renewaBle energy in Hungary - ewrhungary.com fileArAb – HungAriAn Economic Forum – 2012 Budapest renewaBle energy in Hungary Hungary has excellent natural resources for the utilization

A r A b – H u n g A r i A n E c o n o m i c F o r u m – 2 0 1 2 B u d a p e s t

renewaBle energy

in HungaryHungary 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.

r e n e w a B l e e n e r g y A r A b – H u n g A r i A n E c o n o m i c F o r u m – 2 0 1 2 B u d a p e s t

R e a s o n s t o i n v e s t i n H u n g a R y• 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 repre-sents 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 poten tially 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 govern-

ment• Over 200 industrial and technology parks of international quality avail-

able for green and brown field developments

o v e R v i e w

SoLAr EnErgY in HungArY

There is notable solar potential in Hungary, currently however only a limi-ted 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

Introduction


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, inclu-

ding SEKAB, Rossi Biofuel, United BioFuels

• New investments in biomass R&D: Monsanto, Pioneer HiBred and

Agritrade SRL

a l R e a d y i n v e s t e d

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 renew-

able energy sources reached 7.56%. The contribution from large-scale wind

turbines with power plant capacities was approximately 3.2%. The cur rent

wind energy capacity will double by 2020, which is important for the deve-

lop ment 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 alti-

tudes.

biomASS & biogAS in HungArY

Hungary possesses excellent agro-ecological conditions for the competi-

tive 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.

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

i n v e s t m e n t s u m m a R y

industry

Renewable energy

Executive summary

Our companies specialize in energetic innovation and environmental tech-nologies. 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 univer-sities. 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.

investment objective

Strategic investor

Expected collaboration with investor

Joint Venture partner, Capital increase B u s i n e s s s u m m a R y

Provide a short description of the business

In recent years, the joint effects of environmental anomalies, the global finan cial crisis and the hunger for energy have required the appearance of such competences which coincide with the market demand for new servi-ces. These issues can be addressed through creating ventures which are innovative medium size enterprises, capable of providing services by match -ing 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.

Description of your product(s) and/or services

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 intro-duction. 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.

Any other relevant information

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


Different energy technologies

contact

infoRmation

Olajgép-Tec Ltd. Co.

Mr Pál FarkasEmail: [email protected]

Mr Sándor Nyári Email: [email protected]

Hungary, 5940 Tótkomlós, Vasvári Pál utca 15.

www.olajgeptec.hu

funding

RequiRement (euR)

Negotiable, according to the content

and size of the project

r e n e w a B l e e n e r g y


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 com-bining 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.


Financial investor


Joint Venture partner, Capital increase

investment return indicator

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)

B u s i n e s s s u m m a R y


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).

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.

Ethanol buyer Mitsui is ready to buy as much bioethanol as Hungary can pro-duce. The team is prepared for the construction and also for the operation.


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 €/yBiofertilizer (~29.000 t/year) sales volume: 600 000 €/ySales 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).


Bioethanol, Biogas and Biomass Plant in Visonta

contact

infoRmation

HBT Helvécia Bioüzemanyag Termelő és Ker. Kft.

Mr Tibor Érsek Mobile: +36 30 488 1141Email: [email protected]

funding

RequiRement (euR)

95 000 000 EUR(for finishing the plant)

Total investment: 112 500 000 EUR



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.


Financial investor


Joint Venture partner, Capital increase


6 years



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 manu facturers and customers will replace the standard-based products with degradable plastic.

Our company owns the exclusive contract for the Hungarian manufac-turing and distribution rights, and for Austria, Czech Republic, Slovakia, Slove nia, Croatia, Serbia-Montenegro, Romania, Ukraine, Switzerland, Norway and Sweden.

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.


We will fabricate biodegradable plastics with a completely different techno-logy, using crystalline (PVA) base materials with the direct addition of addi-tives 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 aver-age 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.

B i o t e c h n o l o g y , l i f e s c i e n c e s A r A b – H u n g A r i A n E c o n o m i c F o r u m – 2 0 1 2 B u d a p e s t

funding

RequiRement (euR)

60 000 000 EUR

Production of Biodegradable Plastic Finished Products, Granules, PVA (base material) in Hungary/ Finished Products in other Countries

contact

infoRmation

BIOPLASTIC HUNGARY/ EUROPE Ltd.

Mr József ZsebeEmail: [email protected]


industry

Renewable energy

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 paten-ted 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 independ-ently 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 produc-tion, 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 pro-perty and only require the buildings and machinery.


Financial investor


10 years

Stage of development

Start-up company

B u s i n e s s s u m m a R yProvide a short description of the business

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 ener-getically 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 con-siderable profit as it can fuel additional production with very little addi-tional 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 signi-ficant income.


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


funding

RequiRement (euR)

60 000 000 EUR

Plant for the Reclamation of Electronic Waste Products at Tiszapüspöki

contact

infoRmation

EWR-Hungary Kft.

Mr Csaba Szalay

Mr Tamás MészárosMobile: +36 30 470 6762Email: [email protected]

Hungary, 1137 Budapest,Szent István körút. 2. fsz. 4.

www.ewrhungary.com


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).

The biogas firm is part of the project because of exploitable technical sew-age.


Financial investor


Acquisition of company


ROI: 8,3 years


Start-up company



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 produc-

tion data): HUF 7.581 billion

This results in an average profit margin of 10.7%, which is a very good figure for a project of this capacity.


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 non-desirable additional compounds are used in a biogas plant. The calcium lactate produced by fermentation goes through a concentration method. Concent rated calcium lactate is a marketable product in itself. Sulphuric acid is added to produce lactic acid, which is further purified through distil-lation 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 sys-tem, 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.


Hunest Biorefinary Ltd.

contact

infoRmation

Nitrokémia Co. Inc.,Hunest Ltd.

Email: [email protected]

www.nitrokemia.hu

funding

RequiRement (euR)

50 000 000 EUR



industry

Renewable energy

Executive summary

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 coopera-tion 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.


Financial and Strategic investor


Joint Venture partner, Capital increaseAcquisition of company


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



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 €/yDDGS livestock food (~58,700 t/year) sales volume: 18 000 000 €/ySales 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).


Bioethanol Plant in Visonta

contact

infoRmation

Visontai Bioetanol Fejlesztő Kft.

Mr Tibor Érsek Mobile: +36 30 488 1141Email: [email protected]

funding

RequiRement (euR)

41 760 000 EUR (for finishing the plant)

Total investment: 44 210 000 EUR



industry

Renewable energy

Executive summary

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 manu-facturing and sale of hybrid-, trolley buses and minibuses. The business management and designing process of the buses is done at the site of ope-ra tion, hybrids and trolley buses are made in Pecs. Coach-building is car-ried 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.


Financial investor


Joint Venture partner, Capital increase Amount 15 000 000 Euro in exchange for 50-55% of the company share


10 years


Start-up company


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 EURProfitability index (Pi): 5.7internal 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 surround-ings, and possess DIN, and EU qualifications, and like our partner have ISO qua lity control systems. In addition, our company monitors and assures the control of local, ongoing manufacturing. All sales and logistics will be per-formed at the company’s headquarters.


Production of Beta Buses

contact

infoRmation

Beta Busz Kft.

Mr Szabolcs Dicsö Mobile: +36 20 286 7222Email: [email protected]

Hungary, 7630 Pécs, Németh M. utca 3.

Hungary, 7630 Pécs,Koksz utca 91.

funding

RequiRement (euR)

15 000 000 EUR



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 pre-mier 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


Joint Venture partner, Capital increase Amount 60 000 000 Euro in exchange for 95% of the company share

investment return indicator 5 years


Start-up company


The shortage of the petroleum resulting in higher prices has led the auto-motive 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.

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 environ-mentally friendly manner.


Turnkey factories to manufacture and sell locally It envisages the notion of Dealer/Manufacturer/Associate by proposing turn-key factories in order to produce and sell locally. Contrary to huge conven-tional 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.


funding

RequiRement (euR)

15 000 000 EUR/factory60 000 000 EUR

for 4 types of vehicles

Establishment of a compressed air motor vehicle production line

contact

infoRmation

MUNEDAL S.A.

Dr Iván TarjánPhone: +598 94 027 890Email: [email protected]


industry

Renewable energy

Executive summary

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.

investment return indicator 5 years return period with a target average annual ROI of 30%


Ramp up/growth phase



ALTEO was established in 2008 as an energy production and energy serv-ices 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.


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 gene-rating 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 inves-ted 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

aggre gate 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.


funding

RequiRement (euR)

Targeted funding requirement is

5 000 000 – 7 000 000 EUR

Investment opportunity in the renewable energy operations of ALTEO Plc

contact

infoRmation

ALTEO Energy Service Providing Plc.

Mr Domonkos Kovács, Member of the Board, Chief Investment OfficerPhone: +36 1 474 9782Mobile: +36 20 970 9748Email: [email protected]

www.alteo.hu


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 look-ing for financial investors for the second field of our business in buying pro-duction fields for SRC and establishing places of use for the biomass.


Financial investor


Amount 3 000 000 Euro in exchange for 51% of the company share

investment return indicator 7 years


Start-up company



There is significant potentials in the production of SRC/ biomass in Hun-gary 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 pro-ducing large amounts of food and energy. In Hungary there is shortage of these kinds of activities, therefore there are considerable opportunities for developing it.


1. Developing production fields of short rotation coppice2. Harvesting of biomass.


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.


funding

RequiRement (euR)

3 000 000 EUR

Biomass-based complex regional development solutions

contact

infoRmation

Bionova Hungary Ltd.

Mr Zoltán Hamar Mobile: +36 20 355 5136Email: [email protected]

Mr Gergő Vajner Mobile: +36 20 547 3519 Email: [email protected]

www.bionova.hu


industry

Renewable energy

Executive summary

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


Acquisition of company

investment return indicator The time of the return: 2012


Start-up company



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.


funding

RequiRement (euR)

Tőke Fém Ltd. purchased: 850 000 EUR

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

Selective distribution of scrap metal and scrap vehicle registered project management

contact

infoRmation

Vitech Kft.

Mr István MátéMobile: +36 70 616 3936Email: [email protected]


industry

Renewable energy

Executive summary

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 direc-tor 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 fore-front. 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



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.

The manufacture of rubber products in Hungary exceeds 150,000 tons. We can realistically plan that that our manufactured regenerated rubber pro-ducts, 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 quali-ties, 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 regene-ration 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.


Rubber Regeneration

contact

infoRmation

JÁ-ID Ferrum Kft.

Mr János Juhos

Mr Tamás MészárosMobile: +36 30 470 6762Email: [email protected]

funding

RequiRement (euR)

1 666 667 EUR



industry

Renewable energy

Executive summary

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)


Financial investor


Joint Venture partner, Capital increase Amount 1 000 000 Euro in exchange for 20% of the company share


Expected investment return 4 years


Start-up company



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.


Pellet and Briquette factory

contact

infoRmation

GeneralGep Kft.

Mr Róbert BarátMobile: + 36 20 222 4971Email: [email protected]

Hungary, 6000 KecskemétEgyetértés utca 33.

mail: [email protected]

www.generalgep.hu

funding

RequiRement (euR)

1 000 000 EUR



industry

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

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 com-pany share. investment return indicator ROI min. 10%max. 10 years


Project idea



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 effi-cient, 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.


The activities of the Cluster cover the entire water management segment from planning and construction to operation and monitoring:

• public utility (water and drainage systems) operation/planning/construc-tion/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


funding

RequiRement (euR)

1 000 000 – 100 000 000 EUR depending on actual

project size

Co-operation with the Hungarian Water Business Cluster

contact

infoRmation

Hungarian Water Business Cluster

Mr Csaba HaranghyEmail: [email protected]

Mrs Júlia Hegyiné SzakonyiPhone: +36 1 951 2743Email: [email protected]

www.waterbusinesscluster.eu www.vizipariklaszter.hu

renewaBle energy in Hungary - ewrhungary.com fileArAb – HungAriAn Economic Forum – 2012 Budapest renewaBle energy in Hungary Hungary has excellent natural resources for the utilization

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