Hungarian Defence Export Agency (VEX) main goal is to support the Hungarian defence industry in its development and help companies in selling their products and capabilities abroad.
The Government of Hungary has designated the Hungarian Defence Export Agency with the exclusive right to assist in the sale of products declared surplus for defence purposes (inkurrencia), to conduct the relevant procedures and to prepare the sales.
VEX concludes cooperation agreements with Hungarian defence companies and ensures that products and services are presented at international defence industry exhibitions with a unified Hungarian stand image.
Looking back across the centuries, the successful creation of a national defence industry has included three essential requirements:
First of all, the existence of external or internal security challenges. We need to understand why we must make sacrifices to protect our homeland, our people, and our core values.
We can all see that the threat exists and in recent years is has been growing steadily. The second pillar - having strong political commitment is vital.
You cannot build your castle on quicksand, nor is it possible to expect overnight success. A key component of this is political stability, for which Hungary has been providing an exceptional environment for many years now.
Finally, robust economic resources are needed. In such complicated times, thisis a huge challenge for every country. In this regard defence is considered top priority for the Hungarian Government.
The Hungarian Defence Export Agency Ltd. supports the foreign market expansion of its export-ready contract partner companies through the Agency’s own formal network, and by relying on its close professional relationship to the defence and foreign trade attachés in service worldwide.
Our business development specialists and the staff of experts in our Berlin-based branch office identify the best potential customers for the goods and services of our Hungarian partners, and promote the exportable products and services of the contracted companies.
Along the demand from abroad, we promote domestic manufacturers and create business opportunities.
To do this, we maintain an up-to-date database of domestic exporting companies and aim to work as closely as possible with our Hungarian partners and identify the best suited opportunities for them.
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