makó,
Széchenyi tér 22.
Depend on interval of investment, co-owners agreement needed in conditions
In the centre of Makó, one of the most representative tenement houses of
the city can be found; called Bérpalota, it was built in the Neo-Baroque style.
The impressive building of Hotel Korona, which was built in an eclectic style,
is also located in the city centre. The József Attila Museum and the Town
Museum are exhibiting the complete historical past and an original piece of
a Ford Model T, designed by József Galamb is also presented here.
www.mako.hu
Old Police Station:
316 666,7 EUR
Corona Business
and Service Centre
– Under evaluation
Project idea
The townscape of Makó is largely determined by the work of our worldfamous organic architect, Imre Makovecz. In the city more than 10 buildings
preserve some mark of the “Master’s hand”.
BUSINESS SUMMARY
Apparently the most outstanding work of Imre Makovecz in Makó is the
new Hagymatikum bath. The enormous interior makes the complex unique:
guests can relax in 18 different pools and in 9 types of sauna on 12 thousand square meters floor space. This is completed by the unique natural
values of Makó; the river Mures mud is excellent for curing arthritic and
rheumatic diseases and can be found only in five areas of the country.
According to your requirements we are willing to rent or sell the following
buildings:
• Boarding School Galamb:
– Useful area: 2981.2 m2
– 76 rooms (there are 3 bigger rooms on the ground floor, 12 rooms on
the 1st floor with approximately 30-70 m2 area).
• Old Police Station:
– Main building: Useful area: 1302.9 m2
– Outbuilding: Useful area: 110.00 m2
– There are 104 rooms in the building, of which 57 are to be offices
and 47 are server units.
• Korona Business and Service Centre: Currently it operates as a
business and service centre. In the 1990’s it was renovated in several
phases, so a modern restaurant, a conference room for 120 persons,
section halls and offices were realized. The increasing number of visi-
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