Hungarian Defence Export Agency (short form is: VEX) was founded in 2021 as a 100% state owned organization. The main goal is to support the Hungarian defence industry in its development. VEX aims to help companies in selling their products and capabilities abroad.
The Government of Hungary has designated the Hungarian Defence Export Agency with the exclusive right to assist in the sale of products declared surplus for defence purposes (inkurrencia), to conduct the relevant procedures and to prepare the sales.
VEX concludes cooperation agreements with Hungarian defence companies and ensures that products and services are presented at international defence industry exhibitions with a unified Hungarian stand image.
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