Seven companies explore business opportunities in Poland and Hungary with Asturex

Multi-sector trade mission

The objective of this foreign promotion action is to present commercial opportunities for the Asturian business fabric, as well as to publicize the potential of Asturian companies and their possible commercial fit in these markets.

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The Foreign Trade Promotion Society of the Principality of Asturias, SA ( Asturex ), organized a multi-sector trade mission to Poland and Hungary for the Asturian companies ACE COATINGS SL, ASTURMADI DOORS SL, ATOX SISTEMAS DE ALMACENAJE SA, CONTENEDORES Y EMBALAJES, DESARROLLO DE EXTERIORES EXTRATEGIAS SA, DISTRIBUIDORES SOLARES DEL PRINCIPADO SL, and TEMPER ENERGY INTERNACIONAL SL

 

From March 26 to 31, they will maintain a busy schedule of meetings with potential clients to prospect in these markets and initiate or consolidate sales in them.

The aim of this international promotion initiative is to present business opportunities for Asturian companies, as well as to showcase the potential of Asturian businesses and their possible commercial fit in these markets. The Director General of Asturex, Bruno López Vizcón , is accompanying the Asturian companies with a comprehensive institutional agenda focused on strengthening the Principality of Asturias's relationships in both markets.

Asturex will hold meetings in Poland with ARMSA (Masovia Development Agency), PARP (Polish Business Development Agency), PHIG (Polish-Spanish Chamber of Commerce), WIG (Warsaw Chamber of Commerce), and KIG (National Chamber of Commerce). In Hungary, Asturex will meet with the Economic and Commercial Office of the Spanish Embassy in Budapest, HEPA (Hungarian Export Promotion Agency), and Magyar Kereskedelmi és Iparkamara (Hungarian Chamber of Commerce and Industry).

After several months of negotiations, and with the aim of strengthening trade relations between Asturian and Hungarian companies , ASTUREX has signed a Memorandum of Understanding (MOU) in Budapest with HEPA (Hungarian Export Promotion Agency).

Business opportunities

By studying business opportunities in more traditional markets that have regained particular relevance after the pandemic, such as European markets , Asturex offers Asturian companies the possibility of diversifying their client portfolio by venturing into high-potential markets. The company has continuously monitored these markets and the business opportunities they may present for companies in our region.

 

Poland:

Ambitious development plans for infrastructure sectors (ports, roads, railways). 

In the conventional energy sector, opportunities exist in combined cycle power plants, gas, and nuclear energy. Poland's Energy Policy 2040 anticipates a 30% reduction in CO2 emissions by 2030 (compared to 1990 levels), with coal accounting for 60% of the energy mix and renewables for 21%.

In the renewable energy sector, the development of offshore wind energy in the Baltic stands out. According to the Polish Energy Plan 2040, 5,6GW of power will be built in the Polish Baltic until 2030 and 11GW until 2040. The total planned investment is estimated at around €29 billion. Several Spanish companies, including Iberdrola or Acciona, are interested in the development of these projects. 

The Polish Energy Plan until 2040 also includes the construction of the first 1-1,6 GW nuclear power plant and other nuclear units every 2-3 years.

Opportunities in the urban solid waste (MSW) management sector. 

Hungary:

Industrial products and technology, consumer goods, automotive, agri-food and beverage sector and ICT sector present commercial opportunities.  

Asturian exports 

Asturian exports to Poland in 2022 reached 287,6 M euros.

In the case of Hungary, Asturian companies exported 2022 million euros in 6,1