The Recycler
  • Static Control June 2022 Masthead Ad
  • Katun March Web Advert 2021
  • Ninestar web banner November 2022 Masthead
  • Biuromax Web banner June 2022

Hungary demonstrates circular commitment

Hungary demonstrates circular commitment

December 4, 2018

At the end of November 2018, a Circular Economy Platform was established in Hungary at a ceremony attended by 33 key figures.

As the Budapest Business Journal reports, the Platform is an initiative developed by the Business Council for Sustainable Development in Hungary, the Embassy of the Kingdom of the Netherlands, and the Ministry for Innovation and Technology.

At the ceremony inaugurating the Platform, 33 leaders of companies, organisations and institutions personally signed a Memorandum of Understanding.

According to the BCSDH, transitioning to the circular economy “represents a great business opportunity”, worth $4.5 trillion (€3.9 trillion) by 2030.

“The BCSDH and its partners play a prominent role in facilitating the paradigm shift and joint thinking, along with building a community of forward-thinking change leaders and sharing business solutions that make a real impact,” stressed Attila Chikán Jr., president of the BCSDH. “For the new model to develop and spread, collaboration and knowledge-sharing are required, with the involvement of businesses, government and science,” he added.

“I am proud that we were one of the first countries to set quantitative targets for a circular economy,” explained René van Hell, Ambassador of the Kingdom of the Netherlands in Hungary, at the ceremony. “But this is still not enough for us – we set the bar even higher: the Netherlands is working hard to achieve an economy without waste, an economy that reuses raw materials. We want to have a completely circular economy by 2050.”

“ING Bank considers it a key task to assemble the most important stakeholders who envision a circular economic transition in Hungary at a forum which creates a great place for sharing global experiences,” commented Tibor Bodor, CEO of ING Bank N.V. Hungary Branch.

Categories : Around the Industry

Tags : Circular Economy Platform Economy Hungary ING Bank Netherlands

  • Static Control June 2022 Big & Bold Ad
  • GPI November 2022 Web advert
  • Apex Web Ad September 2022
  • Aster November 2022 Web advert
  • IR Italiana Web ad January 2021
  • Ink Tank November 2022 Web banner
  • Mito Web Ad September 2022
  • GM Tech Web ad September 2022
  • PCL Web ad January 2021
  • HYB October 2022 Web banner
  • Zhono Web Ad October 2022
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • CET June 2022 Web ad
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • HYB October 2022 Web banner
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • Zhono Web Ad October 2022
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • CET June 2022 Web ad
  • Zhono Web Ad October 2022
  • HYB October 2022 Web banner

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark