WEST PANNON REGION - HUNGARY -

Introduction in to the West - Pannon Region

 

. Open Borders 4 countries and speaks 7 languages

. Gate way to Europe 60 % of transport and goods leaves Hungary here

. Innovation paradox GDP is not all: No. of researchers half of national average

. Prepared Has wide experience in EU assisted program implementation

 

Why the region of initiatives?

. Dynamic economic development (60% of EU 25 GDP)

. Outstanding foreign capital involvement

. Open economy, steadily growing and quality export

. Highly qualified workforce, high employment rate

 

Business landscape overview

. in the rank of GDP per capita West Pannonia is the 2nd

. Győr-Moson-Sopron 2nd, Vas 4th and Zala 6th in county order

. industrial production since 1991 tripled

. the highest economic activity is in Vas - 42,8% of actives within the total population, in Zala the lowest with 38,5%

. the level of un employment never exceeded 10%, however there are significant differences within the region

 

Pro's for the region

. geographic location - Austrian, Slovenian, Croation and Slovakian border

. quality of the human resource

. high level of economic activity , low level of un employment - app. 6%

. relatively balanced economic structure - employment: 4% in agriculture

. 43% in industry and 53% in service sector

. with respect to GDP after Budapest the most advanced region

. high ratio of foreign investment

. various touristic attractiveness is guaranteed by thermal water, natural environment, wine and gastronomy, cultural programs, traditional values

 

Con's

. the modern, business-related vocational training suffers weaknesses

. lack of integration of education institutions on regional level

. despite of low unemployment, threat of companies leaving is valid

. though in Hungary GDP is high, it is far behind EU average

. low integration of multinationals into local economy

. R+D level is low , within Hungary as well

. average salary level is only 90% of national average, irrespective of high GDP

. differences within the region are significant, both economicly and socially

 

Sectoral profile

. role of agriculture further decreased , from 7% in mid90s to 4% in 2002

. in industry the cheap labour based companies left , or leaving

. within the industry food and light industries were devaluated

. machinery industry gained share, in Gy-M-S the car manufacturing, in Vas machinery parts, communication technical manufacturing

. in food industry meat processing, dairy and beverage branches are significant

. chemical industry started heavily based on CO2 resource in Vas

. in wood processing the ASZTALOS branch is strong

. textile industry is fragile, as it is based on cheap labour force costs, suffering from decline

 

Tourism profile

. tourism is decisive , 2/3 of settlements is related to tourism, 8 out of 26 national touristic regions is here

. thermal tourism is the most important, Zala leading, spas in 22 settlements, with internationally competitive service level

. healing spas : Balf (Sopron), Bük , Győr, Hévíz , Kapuvár, Lenti, Mosonmagyaróvár, Sárvár , Szeleste, Zalakaros , thermal spa in further 12 settlements

. 77 settlements belong to wine regions , the most important ones are Pannonhalma, Sopron, Somló, Balatonfelvidék - wine routes, wine festivals and celebrations

. Bicycle tourism is also significant, 300 km road-surface, more than 20% of the total national

 

Central East European concentration of OEM's (car and engine plants)

By 2006 . Approx. 4-5 million cars in CEE . Approx. 900.000 cars within 120 km of Györ . Approx. 3.5 million engines within 300 km of Györ . Approx. 2.5 milion enignes within 160 km of Györ

Pannon Business Initiative

Objectives:

. The development of industries with competitive advantage in the region into networks,

. The creation of new integration contacts,

. The definition of regional economic priorities for the distribution of government support,

. The compatibility of clusters operating in the region.

 

Clusters in the region

. Automobile industry - Panac

. Machinery industry - Chamber of Commerce

. Thermal and spa tourism - Thermal Cluster

. Wood industry - Wood cluster

. Local products cluster

. Textile cluster

 

Download

Pannon Business Initiative CD
[PannonEuRegio.zip - 515Mb]
The CD contains essential information about the economic development activities and projects of Pannonia.
Please visit the website of the Pannon Business Initiative here: http://www.pgk.hu