When was the Joint Venture Association started ?
The Joint Venture Association's predecessor, the Joint Venture Club (JVC) was established 24 years ago in 1986, well foregoing the political system transformation. The JVC was operating under the umbrella of the then Hungarian Chamber of Commerce, and converted into a full-fledged association with legal personality in 1991.
Which are the Association's main objectives ?
In the quality of "foreign and local investors' interest pool", the JVA is concerned with sustaining and constantly improving the economic and investment environment, while focusing on the boosting of the investors' competitiveness, which is no doubt, the top priority.
Why should an enterprise join the JVA?
The JVA membership offers excellent networking opportunities to companies. Regular meetings, business dinners and lunches, conferences and alike provide superb chances for new contacts to business people of various sectors of the economy and open outlook to current high-standard professional information of all kind. In addition, the Association's members have themselves discovered, that inside a strong and representative organisation it is by far easier to jointly implement certain common interests and find solutions to generally prevailing problems, than in any solitary actions.
How many members has the JVA and what is the membership's composition?
The JVA currently counts about 300 registered members, some of them groups of companies. On top of it, there are some 1000-1500 enterprises somehow associated with the Association. About a third of the members are significant international companies and the rest is made up of SMEs. The members national attachment is very colourful and displays the structure of foreign investments in Hungary: Austrians, Germans, US-Americans, Italians, Dutch - altogether 35 different countries' investors are on the platform. Although the Association has persisted - out of mere traditionalism - to the term "joint venture" in its name, the majority of its members is no longer in mixed ownership, but wholly foreign-owned, for the last two years also entirely Hungarian-owned companies have been admitted.
What is the relation of the JVA to government organisations?
It is important, that the organisations attached to the actual government always take the Association as a partner, which aims at problem solving only and not at looking for conflicts. We have evolved specific cooperation with ministries and other authorities (Ministry of Health, Interior Ministry, VPOP, Immigration Office), and along this channel the members' problems and other important issues may more smoothly be communicated. The JVA participates in the Competitiveness Council, in the Investors' Council and the Economic & Social Council attached to GKM (Ministry of Economy and Transport).
Which are the JVA's leading services for members?
The members receive all information in electronic form. ? On the JVA homepage members get access to all specific information like conferences, analyses, etc. by means of individual code. ? If required, free of charge advice on taxation, customs, legal and labour issues. ? Members are charged special registration fees on JVA events, or are sometimes admitted free of charge, in contrast to non-member fees. ? Foreign subject employees of member companies are entitled to VIP service at foreigners' administration offices. ? Members frequently grand each other mutually discount on products and services. ? Members may publish information on their services in the JVA Newsletter and/or flash-news service. ? In the Newsletter jobs wanted and real estate offers from members are regularly published. ? Member companies may delegate members to actively participate in the various JVA professional committees. ? At various events of the JVA, members are provided ample chance of business networking.
In what form offers the Association its information service to members?
Fitting our times and the members' needs, the Association presents its information to members by means of e-mails. In addition, there are the traditional forms, like conferences, seminars, manager forums - frequently with prominent personalities from government, the economy and politics, as guest speakers.
How the professional activity proceeds?
Due to the fact, that the JVA members' business activity is not restricted to a single profession, but covers most of the economy, all major issues typical for an economic entity crop-up, like customs-, taxation-, HR management, ethics, etc. Highlight topics are taken care of by experts, under the guidance of the Presidium. For example: the performance management of the public service, economic strategy issues, taxation, etc.
The professional activity is focused on various committees, in which candidates of any members may get involved. These committees provide the professional background for JVA conferences, comment relevant law amendments, legal acts and regulations, as well as elaborate on propositions for the Presidium and - according to necessity - for decision-makers; they also regularly deliver information for the members. Principal committees:
EU Committee, Taxation Committee, Ethics Committee, Economic Strategy Committee, Environment Protection Committee, Public Procurement Committee, PR Committee, Capital Export Committee, Innovation Committee, SMS Committee, Health care, ExPat's Club.
What are the long-term plans and objectives of the Joint Venture Association?
In the European Union, business associations representing the actors of the economy, play a significant role and they do count a lot. These organisations are most aware of the economic interest, without them successful decisions may hardly be made. The JVA strives to achieve, that also in our country, interest pools should be made unavoidable, to be involved in the social dialogue, in veritable decision-making, as it is occasionally the case already. Another objective is to eliminate the distinction between local and foreign investors, to boost the competitiveness of SMEs, too. We accentuate the developing of an enterprise-friendly and quality-oriented approach in public service. Backed by its members' experiences, the Association is willing to cooperate also in this regard, but does not loose sight of the original aim of rendering daily assistance to its members' business conduct, focusing at making them as successful as possible in their respective field of operation.
How and under which terms to become member of the JVA?
The completion of an Application Form (obtainable from the JVA Secretariat: phone 489 0368 or downloadable from the JVA website: www.jointventure.hu ) is required and sufficient.
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