Tuesday, November 8, 2011

Karcag, a low-cost and food industry focused site in Hungary


The Financial Times’ fDi Magazine ranked the Karcag-involved “Northern Great Plain Region” (Észak-Alföldi Régió) on nr.1 doing business location in Eastern Europe. The study investigated the business environment, infrastructure, current business trends and FDI strategies of competing locations.



Karcag is a little town in the center of the region, beside the nr.4 highway and 60 kms from the M35 motorway. The town has a strong food economic profile: more than thousand tons cereal is grown on 33,000 hectares (82,000 acres) agriculture land around Karcag and the 1.5 million hectares lands of the Region are the main fruit and vegetable growing area. Karcag and the Region is a leading poultry and animal husbandry location of Hungary.


Food industry-focused local education

One of the 3 local secondary schools in Karcag has a focused food processing profile: beside vocational (secondary) education, the school provides also technician (upper) trainings on this field. From 2012, the Ministry of Rural Development will take part in future development of Karcag food processing education and local talent management.

Fast start-up in Karcag Industrial Park

The Karcag Industrial Park has prepared real estate development projects: manufacturing and warehouse halls with procured building permits. Preparation includes plans and permissions, so the Park can deliver a brand new facility in 4-6 months. Beside the real estate development, Karcag Industrial Park provides interim management solutions: newcommer investors can lease experienced HR, engineering, financial etc specialists to speed up the start-up phase.

Karcag Industrial Park located by the main route nr.4, which connects Budapest and Western Europe to Ukraine and Russia. The Germany-based food retail company, REWE has the Eastern-Hungarian distribution centre in the Park. The REWE evaluated the logistic potential of Karcag Industrial Park: the nearness of suppliers and consumers.