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COVENT Capital Investment Co. Ltd

The legal predecessor of our company, Industrial Venture Capital Ltd. was transformed as a company limited by shares in 1993. The company continued its activity from 1999 under the name of COVENT Industrial Capital Investment Co. Ltd, from 2004 COVENT Capital Investment Co. Ltd., with a share capital of HUF 618 million.

Special fields  

I. Industrial property development

The principle activity of our company encompasses industrial property development, property utilisation, and especially the establishment and operation of rehabilitated industrial parks.

Our activity in industrial property development involves the following process: after the settlement of the proprietary rights of an industrial area-closed down on account of restructuring-we strip it of environmentally harmful elements. This is followed by any demolition work deemed necessary, and landscaping. Next, we renovate the remaining buildings, and develop (or rebuild) the infrastructure. As a result, the area becomes suited for industrial usage, presenting an excellent opportunity for enterprises that wish to move in.

Operation of industrial parks

By offering complex legal, financial and entrepreneurial services, and by sharing the experiences of many years, our company seeks to help the operation of enterprises who decide to take advantage of our industrial premises.

Our portfolio consists of Ózd Industrial Park and Bicske-M1 Industrial Park and Logistic Centre, both of which we operate and develop.

   
Ózd Industrial Park  

The project involved-parallel with the overall reorganisation of the steel industry of Borsod-Abaúj-Zemplén county in crisis-hit North Hungary-the creation of a new, rehabilitated industrial park, on some 51 hectares of the original industrial plant at Ózd, with an eye to contributing to the economic transformation and structural changes of the region, and promoting a fresh entrepreneurial environment. Over 80 enterprises are already operating on the premises, employing some 1,400 people. The cheap and diversely qualified labour available, the proximity of the markets of the neighbouring countries, the regional preferences and tax allowances granted for the creation of jobs, infrastructural development, and rehabilitation make Ózd Industrial Park an ideal place both for Hungarian and foreign investors. The development and complex utilisation of the park is undertaken by Ózd Industrial Park Ltd., under the majority ownership of COVENT Co. Ltd.




   

Bicske-M1 Industrial Park and Logistic Centre

The project involves the development of an industrial park and logistic centre on the former mining plant at Nagyegyháza. Following reorganisation, the industrial park will provide the facilities (workshops, offices, infrastructure, etc.) for a freight vehicle terminal, warehouses, a goods station, a logistic centre, and a centre for research and development and manufacture, on an area of 60 hectares. The industrial park is, for the most part, recultivated and awaiting entrepreneurs to move in. The full infrastructure will be completed within a year. The complex is favourably located 48 kilometres from Budapest, on both sides of the M1 motorway, and on the Budapest-Hegyeshalom railway. The project is managed by Bicske-M1 Industrial Park and Logistic Centre Ltd., under the majority ownership of COVENT Co. Ltd.




 

II. Innovation investments  

Relying on our company traditions and expertise, and following thoughtful selection, we are ready to participate in a small number of original Hungarian innovations and developments which are close to practical realisation. Such co-operative projects include the following:

- patenting innovative ideas, utilisation of inventions
- industrial legal remedy, engineering and agent services
- industrial introduction of innovative projects



III. Entrepreneurial services

The experience our company has gained over the years, and the excellent business connections it has developed may contribute greatly to the success of your enterprise. We offer our services in the following areas:

- industrial property organisation, financing of industrial parks
- project management
- asset & portfolio management
- organising capital- and co-financing
- marketing strategy and image development
- legal and tax consulting



The good example of this operation of this activity is the creation of Bicske-M1 Industrial Park and Logistic Centre Ltd. and the Ózd Industrial Park Ltd.



IV. Investments

Our company as an investor takes part in the enterprises on the following ways:

- majority ownership in companies founded by COVENT Co. Ltd.
- minority ownership in enterprises that have operated successfully

We do not wish to remain shareholders in businesses for long terms; our objective is portfolio mobility, and to withdraw our capital from enterprises as soon as possible, with a capital gain. A good example of the operation of this activity is the creation of the VIVIEN Mineral Water and Beverage Co. Ltd.




 

 

IV. CONTACT INFORMATION

 

Address:                COVENT Capital Investment Co. Ltd..

                            H-1122 Budapest, Maros u. 27.

Correspondence:     H-1537 Budapest, Pf. 335.

Phone:                   (36-1) 355 2493

Facsimile:               (36-1) 202 2381

E-mail:                    mail@covent.hu  

Homepage:                 www.covent.hu

   

Telephones (answering machine*):
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CEO

János Antal Bolyky                                               *(36-1) 355 2493  
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Secretariat

Györgyi Bereczkei, Head of Secretariat                         *(36-1) 355 2493  
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Corporate Investment Division  

Géza Balázs Popovics, Investment Director                       (36-1) 202 2410  
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Development Investment Division                                (36-1) 356 8496

                                Development Director  
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Directorate for Finance

Margit Szász, Chief Accountant                                      (36-1) 356 8800  
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Legal Representative

Dr. Éva Kardos, Lawyer                                                (36-1) 202 1215  
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  YOU HAVE AN IDEA - WE HAVE THE CAPITAL

YOU HAVE THE CAPITAL - WE HAVE PARTNERS

YOU HAVE PARTNERS  -  WE HAVE INFORMATION