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enewaBle energy<br />

<strong>in</strong> <strong>Hungary</strong><br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

<strong>Hungary</strong> has excellent natural resources for the utilization of renewable<br />

energy, <strong>in</strong> particular regard<strong>in</strong>g solar, w<strong>in</strong>d, biomass, biofuel <strong>and</strong> geothermal<br />

energy. The sector is poised for growth <strong>in</strong> <strong>Hungary</strong>, due to the still untapped<br />

capacities <strong>and</strong> the pledge by all EU governments to <strong>in</strong>crease renewable<br />

energy usage by 2020. In the case of <strong>Hungary</strong>, this means that the<br />

current 8.7% <strong>in</strong> the energy mix will <strong>in</strong>crease to 15% <strong>in</strong> the next 8 years.


enewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Introduction<br />

Reasons to <strong>in</strong>vest <strong>in</strong> HungaRy<br />

• <strong>Hungary</strong> receives as much as 2,200 hours of sunsh<strong>in</strong>e a year<br />

• Regard<strong>in</strong>g geothermal energy, the geothermal gradient <strong>in</strong> <strong>Hungary</strong> is<br />

almost one <strong>and</strong> a half times as high as the world average, <strong>and</strong> represents<br />

one of the country’s natural treasures<br />

• <strong>Hungary</strong>’s renewable energy potential is more than 2200 PJ/year<br />

• <strong>Hungary</strong>’s photovoltaic potential is about 480 billion kWh<br />

(based on poten tially <strong>in</strong>stallable solar modules)<br />

• <strong>Hungary</strong> is among the top five high-tech exporters <strong>in</strong> Europe<br />

Why <strong>Hungary</strong>?<br />

• Significant resources <strong>and</strong> unused capacity, with extensive <strong>in</strong>vestment<br />

opportunities<br />

• “Made <strong>in</strong> EU” tag<br />

• Logistics hub: excellent transport system<br />

• Highly skilled, <strong>in</strong>novative labour force, with an exceptional cost/quality<br />

ratio<br />

• World-class quality of life<br />

• Tailor-made <strong>in</strong>centive system<br />

• Well-developed <strong>in</strong>frastructure<br />

• Emerg<strong>in</strong>g renewable energy market<br />

• Renewable energy is a preferred <strong>and</strong> supported sector of the government<br />

• Over 200 <strong>in</strong>dustrial <strong>and</strong> technology parks of <strong>in</strong>ternational quality available<br />

for green <strong>and</strong> brown field developments<br />

oveRview<br />

SoLAr EnErgY <strong>in</strong> HungArY<br />

There is notable solar potential <strong>in</strong> <strong>Hungary</strong>, currently however only a limited<br />

amount of solar capacity has been constructed. The 1 MW output of<br />

<strong>in</strong>stalled PV-systems <strong>in</strong> <strong>Hungary</strong>, means that there is still a lot of room for


enewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

growth. A new feed <strong>in</strong> tariff system (METÁR) is set to be implemented <strong>in</strong><br />

the near future, which will result <strong>in</strong> the spread of solar energy (heat <strong>and</strong> PV)<br />

usage. Besides the support of public solar projects, the new system will<br />

encourage the build<strong>in</strong>g of solar power plants with bigger capacities (over<br />

50 MW).<br />

W<strong>in</strong>D EnErgY <strong>in</strong> HungArY<br />

Accord<strong>in</strong>g to prelim<strong>in</strong>ary data, <strong>in</strong> 2010 the share of electricity from renewable<br />

energy sources reached 7.56%. The contribution from large-scale w<strong>in</strong>d<br />

turb<strong>in</strong>es with power plant capacities was approximately 3.2%. The cur rent<br />

w<strong>in</strong>d energy capacity will double by 2020, which is important for the develop<br />

ment of a green economy.<br />

43% of country’s area is suitable for the economical utilization of w<strong>in</strong>d power.<br />

In areas that are 75 m above sea level, the annual average w<strong>in</strong>d speed is<br />

above 5.5 m/s. The opportunities are even more promis<strong>in</strong>g at higher altitudes.<br />

biomASS & biogAS <strong>in</strong> HungArY<br />

<strong>Hungary</strong> possesses excellent agro-ecological conditions for the competitive<br />

production of biomass. <strong>Hungarian</strong> agriculture is capable of susta<strong>in</strong>ably<br />

produc<strong>in</strong>g biomass <strong>in</strong> excess of food <strong>and</strong> feed dem<strong>and</strong>s, <strong>and</strong> at the same<br />

time there is a significant potential for biogas production. The theoretical<br />

potential of energy sources of biological orig<strong>in</strong> (bio-energy) could exceed,<br />

by as much as 20%, the energy source dem<strong>and</strong> estimated for 2020.<br />

biomass potential <strong>in</strong> <strong>Hungary</strong><br />

• Total feasible resource potential: 145-188 PJ/year, 20 million tons<br />

• Currently only a small part is be<strong>in</strong>g utilized<br />

• Most important resource: agriculture<br />

bioETHAnoL/bioDiESEL <strong>in</strong> HungArY<br />

• Still an emerg<strong>in</strong>g market<br />

• Large potential <strong>in</strong> bio-fuel production from agricultural products<br />

• In the past few years more than 30 new projects were announced, <strong>in</strong>clud<strong>in</strong>g<br />

SEKAB, Rossi Biofuel, United BioFuels<br />

• New <strong>in</strong>vestments <strong>in</strong> biomass R&D: Monsanto, Pioneer HiBred <strong>and</strong><br />

Agritrade SRL<br />

alReady <strong>in</strong>vested<br />

http://www.iberdrola.es/wcorp/corporativa/iberdrola?cambioIdioma=ESINICIO


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

Negotiable,<br />

accord<strong>in</strong>g to the content<br />

<strong>and</strong> size of the project<br />

renewaBle energy<br />

Different energy technologies<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Our companies specialize <strong>in</strong> energetic <strong>in</strong>novation <strong>and</strong> environmental technologies.<br />

The priority areas are the oil <strong>and</strong> gas <strong>in</strong>dustry. In recent years we<br />

have become capable of absorb<strong>in</strong>g significant EU resources <strong>in</strong> the field of<br />

human expertise <strong>and</strong> <strong>in</strong> <strong>in</strong>tensive project cooperation with <strong>Hungarian</strong> universities.<br />

A number of projects are currently underway, be<strong>in</strong>g <strong>in</strong> different stages<br />

from the <strong>in</strong>itial start-up, through to the realization phase. Technology transfer<br />

<strong>and</strong> research f<strong>in</strong>anc<strong>in</strong>g are also creat<strong>in</strong>g cooperation possibilities.<br />

<strong>in</strong>vestment objective<br />

Strategic <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

In recent years, the jo<strong>in</strong>t effects of environmental anomalies, the global<br />

f<strong>in</strong>an cial crisis <strong>and</strong> the hunger for energy have required the appearance of<br />

such competences which co<strong>in</strong>cide with the market dem<strong>and</strong> for new services.<br />

These issues can be addressed through creat<strong>in</strong>g ventures which are<br />

<strong>in</strong>novative medium size enterprises, capable of provid<strong>in</strong>g services by match -<br />

<strong>in</strong>g the <strong>in</strong>tellectual property of the universities <strong>and</strong> the available capital<br />

of mult<strong>in</strong>ational companies. Such companies will be able to absorb the<br />

resources allocated <strong>in</strong>side the EU, namely will be qualified for creat<strong>in</strong>g the<br />

<strong>in</strong>frastructure (design software, research places, special workshops) serv<strong>in</strong>g<br />

the human resource dem<strong>and</strong> of the new technologies.<br />

Description of your product(s) <strong>and</strong>/or services<br />

Resourc<strong>in</strong>g, development <strong>and</strong> <strong>in</strong>novation <strong>in</strong> the energy sector, provid<strong>in</strong>g<br />

services for its market oriented segments, from draft<strong>in</strong>g the idea, through<br />

eng<strong>in</strong>eer<strong>in</strong>g to manufactur<strong>in</strong>g <strong>and</strong> test<strong>in</strong>g the prototype, <strong>and</strong> market <strong>in</strong>troduction.<br />

The pressure for develop<strong>in</strong>g new technologies requires <strong>in</strong>creas<strong>in</strong>gly<br />

resilient <strong>and</strong> <strong>in</strong>tensive cooperation through <strong>in</strong>ternational relations. The market<br />

dem<strong>and</strong> for these services has shown a dynamic <strong>in</strong>crease especially for<br />

complex services like those provided by our companies.<br />

Any other relevant <strong>in</strong>formation<br />

Available projects:<br />

• Hydrate <strong>in</strong>hibition <strong>in</strong>spect<strong>in</strong>g conta<strong>in</strong>er – <strong>in</strong> f<strong>in</strong>al stage, prototype is <strong>in</strong> field<br />

operation<br />

• Thermal gas generation – prototype is <strong>in</strong> the test phase<br />

• High efficiency power generation system – <strong>in</strong> development stage<br />

• Gas separator membrane – <strong>in</strong> development stage<br />

contact<br />

<strong>in</strong>foRmation<br />

Olajgép-Tec Ltd. Co.<br />

Mr Pál Farkas<br />

Email: pfarkas@olajgeptec.hu<br />

Mr Sándor Nyári<br />

Email: snyari@olajgeptec.hu<br />

<strong>Hungary</strong>, 5940 Tótkomlós,<br />

Vasvári Pál utca 15.<br />

www.olajgeptec.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

95 000 000 EUR<br />

(for f<strong>in</strong>ish<strong>in</strong>g the plant)<br />

Total <strong>in</strong>vestment:<br />

112 500 000 EUR<br />

renewaBle energy<br />

Bioethanol, Biogas <strong>and</strong> Biomass Plant <strong>in</strong> Visonta<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

The ma<strong>in</strong> objective of the bioethanol, biogas <strong>and</strong> biomass plant project is to<br />

produce fuel quality bioethanol <strong>and</strong> green electric power. The aim of comb<strong>in</strong><strong>in</strong>g<br />

the three plants is to utilize synergies. Bioethanol is produced us<strong>in</strong>g<br />

maize as raw material. The by-product of ethanol production is the ma<strong>in</strong><br />

feedstock of the biogas plant, meanwhile the biogas- <strong>and</strong> biomass plant<br />

provide heat <strong>and</strong> electric power for the bioethanol production.<br />

Bioethanol will be sold <strong>in</strong> Western Europe, a contract is already signed with<br />

one of the biggest redistributors: Mitsui GmbH. Electricity can be fed <strong>in</strong>to<br />

the national system or later to an open market <strong>in</strong> Europe.<br />

The ma<strong>in</strong> <strong>in</strong>put is corn <strong>and</strong> dur<strong>in</strong>g the production phases most of it is used,<br />

so there is only a small surplus material rema<strong>in</strong><strong>in</strong>g.<br />

With this setup the Bioethanol Plant is able to produce biofuel with low<br />

energy costs <strong>and</strong> m<strong>in</strong>imal waste.<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

Calculations made for acquisition:<br />

irr: 31% (if 75% <strong>in</strong>vestment loan is used for the development)<br />

irr: 17% (if 100% cash is used for the development)<br />

roi: 6 years or 271% (calculated with 20 years nom<strong>in</strong>al cash-flow)<br />

nPV: 68 800 000 Euro (for 20 years <strong>and</strong> with 10% equity cost)<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

The bioethanol, biogas <strong>and</strong> biomass plant’s project development is ready<br />

(plans <strong>and</strong> permissions are available, contracts with technology suppliers<br />

are ready to be signed, <strong>in</strong>vestment loan negotiations are driven).<br />

The next step is to start to build the plants. Corn suppliers are available at<br />

any time for production. Thanks to the above discussed synergy production<br />

is possible on an extremely cheap level.<br />

Ethanol buyer Mitsui is ready to buy as much bioethanol as <strong>Hungary</strong> can produce.<br />

The team is prepared for the construction <strong>and</strong> also for the operation.<br />

Description of your product(s) <strong>and</strong>/or services<br />

Bioethanol (~110.000 m3 /year), sales volume: ~ 80 000 000 €/y<br />

Green electrical power (~108.000 MWh/year) sales volume: 12 000 000 €/y<br />

Corn germ (~31.000 t/year) sales volume: 10 000 000 €/y<br />

Biofertilizer (~29.000 t/year) sales volume: 600 000 €/y<br />

Sales contracts are signed for bioethanol (with Mitsui GmbH) – biggest<br />

European ethanol trader. Green electrical power can be fed <strong>in</strong>to national<br />

grid. Corn germ has a wide dem<strong>and</strong> from animal husb<strong>and</strong>ry. Biofertilizer can<br />

be sold to corn suppliers. Negotiations already started.<br />

Furthermore the plants will save more than 100 000 CO2 quotas, which can<br />

be also sold <strong>in</strong> the CO2 exchange system.<br />

Any other relevant <strong>in</strong>formation<br />

Several reserves are built <strong>in</strong>to the bus<strong>in</strong>ess plan, so <strong>in</strong> case of negative events<br />

the operation <strong>and</strong> the trad<strong>in</strong>g profit is <strong>in</strong> no danger.<br />

Accord<strong>in</strong>g to the profit <strong>and</strong> loss calculation the ratio between the operation<br />

cost <strong>and</strong> <strong>in</strong>comes move around 79%. <strong>Hungarian</strong> agriculture has a 5-10%<br />

surplus supply of corn <strong>in</strong> each normal year (without drought).<br />

contact<br />

<strong>in</strong>foRmation<br />

HBT Helvécia Bioüzemanyag<br />

Termelő és Ker. Kft.<br />

Mr Tibor Érsek<br />

Mobile: +36 30 488 1141<br />

Email: t.ersek@duna.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

60 000 000 EUR<br />

Biotechnology, life sciences ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Production of Biodegradable Plastic F<strong>in</strong>ished<br />

Products, Granules, PVA (base material) <strong>in</strong> <strong>Hungary</strong>/<br />

F<strong>in</strong>ished Products <strong>in</strong> other Countries<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Establish<strong>in</strong>g of the basic factory <strong>in</strong> Bélapátfalva for manufactur<strong>in</strong>g 10 000 tons/<br />

year granules <strong>and</strong> f<strong>in</strong>ished products.<br />

The biodegradable plastic is able to replace or substitute the traditional<br />

plastic products, because it has the same physical properties (colourable,<br />

pr<strong>in</strong>table, wirable, etc.) <strong>and</strong> has the same value as the traditional plastic<br />

products.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

6 years<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

We are target<strong>in</strong>g the <strong>Hungarian</strong> packag<strong>in</strong>g <strong>in</strong>dustry, as one of the largest<br />

markets for bio-degradable products.<br />

The EU legislation provides the potential buyers, as it will ensure that<br />

manu facturers <strong>and</strong> customers will replace the st<strong>and</strong>ard-based products<br />

with degradable plastic.<br />

Our company owns the exclusive contract for the <strong>Hungarian</strong> manufactur<strong>in</strong>g<br />

<strong>and</strong> distribution rights, <strong>and</strong> for Austria, Czech Republic, Slovakia,<br />

Slove nia, Croatia, Serbia-Montenegro, Romania, Ukra<strong>in</strong>e, Switzerl<strong>and</strong>,<br />

Norway <strong>and</strong> Sweden.<br />

In the “Know-how” of the contract, it is not only known <strong>and</strong> manufactured<br />

products that are delivered, but a direct relationship is created with the<br />

developers, the owners of the know-how <strong>and</strong> their proposed research <strong>and</strong><br />

development.<br />

Description of your product(s) <strong>and</strong>/or services<br />

We will fabricate biodegradable plastics with a completely different technology,<br />

us<strong>in</strong>g crystall<strong>in</strong>e (PVA) base materials with the direct addition of additives<br />

to improve the granulate. This technology is significantly better <strong>in</strong> terms<br />

of production costs <strong>and</strong> the price difference compared to the biodegradable<br />

plastic materials made by our competitors.<br />

The average price of biodegradable plastic granules manufactured by us is<br />

3 Euro/kg. The fully processed foil’s price from this granule will cost an average<br />

price of 4.5 Euro/kg.<br />

The technology produced <strong>and</strong> used by our competitors, as “biodegradable”<br />

plastics, have market prices rang<strong>in</strong>g from 6.5 to 9 Euro/kg. The foils made<br />

from it cost an average of 11 to 14 Euro/kg.<br />

contact<br />

<strong>in</strong>foRmation<br />

BIOPLASTIC HUNGARY/<br />

EUROPE Ltd.<br />

Mr József Zsebe<br />

Email: bioplastickft@gmail.com


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

60 000 000 EUR<br />

renewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Plant for the Reclamation of Electronic Waste<br />

Products at Tiszapüspöki<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

The h<strong>and</strong>l<strong>in</strong>g <strong>and</strong> reuse of electronic waste products <strong>in</strong> which 94% of the<br />

material is reused. The production of electrical energy through the patented<br />

technology of EWR <strong>Hungary</strong> for discarded electronic waste materials,<br />

which is possible follow<strong>in</strong>g the sale of the recyclable metal components.<br />

The production of electrical energy guarantees that it can work <strong>in</strong>dependently<br />

without an energy supplier. This solution can be employed <strong>in</strong> several<br />

ways. Follow<strong>in</strong>g the extraction of the waste metals <strong>and</strong> the start of the heat<br />

production process, the heat from the waste can be used for fish production,<br />

horticulture or other suitable applications.. The patented technology<br />

has been developed by a number of specialists <strong>and</strong> researchers who have<br />

now proven its viability <strong>and</strong> operation. Currently, we have obta<strong>in</strong>ed a property<br />

<strong>and</strong> only require the build<strong>in</strong>gs <strong>and</strong> mach<strong>in</strong>ery.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

10 years<br />

Stage of development<br />

Start-up company<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

We will be able to h<strong>and</strong>le 8,000 tons of electronic waste. The end products<br />

are 98% pure metals, electrical <strong>and</strong> heat energy from waste. It is an energetically<br />

<strong>in</strong>dependent process once the production process is <strong>in</strong> place.<br />

In addition to the reuse of the metals <strong>and</strong> the production of energy,<br />

the sale of the heat extracted from the waste products will provide considerable<br />

profit as it can fuel additional production with very little additional<br />

<strong>in</strong>vestment. It is especially appropriate to high value food production<br />

systems <strong>in</strong> horticulture <strong>and</strong> much sought after. In all countries, there are<br />

computers, or home appliances, which after use become waste products,<br />

<strong>and</strong> can only be stored at great expense. This technology, however, <strong>in</strong><br />

addition to putt<strong>in</strong>g an end to the cost of stor<strong>in</strong>g the waste will lead to significant<br />

<strong>in</strong>come.<br />

Description of your product(s) <strong>and</strong>/or services<br />

raw materials:<br />

• 28-30 tons of electronic waste (25-30% synthetic materials, Pe-PP)<br />

F<strong>in</strong>ished products:<br />

• 12-15 tons of various pure metals (iron, alum<strong>in</strong>ium, copper, silver, z<strong>in</strong>c,<br />

nickel, etc.)<br />

• 7-10 tons of diesel oil, 28-32 MW/h electrical energy<br />

• 200-280 GI (the heat<strong>in</strong>g value of 6,000 m³ natural gas)<br />

• Gas, sufficient for the entire heat requirement of the process<br />

• Secondary waste, a maximum of 1.8 tons of which the dangerous waste<br />

is at most 0.2 tons<br />

Any other relevant <strong>in</strong>formation<br />

After the construction of the pilot plant <strong>and</strong> the start-up of production, the<br />

patented technology can be further marketed.<br />

I. The mechanical cutt<strong>in</strong>g up of the waste<br />

II. The separation of the various components<br />

III. The heat<strong>in</strong>g of the gr<strong>in</strong>d<strong>in</strong>gs <strong>in</strong> a patented reactor<br />

IV. Extraction <strong>and</strong> clean<strong>in</strong>g of the metals<br />

V. Production of electrical energy for diesel plants <strong>and</strong> for co-generated<br />

heat<br />

contact<br />

<strong>in</strong>foRmation<br />

EWR-<strong>Hungary</strong> Kft.<br />

Mr Csaba Szalay<br />

Mr Tamás Mészáros<br />

Mobile: +36 30 470 6762<br />

Email: tamas.mt@freemail.hu<br />

<strong>Hungary</strong>, 1137 Budapest,<br />

Szent István körút. 2. fsz. 4.<br />

www.ewrhungary.com


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

50 000 000 EUR<br />

renewaBle energy<br />

Hunest Bioref<strong>in</strong>ary Ltd.<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Technologies based on renewable energy sources have become more than<br />

just dem<strong>and</strong>s of the green movement.<br />

The first step <strong>in</strong> build<strong>in</strong>g the Balatonfűzfő Bioref<strong>in</strong>ery is planned to be a<br />

technical facility which can function as an <strong>in</strong>dependent economic unit <strong>and</strong><br />

produce competitive products.<br />

The factory works with natural substance such as starch, wheat <strong>and</strong> sweet<br />

sorghum to produce lactate acid through biotechnology. This lactate acid<br />

is the basis of many plastics <strong>and</strong> solvents, with the company be<strong>in</strong>g able to:<br />

manufacture biologically degradable plastics from renewably sourced stock;<br />

produce environmentally compatible lactic acid <strong>and</strong> calcium lactate. (Conc.<br />

95% lactic acid is the raw material for polylactic acid (plastic <strong>in</strong>dustry).<br />

The biogas firm is part of the project because of exploitable technical sewage.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Acquisition of company<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

ROI: 8,3 years<br />

Stage of development<br />

Start-up company<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

Detailed calculations <strong>in</strong>dicate that the envisioned project would have the<br />

follow<strong>in</strong>g bus<strong>in</strong>ess <strong>in</strong>dicators:<br />

• Sales revenue: HUF 7,900 billion/year<br />

• Operat<strong>in</strong>g costs: HUF 5,200 billion/year<br />

• Profit after tax (Total profit after tax <strong>in</strong> 10 years, based on annual production<br />

data): HUF 7.581 billion<br />

This results <strong>in</strong> an average profit marg<strong>in</strong> of 10.7%, which is a very good<br />

figure for a project of this capacity.<br />

Description of your product(s) <strong>and</strong>/or services<br />

Enzymatic saccharification of the starch suspension results <strong>in</strong> glucose which<br />

lactic acid bacteria can use. The neutralizer used for glucose lactic acid<br />

fermentation is ground limestone. The bacterial mass, cell wall rema<strong>in</strong>s<br />

<strong>and</strong> other dissolved prote<strong>in</strong>s, sugars <strong>and</strong> oligosaccharides as well as nondesirable<br />

additional compounds are used <strong>in</strong> a biogas plant. The calcium<br />

lactate produced by fermentation goes through a concentration method.<br />

Concent rated calcium lactate is a marketable product <strong>in</strong> itself. Sulphuric<br />

acid is added to produce lactic acid, which is further purified through distillation<br />

to produce solutions of a concentration suitable for commercial sale<br />

(85%) or a 95% lactic acid solution suitable for polymerisation.<br />

Any other relevant <strong>in</strong>formation<br />

Auxiliary units of the bioref<strong>in</strong>ery <strong>in</strong>clude the water treatment plant, cool<strong>in</strong>g system,<br />

a biogas facility where all the liquid waste is used, as well as the power<br />

plant runn<strong>in</strong>g on biogas. Another product of the biogas facility is desiccated<br />

sludge or biological fertilizer which can be used after storage to replenish<br />

soils. The f<strong>in</strong>al facility supports operations which are profitable <strong>and</strong> easy to<br />

upgrade.<br />

contact<br />

<strong>in</strong>foRmation<br />

Nitrokémia Co. Inc.,<br />

Hunest Ltd.<br />

Email: zshorvath@nitro.hu<br />

www.nitrokemia.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

41 760 000 EUR<br />

(for f<strong>in</strong>ish<strong>in</strong>g the plant)<br />

Total <strong>in</strong>vestment:<br />

44 210 000 EUR<br />

renewaBle energy<br />

Bioethanol Plant <strong>in</strong> Visonta<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

The ma<strong>in</strong> objective of the bioethanol plant project is to produce fuel quality<br />

bioethanol from maize. The plant is go<strong>in</strong>g to be built on the <strong>in</strong>dustrial site of<br />

Mátra Power Plant with the aim of utiliz<strong>in</strong>g synergies due to the cooperation<br />

between the two plants. The coal based power plant will supply the<br />

steam <strong>and</strong> electrical energy to the bioethanol plant, <strong>and</strong> the by-product of<br />

the bioethanol plant will be utilized by the power plant as feed stock. Thank<br />

to this cooperation the bioethanol plant receives electricity <strong>and</strong> steam at a<br />

lower price while the Power Plant can use a renewable resource, so it will<br />

save CO2 quota. With this setup the Bioethanol Plant is able to produce<br />

biofuel with the lowest energy costs <strong>and</strong> m<strong>in</strong>imal waste.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>and</strong> Strategic <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

Acquisition of company<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

Calculations made for acquisition: irr: 77% (if 80% <strong>in</strong>vestment loan is used<br />

for the development)<br />

irr: 23% (if 100% cash is used for the development)<br />

roi: 5 years or 750% (calculated with 20 years nom<strong>in</strong>al cash-flow)<br />

nPV: 94 300 000 € (for 20 years <strong>and</strong> with 10% equity cost)<br />

Stage of development<br />

Start-up company<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

The bioethanol plant’s project development is ready (plans <strong>and</strong> permissions<br />

are available, contracts with technology suppliers are ready to be signed,<br />

<strong>in</strong>vestment loan negotiations are driven). The next step is to start to build<br />

the plant. Corn suppliers are available at any time for production. Thanks to<br />

the above discussed synergy, production is possible at an extremely cheap<br />

level. Ethanol buyer Mitsui is ready to buy as much bioethanol as <strong>Hungary</strong><br />

can produce. The team is prepared for the construction <strong>and</strong> also for the<br />

operation.<br />

Description of your product(s) <strong>and</strong>/or services<br />

Bioethanol (~55,000 m3 /year), sales volume: ~ 40 000 000 €/y<br />

Stillage (~141.000 t/year) sales volume: 4 000 000 €/y<br />

DDGS livestock food (~58,700 t/year) sales volume: 18 000 000 €/y<br />

Sales contracts are signed for bioethanol (with Mitsui GmbH – biggest<br />

European ethanol trader – <strong>and</strong> for stillage (with Mátra Power Plant). DDGS<br />

is a product much <strong>in</strong> dem<strong>and</strong> with stockmen.<br />

Any other relevant <strong>in</strong>formation<br />

Several reserves are built <strong>in</strong> the bus<strong>in</strong>ess plan, so <strong>in</strong> case of negative events<br />

the operation <strong>and</strong> the trad<strong>in</strong>g profit is <strong>in</strong> no danger. Accord<strong>in</strong>g to the profit<br />

<strong>and</strong> loss calculation the ratio between the operation cost <strong>and</strong> <strong>in</strong>comes move<br />

around 72%. <strong>Hungarian</strong> agriculture has a 5-10% surplus supply of corn <strong>in</strong><br />

each normal year (without drought).<br />

contact<br />

<strong>in</strong>foRmation<br />

Visontai Bioetanol Fejlesztő Kft.<br />

Mr Tibor Érsek<br />

Mobile: +36 30 488 1141<br />

Email: t.ersek@duna.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

15 000 000 EUR<br />

renewaBle energy<br />

Production of Beta Buses<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

We were <strong>in</strong>spired by the results of our local, <strong>and</strong> European market research,<br />

<strong>and</strong> our long time market experience to develop a project plan for the manufactur<strong>in</strong>g<br />

<strong>and</strong> sale of hybrid-, trolley buses <strong>and</strong> m<strong>in</strong>ibuses. The bus<strong>in</strong>ess<br />

management <strong>and</strong> design<strong>in</strong>g process of the buses is done at the site of opera<br />

tion, hybrids <strong>and</strong> trolley buses are made <strong>in</strong> Pecs. Coach-build<strong>in</strong>g is carried<br />

out at the manufactur<strong>in</strong>g plant of the Turkish co-operat<strong>in</strong>g partner. The<br />

superstructure of the bus is built on self-runn<strong>in</strong>g Mercedes-Benz or Iveco<br />

manufactured chassis.<br />

The manufactur<strong>in</strong>g of the Beta Electro trolley, fuel cell <strong>and</strong> hybrid buses,<br />

the jo<strong>in</strong>t utilization of the Beta-stirrup <strong>and</strong> Beta-Floor <strong>in</strong>ventions will mean a<br />

new approach to urban public transportation. This is go<strong>in</strong>g to be the most<br />

significant <strong>and</strong> the most profitable bus<strong>in</strong>ess of the company.<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

Amount 15 000 000 Euro <strong>in</strong> exchange for 50-55% of the company share<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

10 years<br />

Stage of development<br />

Start-up company<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

Dur<strong>in</strong>g the f<strong>in</strong>ancial plann<strong>in</strong>g we used cost-profit analysis to exam<strong>in</strong>e the<br />

feasibility of the <strong>in</strong>vestment, the susta<strong>in</strong>ability of effective operation, <strong>and</strong> the<br />

assurance of expected output.<br />

The <strong>in</strong>dex numbers are:<br />

net Present Value (nPV): 37 175 180 EUR<br />

Profitability <strong>in</strong>dex (Pi): 5.7<br />

<strong>in</strong>ternal revenue rate (irr): 54.6%<br />

Discounted Payback Period (DPP): 5 years<br />

All of the <strong>in</strong>dex numbers meet all criteria, therefore dur<strong>in</strong>g its operation the<br />

project will generate the expected revenues. The exam<strong>in</strong>ation of Return<br />

Period is done based on the calculated base value revenue volume, <strong>and</strong> the<br />

present value of the <strong>in</strong>vested capital. Currently, this <strong>in</strong>dex is at year 5.<br />

Over all it can be determ<strong>in</strong>ed that production <strong>and</strong> sales opportunities of all<br />

proposed products are subservient.<br />

Description of your product(s) <strong>and</strong>/or services<br />

We will carry out the design process of the buses, <strong>and</strong> production of Beta<br />

Electro at the headquarters <strong>in</strong> Pecs. Manufactur<strong>in</strong>g will be done <strong>in</strong> Turkey on<br />

the manufactur<strong>in</strong>g l<strong>in</strong>es of BURSA.<br />

Except for the chassis, all suppliers are located <strong>in</strong> Bursa or its surround<strong>in</strong>gs,<br />

<strong>and</strong> possess DIN, <strong>and</strong> EU qualifications, <strong>and</strong> like our partner have ISO<br />

qua lity control systems. In addition, our company monitors <strong>and</strong> assures the<br />

control of local, ongo<strong>in</strong>g manufactur<strong>in</strong>g. All sales <strong>and</strong> logistics will be performed<br />

at the company’s headquarters.<br />

contact<br />

<strong>in</strong>foRmation<br />

Beta Busz Kft.<br />

Mr Szabolcs Dicsö<br />

Mobile: +36 20 286 7222<br />

Email: dicso.sz@gmail.com<br />

<strong>Hungary</strong>, 7630 Pécs,<br />

Németh M. utca 3.<br />

<strong>Hungary</strong>, 7630 Pécs,<br />

Koksz utca 91.


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

15 000 000 EUR/factory<br />

60 000 000 EUR<br />

for 4 types of vehicles<br />

renewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Establishment of a compressed air motor vehicle<br />

production l<strong>in</strong>e<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Travell<strong>in</strong>g around the world we found critical situations <strong>in</strong> big cities where<br />

the quality of the air becomes so poor that it results <strong>in</strong> smog alerts. The premier<br />

reason for this is the pollution by cars <strong>and</strong> (public) transport vehicles.<br />

Pressured air vehicles are a technology that would dramatically improve this<br />

situation. We show two different production l<strong>in</strong>es for different designs of<br />

pressured air cars that can be very competitive alternative transportation<br />

equipment.<br />

Currently we have discussed tak<strong>in</strong>g over the technology of pressured air<br />

vehicle production. We have all the permissions to promote ourselves as a<br />

potential producer <strong>in</strong> the territory we choose.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

Amount 60 000 000 Euro <strong>in</strong> exchange for 95% of the company share<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

5 years<br />

Stage of development<br />

Start-up company<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

The shortage of the petroleum result<strong>in</strong>g <strong>in</strong> higher prices has led the automotive<br />

<strong>in</strong>dustry to seek alternative solutions. One of the solutions is us<strong>in</strong>g<br />

compressed air as the power source for vehicles, with the ma<strong>in</strong> advantage<br />

that it is a clean, pollution-free method of transport for goods <strong>and</strong> people.<br />

The biggest market is the <strong>in</strong>-city transport where the distances are short<br />

so the vehicles do not need a significant range; the average is not more<br />

than 150 km/day. In addition, refuell<strong>in</strong>g can take only for 2 m<strong>in</strong>utes with<br />

the appropriate <strong>in</strong>frastructure.<br />

In places where appropriate renewable energy sources are available (w<strong>in</strong>d,<br />

solar) the refuell<strong>in</strong>g tanks can be cont<strong>in</strong>uously filled <strong>in</strong> an entirely environmentally<br />

friendly manner.<br />

Description of your product(s) <strong>and</strong>/or services<br />

Turnkey factories to manufacture <strong>and</strong> sell locally<br />

It envisages the notion of Dealer/Manufacturer/Associate by propos<strong>in</strong>g turnkey<br />

factories <strong>in</strong> order to produce <strong>and</strong> sell locally. Contrary to huge conventional<br />

assembly factories (that are particularly pollut<strong>in</strong>g), the AirCar concept<br />

sets up numerous production micro-factories spread all over the area. They<br />

are equipped with all the necessary workshops to manufacture 80% of the<br />

vehicles <strong>and</strong> to commercialize their products on the spot.<br />

The products are shown on the pictures.<br />

The vehicles have the follow<strong>in</strong>g properties that make them unique:<br />

• light <strong>in</strong> weight, small <strong>in</strong> size<br />

• easy to h<strong>and</strong>le<br />

• refuell<strong>in</strong>g means simply chang<strong>in</strong>g the tanks<br />

• easy production, self-supply<strong>in</strong>g cha<strong>in</strong><br />

Any other relevant <strong>in</strong>formation<br />

The project is based on a license agreement with the <strong>in</strong>ventor. The cost of<br />

each production l<strong>in</strong>e conta<strong>in</strong>s the licence fee <strong>and</strong> a special agreement <strong>and</strong><br />

distribution structure with the owner of the technology.<br />

We have chosen three types of vehicles to cover most of the market<br />

dem<strong>and</strong>s, such as small city vehicles for personal use <strong>and</strong> cargo, family sized<br />

vehicles <strong>and</strong> buses.<br />

contact<br />

<strong>in</strong>foRmation<br />

MUNEDAL S.A.<br />

Dr Iván Tarján<br />

Phone: +598 94 027 890<br />

Email: Munedal.2011@gmail.com


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

Targeted fund<strong>in</strong>g<br />

requirement is<br />

5 000 000 – 7 000 000 EUR<br />

renewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

<strong>Investment</strong> opportunity <strong>in</strong> the renewable energy<br />

operations of ALTEO Plc<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

ALTEO operates <strong>in</strong> the power generation <strong>and</strong> power trad<strong>in</strong>g bus<strong>in</strong>ess with<br />

the primary focus on power generation from renewable energy sources like<br />

w<strong>in</strong>d <strong>and</strong> biogas. ALTEO owns 10 power plants <strong>in</strong> <strong>Hungary</strong> with a total of<br />

35 MWe <strong>in</strong>stalled power generat<strong>in</strong>g capacity <strong>and</strong> 237 MWth <strong>in</strong>stalled heat<br />

generat<strong>in</strong>g capacity. ALTEO’ renewable energy portfolio <strong>in</strong>cludes 3 w<strong>in</strong>d<br />

power plants; 2 l<strong>and</strong>fill gas utiliz<strong>in</strong>g power plants; <strong>and</strong> 2 hydro gas power<br />

plants. The rest of the power generat<strong>in</strong>g portfolio consists of 3 gas fired<br />

comb<strong>in</strong>ed cycle, heat <strong>and</strong> electricity generat<strong>in</strong>g power plants. ALTEO is<br />

seek<strong>in</strong>g further fund rais<strong>in</strong>g to f<strong>in</strong>ance its <strong>in</strong>vestments <strong>in</strong> renewable energy<br />

generation, primarily weather dependent renewable (w<strong>in</strong>d <strong>and</strong> solar) energy<br />

generation <strong>in</strong> <strong>Hungary</strong>, Romania <strong>and</strong> Bulgaria.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

ALTEO is ready to discuss an <strong>in</strong>vestment opportunity <strong>in</strong>to either a Special<br />

Purpose Vehicle to be set up by ALTEO to manage its renewable energy<br />

operations, or <strong>in</strong> ALTEO Plc itself. In either case potential <strong>in</strong>vestors will be<br />

offered a maximum 49% stake <strong>in</strong> the target entity.<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

5 years return period with a target average annual ROI of 30%<br />

Stage of development<br />

Ramp up/growth phase<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

ALTEO was established <strong>in</strong> 2008 as an energy production <strong>and</strong> energy services<br />

company focus<strong>in</strong>g on alternative electric <strong>and</strong> heat energy solutions<br />

<strong>in</strong> the small power plant segment (power plants with less than 50 MWe<br />

<strong>in</strong>stalled capacity) <strong>and</strong> power trad<strong>in</strong>g. Currently ALTEO owns 10 power<br />

plants out of which 7 produce electricity from renewable sources like w<strong>in</strong>d,<br />

l<strong>and</strong>fill gas <strong>and</strong> hydro gas. The rema<strong>in</strong><strong>in</strong>g 3 power plants are gas fired<br />

comb<strong>in</strong>ed cycle, electricity <strong>and</strong> heat generat<strong>in</strong>g, power plants. Our power<br />

trad<strong>in</strong>g activity currently has a customer portfolio with 75 GWh power<br />

purchase, generat<strong>in</strong>g a portfolio of EUR 8 million. ALTEO’s customers<br />

are primarily bus<strong>in</strong>ess users, like mult<strong>in</strong>ationals (e.g.: Audi <strong>Hungary</strong> <strong>and</strong><br />

He<strong>in</strong>eken) <strong>and</strong> other small <strong>and</strong> medium sized local bus<strong>in</strong>esses.<br />

Description of your product(s) <strong>and</strong>/or services<br />

ALTEO is seek<strong>in</strong>g fund rais<strong>in</strong>g of EUR 5-7 m to f<strong>in</strong>ance part of its <strong>in</strong>vestments <strong>in</strong><br />

weather dependent (w<strong>in</strong>d, solar) <strong>and</strong> biogas based renewable energy generat<strong>in</strong>g<br />

projects <strong>in</strong> <strong>Hungary</strong>, Romania <strong>and</strong> Bulgaria. As per project, the target<br />

project size is between EUR 2 <strong>and</strong> EUR 15 million <strong>in</strong> terms of total <strong>in</strong>vested<br />

capital need. Capacity-wise the target project size is between 1.5 <strong>and</strong><br />

10 MWe <strong>in</strong> case of w<strong>in</strong>d; 0.5-5 MWe <strong>in</strong> case of solar; <strong>and</strong> between 1-3 MWe<br />

<strong>in</strong> case of biogas.<br />

The key projects <strong>in</strong> our pipel<strong>in</strong>e requir<strong>in</strong>g f<strong>in</strong>anc<strong>in</strong>g are:<br />

• <strong>Investment</strong> <strong>in</strong> 2 licensed to be established biogas power plants with<br />

aggre gate capacity of 1.6 MWe <strong>in</strong> <strong>Hungary</strong><br />

• Solar power plants <strong>in</strong> <strong>Hungary</strong> with aggregate capacity of 3 MWe<br />

• 2 solar power plants <strong>in</strong> Romania with aggregate capacity of 4.2 MWe<br />

Any other relevant <strong>in</strong>formation<br />

ALTEO Plc. is listed on the Budapest Stock Exchange. ALTEO has recently<br />

completed a capital <strong>in</strong>crease of cca: 1 million Euros with several f<strong>in</strong>ancial<br />

<strong>in</strong>vestors.<br />

contact<br />

<strong>in</strong>foRmation<br />

ALTEO Energy Service<br />

Provid<strong>in</strong>g Plc.<br />

Mr Domonkos Kovács,<br />

Member of the Board,<br />

Chief <strong>Investment</strong> Officer<br />

Phone: +36 1 474 9782<br />

Mobile: +36 20 970 9748<br />

Email:<br />

kovacs.domonkos@alteo.hu<br />

www.alteo.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

3 000 000 EUR<br />

renewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Biomass-based complex regional development<br />

solutions<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Agriculture, Renewable energy<br />

Executive summary<br />

Bionova <strong>Hungary</strong> Ltd. appeared <strong>in</strong> the <strong>Hungarian</strong> market <strong>in</strong> 2011. The firm<br />

is deal<strong>in</strong>g with two fields: 1. Distribution of high quality, <strong>in</strong>novative, optimal<br />

efficiency agricultural, forestry <strong>and</strong> biomass mach<strong>in</strong>es. 2. Produc<strong>in</strong>g <strong>and</strong><br />

harvest<strong>in</strong>g of short rotation coppice (SRC) as an energy crop. We are look<strong>in</strong>g<br />

for f<strong>in</strong>ancial <strong>in</strong>vestors for the second field of our bus<strong>in</strong>ess <strong>in</strong> buy<strong>in</strong>g production<br />

fields for SRC <strong>and</strong> establish<strong>in</strong>g places of use for the biomass.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Amount 3 000 000 Euro <strong>in</strong> exchange for 51% of the company share<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

7 years<br />

Stage of development<br />

Start-up company<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

There is significant potentials <strong>in</strong> the production of SRC/ biomass <strong>in</strong> <strong>Hungary</strong><br />

as 85% of the county is suitable for agricultural activities. The ma<strong>in</strong><br />

factors responsible for the growth of <strong>Hungary</strong>’s agriculture are fertile l<strong>and</strong>s,<br />

availability of water <strong>and</strong> a favourable climate. Locally grown biomass could<br />

be used for heat<strong>in</strong>g greenhouses, heat<strong>in</strong>g plants, etc. Heat<strong>in</strong>g costs can<br />

be reduced by 70 percent by exchang<strong>in</strong>g old oil or gas burners for a new<br />

biomass boiler system. Us<strong>in</strong>g biomass as fuel is a very cheap way of produc<strong>in</strong>g<br />

large amounts of food <strong>and</strong> energy. In <strong>Hungary</strong> there is shortage of<br />

these k<strong>in</strong>ds of activities, therefore there are considerable opportunities for<br />

develop<strong>in</strong>g it.<br />

Description of your product(s) <strong>and</strong>/or services<br />

1. Develop<strong>in</strong>g production fields of short rotation coppice<br />

2. Harvest<strong>in</strong>g of biomass.<br />

Any other relevant <strong>in</strong>formation<br />

We manage a field of SRC stock plants <strong>and</strong> a unique <strong>in</strong>novative biomass<br />

harvest<strong>in</strong>g mach<strong>in</strong>e. We can demonstrate this project <strong>in</strong> case of an <strong>in</strong>quiry.<br />

Our aim is to <strong>in</strong>crease the area of our SRC plants <strong>and</strong> to widen our harvest<strong>in</strong>g<br />

mach<strong>in</strong>e portfolio.<br />

contact<br />

<strong>in</strong>foRmation<br />

Bionova <strong>Hungary</strong> Ltd.<br />

Mr Zoltán Hamar<br />

Mobile: +36 20 355 5136<br />

Email: hamar.zoltan@bionova.hu<br />

Mr Gergő Vajner<br />

Mobile: +36 20 547 3519<br />

Email: vajner.gergo@bionova.hu<br />

www.bionova.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

Tőke Fém Ltd. purchased:<br />

850 000 EUR<br />

Branch expansion, commercial<br />

real estate purchase:<br />

350 000 EUR<br />

Work<strong>in</strong>g capital required<br />

for operation: 350 000 EUR<br />

Lorry with conta<strong>in</strong>er<br />

fitt<strong>in</strong>gs acquisition: 250 000 EUR<br />

Bal<strong>in</strong>g presses for<br />

high-performance acquisition:<br />

170 000 EUR<br />

Car breakers <strong>in</strong> part,<br />

tools, small appliances<br />

purchase: 30 000 EUR<br />

TOTAL: 2 000 000 EUR<br />

renewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Selective distribution of scrap metal <strong>and</strong> scrap<br />

vehicle registered project management<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Scrap selective acquisition, management <strong>and</strong> sale, as well as registered<br />

scrap yard operation. The implementation is currently for sale, scrap metal<br />

dealers <strong>in</strong> operation s<strong>in</strong>ce 2004, purchased the site’s ma<strong>in</strong> bus<strong>in</strong>ess idea.<br />

After purchas<strong>in</strong>g an immediate cont<strong>in</strong>uation of the operation <strong>and</strong> expansion<br />

of development <strong>and</strong> implementation.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Acquisition of company<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

The time of the return: 2012<br />

Stage of development<br />

Start-up company<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

Property for sale <strong>in</strong> the plot 2360 m2 M.É.H.-site registered <strong>and</strong> operated<br />

scrap yard <strong>and</strong> demolition certificate, publishes, <strong>and</strong> newmetal trad<strong>in</strong>g<br />

license. The total site area of paved, fenced, alarm <strong>and</strong> settlement agents<br />

equipped with cameras. The metal framehold<strong>in</strong>g 600 m2 hall, assembly<br />

hall, d<strong>in</strong><strong>in</strong>g room, kitchen staff, office <strong>and</strong> social rooms are. The site for<br />

the operation of all mach<strong>in</strong>ery <strong>and</strong> accessories with sale. In an <strong>in</strong>stallation<br />

with a paved road. The real estate <strong>in</strong>dustry powered utilities. The company<br />

specialized authorities for the operation of all the new metal is licensed<br />

under the Act.<br />

Description of your product(s) <strong>and</strong>/or services<br />

The metal is produced cont<strong>in</strong>uously. The retail suppliers <strong>and</strong> the strategic<br />

concept with<strong>in</strong> the <strong>in</strong>dustrial metal structures generated by manufactur<strong>in</strong>g<br />

companies is made up of scrap metal purchases. Prelim<strong>in</strong>ary negotiations<br />

folnyak several large enterprises, <strong>in</strong>clud<strong>in</strong>g two large companies establish<strong>in</strong>g<br />

long-term supply contract. MAV is one of the overhead l<strong>in</strong>e <strong>and</strong> non-ferrous<br />

metal <strong>in</strong>dustry expertise with respect to the K.É.SZ Ltd. <strong>and</strong> steel structure<br />

fabrication plant metal waste produced.<br />

contact<br />

<strong>in</strong>foRmation<br />

Vitech Kft.<br />

Mr István Máté<br />

Mobile: +36 70 616 3936<br />

Email: mateistvan1@citromail.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

1 666 667 EUR<br />

renewaBle energy<br />

Rubber Regeneration<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Until 2010, the company produced primarily for German firms, i.e. for<br />

AGRIKON Solt, Mach<strong>in</strong>e <strong>and</strong> Material Ltd., Mauderer Alutechnik GMBH<br />

L<strong>in</strong>denberg. Due to the unfavourable circumstances, the executive director<br />

of the company János Juhos accelerated the research process, which<br />

had been carried out together by József Szabó, a mechanical eng<strong>in</strong>eer, <strong>and</strong><br />

László Opra, a chemical eng<strong>in</strong>eer. The research on the possibilities for the<br />

reuse of rubber was undertaken with environmental concerns <strong>in</strong> the forefront.<br />

The development specifically concentrated on how rubber particles<br />

could be brought, by chemical means, to near a similar state as cauchuc,<br />

or rubber tree sap. As a result of the accelerated research, the necessary<br />

technology was successfully developed, albeit <strong>in</strong> the form of small scale<br />

<strong>in</strong>dustry.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

100% offer of the sale of the right to use the manufactur<strong>in</strong>g process<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

5 years<br />

Stage of development<br />

Project idea<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

The manufactur<strong>in</strong>g technology, which we developed <strong>in</strong> order to be able to<br />

make use of rubber waste, is unique. We do not see any difficulties <strong>in</strong> the<br />

acquisition with<strong>in</strong> <strong>Hungary</strong> of the rubber granules used as the basic material<br />

<strong>in</strong> this technology because there are a number of firms that process rubber<br />

waste, which are ready to sign agreements with us <strong>in</strong> order to supply the<br />

material. In addition, we are familiar with the technology of gr<strong>in</strong>d<strong>in</strong>g down<br />

rubber tires, <strong>and</strong> we can add this process to the production l<strong>in</strong>e at any time<br />

that it might become necessary.<br />

The manufacture of rubber products <strong>in</strong> <strong>Hungary</strong> exceeds 150,000 tons. We<br />

can realistically plan that that our manufactured regenerated rubber products,<br />

roughly 3.8-4 tons will be used <strong>in</strong> 10% (or 15,000 tons) of the total<br />

amount.<br />

Description of your product(s) <strong>and</strong>/or services<br />

The manufactur<strong>in</strong>g technology of the basic material, which has plastic qualities,<br />

is based on the chemical breakdown of rubber granules measur<strong>in</strong>g<br />

2-4 mm across. The chemically broken down material with plastic qualities<br />

is refrred to as regenerated. S<strong>in</strong>ce the cha<strong>in</strong> molecules <strong>in</strong> the rubber are<br />

connected to each other dur<strong>in</strong>g vulcanization by sulphur bonds, a spatial<br />

net be<strong>in</strong>g created dur<strong>in</strong>g the process. The break<strong>in</strong>g down of this structure is<br />

not an easy task because the process is not reversible. The result<strong>in</strong>g sulphur<br />

net stabilized by the creation of sulphur bonds does not break down along<br />

the sulphur bonds but at other po<strong>in</strong>ts <strong>in</strong> the spatial net. The aim of regeneration<br />

is precisely the chemical break<strong>in</strong>g down of this spatial net structure.<br />

Consequently, we obta<strong>in</strong> a reusable plastic base material, which can be<br />

further employed by the rubber <strong>in</strong>dustry.<br />

contact<br />

<strong>in</strong>foRmation<br />

JÁ-ID Ferrum Kft.<br />

Mr János Juhos<br />

Mr Tamás Mészáros<br />

Mobile: +36 30 470 6762<br />

Email: tamas.mt@freemail.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

1 000 000 EUR<br />

renewaBle energy<br />

Pellet <strong>and</strong> Briquette factory<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

We are look<strong>in</strong>g for an <strong>in</strong>vestor who is able to partly f<strong>in</strong>ance our new pellet<br />

<strong>and</strong> briquette factory <strong>in</strong> <strong>Hungary</strong>. The factory will use base material from<br />

agricultural waste, which is freely available <strong>in</strong> our region. Our target market<br />

is Germany <strong>and</strong> the Netherl<strong>and</strong>s. The planned capacity of the factory is<br />

2 t/h for pellets or 1t/h for briquettes. We <strong>in</strong>tend to use mach<strong>in</strong>ery which is<br />

capable of us<strong>in</strong>g a very wide range of raw materials that can easily change<br />

production from pellet to briquette. Expected yearly production is approx.<br />

10 000 t/year. Expected yearly turnover is m<strong>in</strong>imum 1 000 000 EUR. (work<br />

<strong>in</strong> three shifts)<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

Amount 1 000 000 Euro <strong>in</strong> exchange for 20% of the company share<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

Expected <strong>in</strong>vestment return 4 years<br />

Stage of development<br />

Start-up company<br />

ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

<strong>Hungary</strong> has significant potential for the process<strong>in</strong>g of agricultural waste,<br />

as currently, this waste is not used for any other purposes. In addition there<br />

is significant EU dem<strong>and</strong> for pellets <strong>and</strong> briquettes. The bus<strong>in</strong>ess plan is<br />

based on sourc<strong>in</strong>g local cheap raw materials <strong>and</strong> sell the goods <strong>in</strong>to the<br />

premium end of EU market. This market is grow<strong>in</strong>g year by year <strong>and</strong> is a<br />

ready market for pellets <strong>and</strong> briquettes.<br />

Description of your product(s) <strong>and</strong>/or services<br />

Our product would be pellets produced from wheat straw, corn straw <strong>and</strong><br />

sunflower straw or other agricultural waste to EU st<strong>and</strong>ards DIN Plus <strong>and</strong><br />

ENPlus. Pack<strong>in</strong>g as 15 kg bags or big-bags (900 kg).<br />

Any other relevant <strong>in</strong>formation<br />

From f<strong>in</strong>anc<strong>in</strong>g, the factory will be <strong>in</strong> production with<strong>in</strong> 4 months. Be<strong>in</strong>g part<br />

of the operation from the beg<strong>in</strong>n<strong>in</strong>g will ensure full f<strong>in</strong>ancial transparency for<br />

the <strong>in</strong>vestor.<br />

contact<br />

<strong>in</strong>foRmation<br />

GeneralGep Kft.<br />

Mr Róbert Barát<br />

Mobile: + 36 20 222 4971<br />

Email:<br />

robert.barat@generalgep.hu<br />

<strong>Hungary</strong>, 6000 Kecskemét<br />

Egyetértés utca 33.<br />

mail: <strong>in</strong>fo@generalgep.hu<br />

www.generalgep.hu


fund<strong>in</strong>g<br />

RequiRement (euR)<br />

1 000 000 – 100 000 000 EUR<br />

depend<strong>in</strong>g on actual<br />

project size<br />

renewaBle energy ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Co-operation with the <strong>Hungarian</strong> Water Bus<strong>in</strong>ess<br />

Cluster<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Biotech, Renewable energy<br />

Executive summary<br />

The <strong>Hungarian</strong> Water Bus<strong>in</strong>ess Cluster is open to co-operation <strong>in</strong> any area<br />

related to the water <strong>in</strong>dustry:<br />

• plann<strong>in</strong>g, construction <strong>and</strong> operat<strong>in</strong>g of complex water purification<br />

plants<br />

• plann<strong>in</strong>g, construction <strong>and</strong> operat<strong>in</strong>g of wastewater treatment plants<br />

• construction <strong>and</strong> reconstruction of water or sewage networks; plann<strong>in</strong>g<br />

• construction, operation of water bottl<strong>in</strong>g plants<br />

• Water exploration <strong>and</strong> drill<strong>in</strong>g of different types of wells<br />

• construction of mobile water purify<strong>in</strong>g equipment<br />

• seawater desal<strong>in</strong>ation<br />

The <strong>Hungarian</strong> Water Bus<strong>in</strong>ess Cluster was established <strong>in</strong> 2008, its goal<br />

was to conjo<strong>in</strong> companies from the different areas of the water <strong>in</strong>dustry for<br />

a unified appearance abroad. Its advantages are the application of efficient,<br />

functional, but affordable technologies, together with world-class expertise<br />

<strong>and</strong> technical compliance. Currently there are 13 members. The activities of<br />

the Cluster cover the entire water management segment.<br />

Expected collaboration with <strong>in</strong>vestor<br />

Project Company: Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

Amount 1 000 000 – 100 000 000 Euro <strong>in</strong> exchange for 0 – 99% of the company<br />

share.<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

ROI m<strong>in</strong>. 10%<br />

max. 10 years<br />

Stage of development<br />

Project idea<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

The <strong>Hungarian</strong> Water Bus<strong>in</strong>ess Cluster was established <strong>in</strong> 2008, its goal<br />

was to conjo<strong>in</strong> companies from the different areas of the water <strong>in</strong>dustry<br />

for a unified appearance abroad. Its advantages are the application of efficient,<br />

functional, but affordable technologies, technical compliance <strong>and</strong><br />

world-class expertise. Currently there are 13 members. The activities of<br />

the Cluster cover the entire water management segment.<br />

Description of your product(s) <strong>and</strong>/or services<br />

The activities of the Cluster cover the entire water management segment<br />

from plann<strong>in</strong>g <strong>and</strong> construction to operation <strong>and</strong> monitor<strong>in</strong>g:<br />

• public utility (water <strong>and</strong> dra<strong>in</strong>age systems) operation/plann<strong>in</strong>g/construction/development/reconstruction<br />

• potable water purification/services/water packag<strong>in</strong>g/water treatment<br />

• water bottl<strong>in</strong>g<br />

• water loss/network loss treatment, reduction<br />

• communal <strong>and</strong> <strong>in</strong>dustrial wastewater treatment/purification<br />

• plann<strong>in</strong>g/realization related to flood prevention<br />

• water exploration/well drill<strong>in</strong>g<br />

contact<br />

<strong>in</strong>foRmation<br />

<strong>Hungarian</strong> Water Bus<strong>in</strong>ess<br />

Cluster<br />

Mr Csaba Haranghy<br />

Email:<br />

csaba.haranghy@t-onl<strong>in</strong>e.hu<br />

Mrs Júlia Hegy<strong>in</strong>é Szakonyi<br />

Phone: +36 1 951 2743<br />

Email: <strong>in</strong>fo@vizipariklaszter.hu<br />

www.waterbus<strong>in</strong>esscluster.eu<br />

www.vizipariklaszter.hu

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