Thursday, November 7, 2019
On Monday, Hungarian daily newspaper Magyar Nemzet revealed a deal whereby, on October 29, Hungarian state-owned enterprise HDT Védelmi Ipari Kft. (HDT Limited) acquired Austrian mortar and shell manufacturer Hirtenberger Defence Group. Hirtenberger Defence Group also acknowledged the deal.
In the deal, Austrian, United Kingdom and New Zealand production sites are to be kept, with market sales expected to cover for the price in the long run. A government-guaranteed loan covered the costs, but the exact figure was kept secret.
The November 4 issue of Magyar Nemzet published an interview with Gáspár Maróth, the Hungarian Government commissioner responsible for defence, defence industries and coordinating defence modernization, in which the deal was announced. On the same day, the Hirtenberger Defence Group issued a corresponding press release.
While not naming any other bidders, Maróth said the Hungarian bid won after lengthy negotiations, out of mulitple competing offers. He said he expects no political turmoil between the neighboring Austria and Hungary over the sale. He also noted the acquisition fits into the Hungarian “outward investment” ((hu))Hungarian language: ?t?kekihelyezési strategy of Prime Minister Viktor Orbán.
The Austrian partner asked for the price to be kept secret, but the commissioner stated the purchase was financed by a loan, so it is not a burden on the state budget. With government resolution No. 1430/2019, the state issued an indemnity bond to cover for HDT’s 38.8 million euro loan, and daily Népszava covered the story with a headline pointing out that amount as the presumed price. The creditor Hungarian Development Bank is state-owned as well. Already-queued orders won’t leave idle capacity for some years, Maróth said, and paying back this loan seems realistic; unnamed industry experts called this dubious to Népszava, as the market is saturated and margins are thin, while noting this kind of equipment is needed by the Defence Forces.
The company structure remains unchanged and all sites continue to operate, but Hungarian engineers are to join the research and development team. Maróth pointed out it would have been much more costly and time-consuming to research mortar technology than to acquire it this way. He noted, “the army modernization does not just cover buying ‘hardware’ but technology transfer as well.” ((hu))Hungarian language: ?a hader? modernizációja a „vas” megvétele mellett a tudástranszferre is kiterjed.
Népszava noted the purchase appeared to circumvent the Ministry of Defence. HDT Limited was registered on August 6, 2019 and is under the aegis of Hungarian National Asset Management, Inc.
To modernize its military, in 2018, Hungary licensed Czech firearm technology and started assembling firearms in Kiskunfélegyháza, then agreed with Airbus to open a helicopter parts factory as a joint venture in Gyula.
US President Trump has called for NATO members to increase military spending. According to a March 14, 2019 NATO press release, Hungary spent an estimated 1.15% of its GDP on military expenditures in 2018; NATO guidelines call for 2%. Maróth noted the military had been “effectively disarmed” ((hu))Hungarian language: ?gyakorlatilag lefegyverzett by 2010, when Viktor Orbán regained the prime ministry of Hungary for his second term. Hungary launched a military development program dubbed “Zrínyi 2026” in 2017 to address structural and financial challenges faced by the Defence Force and to renew its equipment.
All on Four Dental Implants versus Traditional Implant Techniques
by
Jack De Richards
In 1993, European implantologist Dr. Paulo Malo was responsible for the innovation of a dental implant protocol that was to surpass traditional implant techniques in the benefits and advantages it afforded both patients and oral surgeons. All on Four dental implants, as they are aptly referred to, not only enable edentulous (not having a single original adult tooth left) and near-edentulous patients to receive a complete set of new and non-removable teeth in as little as a single day, but they do so with minimal recovery time and at a much reduced cost to traditional implant techniques.
A Closer Look at All on Four Dental Implants
During the procedure for the placement of All on Four dental implants, oral surgeons insert two tiny titanium screws into the front portion of the jaw and another two at an angle in the back portion of the jaw, avoiding vital structures like the sinus cavities in the upper jaw and the nerve canal in the lower jaw. Together these four implants provide all the support necessary for a prosthetic dental bridge that has been custom fabricated to fit inside the patient s mouth comfortably. With All on Four dental implants almost never requiring bone grafting surgery beforehand, the entire procedure can readily be completed in a single day, effectively providing patients with a comprehensive one-time solution.
All on Four Dental Implants and Traditional Implant Techniques
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So, how do All on Four dental implants compare with traditional dental implant techniques? Well, when it comes to the need for oral rehabilitation (in other words, the treatment of patients that require a new set of teeth) there is no comparison really! And here s why:
All on Four Dental Implants almost always enable oral surgeons to bypass bone grafting surgery, which not only takes several months for healing before implants can be placed, but is an expensive and painful procedure too.
Traditional dental implant techniques frequently call for as many as 20 implants for complete oral rehabilitation. If you consider that each implant and crown costs in the region of $3,500 to $4,000, getting a new set of teeth can work out to be extremely expensive! All on Four dental implants, as the name suggests, only requires four implants per jaw and eight in total for a complete set of new, non-removable and immediately functional teeth.
All on Four dental implants only requires a single surgery for placement. Traditional implant protocol can require several surgeries in addition to bone grafting, which creates a very long road to oral rehabilitation.
Without the need for so many dental implants, multiple surgeries, bone grafting, consultations and recovery periods, not to mention the equivalent time off from work, All on Four dental implants work out to be far more economical than bone grafting (i.e. sinus lifts ) and traditional placement techniques! In fact, patients can often save as much as $15,000-$20,000 or more on complete oral rehabilitation with this innovative tooth replacement protocol!
All on Four dental implants incur a shorter recovery period, with patients often returning to work the very day after the procedure! With traditional placement protocol being more invasive and with more implants necessary, patients frequently spend more time in recovery, coping with greater post-operative pain and discomfort.
For all these reasons and more, All on Four dental implants have proven themselves to be a far superior choice for patients requiring a second chance at having a beautiful and healthy smile!
Jack De Richards the author of this article is a working at a renowned
dental implants
center specializing in
All on four dental implants
. His clinic offers All on four New Jersey by renowned Oral Surgeons.
Article Source:
ArticleRich.com