Foundation of Magromax Trade Co.
Magromax Trade Co. was established in October, 2020, by the following owners:
Nap 2000 Co. (represented by
Mr. Tibor Szöllősi) and Mr. Poorrang Amini. Before the
foundation, the founder members have been doing
the export of Hungarian seeds for 15 years,
basically to Turkish and Farsi speaking countries in the frame of Tengri
Co. In order to separate the different
market activities, Magromax
Trado Co. was established, and took over the complete export and import activity to and from Iran and the
neighbour countries of Iran, except Turkey
and except the Turkish speaking neighbouring countries, which activity will be performed by Tengri Co henceforward.
Taking over of the export and import activities
and exclusivity rights
Taking over of the export and import activities
and exclusivity rights means that Magromax
Trade Co. will act as the commercial
and legal successor on the above
specified field of export
and import activities. The following
main areas of the taking over process should be emphasized:
-
export, import and delivery rights, on exclusive basis;
-
the right
of utilization of the previous business and agricultural
activities in the reference list of Magromax Trade Co.
-
complete taking
over of the business connections
and cooperation with all the companies
and experts who were involved in the previous activities,
on exclusive basis, and extension of the business connections with new companies
and experts.
Business activity after
the foundation of Magromax Trade Co.
Magromax Trade Co will continue the
uninterrupted export of Hungarian
seeds to the countries specified
above. In the frame of this activity
the cooperation with our Hungarian
partners will be continuous, with special emphasize on the following
institutes and companies:
-
Centre for Agricultural Research, Agricultural Institute at
Martonvásár, Hungarian Academy
of Science (in short: MTA ATK)
-
Bázismag Kft. Co.
-
Bóly Zrt. Co.
-
Transemex Kft. Co, transportation,
-
Financing banks
(Takarékbank Zrt. and OTP Bank)
-
Export Insurance (MEHIB and EXIMBANK).
Based on
the discussions with the Iranian
buyer, and with further reference to our experience
of the deliveries in the previous years,
the export activity can be anticipated for 2021 according to one of the
below given two schemes:
-
Delivery of 140 MT Maxima F1
seed plus 100 MT Massil F1 maize seed plus Maxima parental maize seed for 50 hectare
area;
-
On the
condition that the market and financial conditions will improve, further to the above
quantity the delivery of another 100 MT Maxima
F1 seed plus 100 MT Massil
F1 maize seed can be organized.
Representation on
the market
All the
results and success achieved so far, and the key of the
future successful business on the market is strongly connected to our continuous
presence on the market. The permanent representative of Magromax Trade
Co. is one of the founder members, Mr. Poorrang Amini, who has perfect knowledge of the Hungarian language and the Hungarian business life and conditions, and, at the same time,
knows very well the Iranian
economy and main business companies
and their leaders on the field
of our activity, and, follows the important
changes of the market and the conditions. Due to this
permanent representation, Magromax Trade Co. has immediate information regarding the risks and possibilities,
and this is a key factor to reach
the results of the previous years,
or even to
exceed those.
Long term plans
Magromax Trade Co together with the
most important business partners
(MTA ATK Institute at Martonvásár and the Bázismag Co) plans to extend the
market presence. In the frame of this cooperation
we intend to participate together on the
governmental tenders related to export market extension. Our purpose is to find
the market of the high quality, new
Hungarian hybrid seeds. Based on
our previous business experiences, this is a complicated, time, energy and money consuming process: to find
the proper new seeds, experiments,
official trials, permissions, small quantity market tests, and, if all these
steps were successful, to convince the market. We are committed
to go ahead.
Budapest, 2024. February 01.
The founder members:
1.
Mr. Tibor Szöllősi (representing Nap 2000 Co.)
2.
Mr. Poorrang Amini
Contact:
1. Mr. Tibor Szöllősi, Managing
Director, +36 20 924 8424,
szollosi.tibor@magromax.com
2. Mr. Poorrang Amini Managing Clerk, +98 912 205 3282 amini.poorrang@magromax.com
3. Mr. Ferenc Gyenei,
Senior Agricultural Engineer, +36 30 298 5054, gyenei.ferenc@magromax.com
4. Office: info@magromax.com
2020. Magromax Trade Kft.