How can intelligent technological solutions contribute to saving energy, cutting expenses or the sustainable development of a city? – asked Swedish Trade Minister Ewa Björling at the press conference as the motto of an event organized in Budapest by the Embassy of Sweden, Business Sweden and the Ministry for National Economy.

From the EU funds for the period 2014-2020 Hungary will create – among others – intelligent, energy-efficient systems in cities and in that domestic innovations will be given a role to play, Minister of State Zoltán Cséfalvay said at the press conference.

János Takács, Regional Chief Administrative Officer of Electrolux Central-Eastern Europe Holding and Managing Director of Electrolux Hungary, underlined the presence of the Ministry for National Economy as the institution aptly representing “green” values for the society. As the Managing Director added, over the past four years in the Hungarian plant of Electrolux energy consumption was reduced by 25 percent. Current refrigerator models consume 70 percent less energy than those 15 years ago, and the 55-70 percent of vacuum cleaners are made of recycled plastics.

Ericsson develops “smart” networks and it has a research institution in Hungary for that end, Roland Jakab, Deputy Chief Executive of Ericsson Hungary said. Broad-band technology enables the incorporation of consumers’ convenient features into networks and thus the reduction of energy consumption, he added.

Ewa Björling called attention to the case study which would present the Stockholm Royal Seaport project to the audience of the conference: a former 236-hectare industrial area has been converted into an environmentally friendly residential quarter.

(Ministry for National Economy)