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03Feb94 HUNGARY: IS YOUR FIRM HUNGARY FOR NEW LUCRATIVE MARKETS?

Hungary could be a big market for sophisticated UK construction products, says a new report by European Construction Research.Hungary is a net exporter of basic construction materials such as bricks and cement, but lacks know-how and modern production facilities for more specialised and sophisticated products, the report says.The Denmark-based group pinpoints doors, windows and heating systems as potential money-spinners in Hungary for UK firms.With energy no longer subsidised there, the market for energy-efficient products should be particularly lucrative, it says. Roofing is also forecast to be a big growth area. 'Hungarian companies lack the expertise to produce underfelt and modern roofing materials,' says ECR.After three years of decline, construction activity in Hungary was expected to have picked up by about 3 per cent last year, with growth forecast to be between 4 and 7 per cent a year up to the Expo 96 fair in Budapest.Much of the investment is forecast to be in basic infrastructure, such as roads, but ECR says there is massive scope for housing renovation as well. CONSTRUCTION NEWS