Investrategy a Külföldi Működőtőke-Beruházások Vonzásának Stratégiája Zala Megyében Sector Analysis of Zala County (Summary)
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INVESTrategy A külföldi működőtőke-beruházások vonzásának stratégiája Zala megyében Sector analysis of Zala County (Summary) INVESTrategy/ZMKIK/1/2013 A Zala Megyei Kereskedelmi és Iparkamara megrendelésére készítette a Budapesti Gazdasági Főiskola Gazdálkodási Kar, Zalaegerszeg kutatócsoportja: Dr. Solt Katalin főiskolai tanár, dékán Dr. Losoncz Miklós egyetemi tanár Zsupanekné Dr. Palányi Ildikó, BGF GKZ, főiskolai docens Dr. Antal Anita, BGF GKZ, főiskolai docens, Lambertné Katona Mónika, BGF GKZ, egyetemi adjunktus Deákné Gál Anikó, BGF GKZ, főiskolai adjunktus Zalaegerszeg, 2013. szeptember 2 Sector analysis of Zala County / Summary / 3.6.1. Vehicle manufacturing and mechanical engineering Engineering industry In 2010, the total number of enterprises was 2720 in the engineering industry with a seat of Zala County. The dominant legal form was Limited Liability Company (59 percent of the total), and few were sole proprietors (15 percent). 99 percent of the enterprises were Small and Medium Sized Enterprises in the engineering industry. 81 percent of them are micro, 13 percent are small, and 5 percent are medium-sized enterprises, while the proportion of large companies doesn’t reach 1 percent. In 2009, 272 enterprises operated with foreign capital, of which 65 percent were 100 % foreign-owned enterprises. The following year, as for the number of enterprises, foreign investment decreased, but the number of 100% foreign owned enterprises increased. From 2009 to 2010 foreigners invested 16 percent more capital (28.1 billion HUF) into the engineering industry. The distribution of enterprises by size-class in the engineering industry in Zala County, 2010 Source: Yearbook of Zala County, National Bureau of Statistics, 2011 2 3 Some characteristic features of foreign owned engineering enterprises, 2009-2010 From From Foreign Foreign which: which: Number of Direct Number of Direct Name 100% 100% organizations Investment, organizations Investment, foreign foreign- billion HUF billion HUF owned owned Year 2009 2010 Data 272 178 179,2 267 181 207,3 Source: Yearbook of Zala County, National Bureau of Statistics, 2011 From the foreign owned enterprises of Zala County the engineering sector represents only 1 percent in 2010, and 8 percent of the industry as a whole. In 2011, the number of employees were 4762 in Zala County, 97 percent of them were full-time. Nearly three-quarters of full-time employees (74 percent) have manual work because of the nature of the sector. The engineering industry gave work to almost the quarter of people in manufacturing. The revenue production capacity of the enterprises of the sector in Zala County was in a progress, the revenue of the sector doubled between 2009 and 2011. Engineering enterprises mainly and in a growing extent sale for export. Engineering is the fifth biggest revenue production branch (from the 13 branches) in the manufacturing industry. The development of sales revenue of engineering enterprises of Zala County, 2009-2011 (million HUF) Source: Yearbook of Zala County, National Bureau of Statistics, 2011 3 4 Manufacture of motor vehicles In the vehicle manufacturing, the number of enterprises was 712 in 2010. The legal form of the enterprises was mainly Limited Liability Company. The distribution of vehicle enterprises in Zala County by legal form 2010, (%) Source: Yearbook of Zala County, National Bureau of Statistics, 2011 90 percent of the enterprises were Small and Medium Sized Enterprises in the sector of manufacturing of motor vehicle. 64 percent of them are micro, 13 percent are small, and 14 percent are medium-sized enterprises, while the proportion of large companies reaches 10 percent. The distribution of enterprises by size-class in vehicle manufacturing in Zala County, 2010 Source: Yearbook of Zala County, National Bureau of Statistics, 2011 4 5 In 2009, 167 enterprises operated with foreign capital, of which 65 percent were 100 % foreign-owned enterprises. The following year, both the number of enterprises with foreign investment and the number of 100% foreign owned enterprises increased. From 2009 to 2010 foreigners invested 4 percent more capital (88.8 billion HUF) into the engineering industry. Some characteristic features of foreign owned vehicle enterprises, 2009-2010 From which: Foreign From which: Foreign Number of 100% direct Number of 100% direct Name organizations foreign- investment, organizations foreign investment, owned billion HUF owned billion HUF Year 2009 2010 Data 167 109 2 099,2 179 121 2 181,0 Source: Yearbook of Zala County, National Bureau of Statistics, 2011 From the foreign owned enterprises of Zala County vehicle manufacturing sector represented 13 percent both in 2009 and 2010. This amounts to 32 percent of total investment arriving to the industry. In 2011, the number of employees were 1400 in Zala County, 98 percent of them were full-time. More than three-quarters of full-time employees (78 percent) have manual work because of the nature of the sector. Vehicle manufacturing industry gave work to 7 percent of the people employed in manufacturing sector. The revenue production capacity of the enterprises of the sector in Zala County was in a progress, the revenue of the sector increased one third between 2009 and 2011. Vehicle manufacturing enterprises mainly and in a growing extent sale for export (nearly 90 percent). In the mentioned period the increase in revenue sales was owing to increased export sales as a whole. 5 6 The development of sales revenue of vehicle manufacturing enterprises of Zala County, 2009-2011 (million HUF) Source: Yearbook of Zala County, National Bureau of Statistics, 2011 3.6.2. Logistic services1 In the database of the National Bureau of Statistics the Sector of Transport and Storage is not devided into subsectors, so we can describe only the entire economic sector. This makes more difficult to analyse the current situation, as this sector contains all transport activitity (road, rail, air, water transport, passenger and freight transport, as well as pipeline transport), and only a small part represents the support activities for transportation. Transportation is a part of logistics, but it can be estimated that private entrepreneurs belonging to the sector principally deal with transportation and only a splinter group of them deals with other fields of logistics. For a better summary lets specialize the main components of logistic services: carriage transportation storing/warehousing packaging 1 Külföldi tőke a régiókban. KSH 2012. december, Jelentés a szállítási ágazat helyzetéről, 2011. KSH 2012. november, Zala Megye statisztikai évkönyve 2011., Statisztikai tájékoztató. Zala megye 2013/1. KSH 2013. június 6 7 customs administration postal services inventory management call center management etc. The service level of Zala County can be characterized by the fact that only one certified logistic center operates in Zala County (Sprintcamion Zrt. Nagykanizsa-Sormás). In Zala County 931 enterprises operated in the Sector of Transportation and Storage in March, 2013. More than half of them were private entrepreneurs (54 percent) and three of them were Public Limited Companies. The number of entrepreneurship increased by almost 20 percent in 2011 (at that time 785 entrepreneurship operated in this sector). This indicates that the performance of the sector has increased. (The Hungarian National Bureau of Statistics doesn’t publish regional data concerning this sector’s value added.) Economic organizations functioning in the Sector of Transport and Carriage represented 2 percent of the total economic organizations of the County. At national level the sector contributes appr. 5 percent to national GDP, while 4,3% of the functioning enterprises run such activities. This way it is presumably valid also for Zala County that the contribution to value added slightly exceeds the proportion of enterprises. At national level, 10 percent of full-time private sector employees work in the Sector of Transportation and Storage. In Zala County the proportion of the workers in the sector is just 7 percent which is nearly the same ratio as their share in enterprises. However, it is remarkable that these enterprises made almost 8 percent of all investments of Zala County in the first quarter of 2013. More than half of the investments were spent on machines and vehicles (the county average is 25%). The average gross and net earnings in the sector were constantly lower than the county average. The net earnings of manual workers in the first quarter of 2013 constituted 92 percent of the county average. During this period, it was also typical that the growth rate of the average gross and net earnings was lower relative to the average growth rate measured in the other sectors of the county. The sizes of enterprises dealing with transporting and storage in Zala is well characterised by the number of economic organizations by size-class. 7 8 The distribution of economic organizations by size-class in the sector of transportation and storage in Zala County, 2010 Source: Yearbook of Zala County, National Bureau of Statistics, 2011 In 2010, four enterprises of the sector had foreign interest which represents 5 percent of active enterprises. The share of foreign investment in these enterprises had reached 95% of the equity which shows that most of the enterprises were in 100 % foreign ownership. The enterprises with foreign ownership operating in the sector represents 2 % of the total enterprises with foreign ownership in Zala County. So the sector has the similar share in foreign capital and in total enterprises as well. 3.6.3. Furniture and wood works Wood-industry In 2011, 54 enterprises operated in wood industry in Zala County. Nearly 63 percent of the enterprises worked in the 6 branches of wood processing industry. The remaining part (37%) worked in the 4 branches of furniture industry. Analysing the production value of the sector we can state that the furniture industry provided nearly 53% of the production value in 2011, while wood processing industry provided the remaining 47% of the production value. Exports accounted for 81,3% of the total sales of wood industry companies.