Over the last 25 years, scores of international companies have based their manufacturing and service operations, and in some cases, European HQs and R&D centers in Hungary, bringing in more than € 84 billion in FDI. Forty-five of the world’s 80 largest multinationals, and many of their SME suppliers, have established a long-term presence here, benefiting from the advantageous location, a safe legal environment, an advanced business infrastructure, and a committed labour force.
SECTORS IN FOCUS
AUTOMOTIVE - Did you know that Hungary has one of the best wage adjusted labour productivity in the automotive industry?
SSC /BPO – Did you know that HUNGARY HAS SOME OF THE LOWEST RENTAL PRICES IN CATEGORY A and A+ OFFICES?
Prices in EUR
FOOD INDUSTRY – Hungary is 100% GMO FREE!
GRAIN MAIZE AND CORN-COB-MIX (PER CAPITA PRODUCTION, KG)
Source: EUROSTAT, 2014
ICT – Did you know that Hungary has one of the most advanced IT outsourcing market in the Central and Eastern European (CEE) region?
IT OUTSOURCING SPENDING vs. IT SERVICES
SPENDING IN CEE, 2014 (%)
TECHNOLOGY - Did you know that Budapest Is Among Europe’s Next Major Tech Hubs
According to CBRE’s 2016 Understanding European Technology Clusters index, Budapest is ranked 7th place and identified as one of the fastest-growing, emerging European tech cities of the future.
LIFESCIENCE – Did you know that Hungary hosts more that 300+ Clinical Trials / Year!
LOGISTICS – Did you know that out of the 10 major Pan-EuropeAn Corridors 4 are crossing Hungary?
EASY ACCESS TO 500 MILLION EU CUSTOMERS, MOTORWAY NETWORK COVERING THE ENTIRE COUNTRY
RENEWABLE – There are over 1500 thermal springs in the country!
GEOTHERMAL ENERGY - GEOTHERMAL GRADIENT MAP OF HUNGARY (m/Celsius)
The geothermal gradient in Hungary significantly exceeds the global average, representing one of the country's natural treasures. In accordance with sustainable resource management, special attention must be paid to the preservation of this natural asset when establishing new capacities that usually necessitates the reinjection or the recovery for the appropriate purposes.
MEDICAL TECHNOLOGIES – 150 companies engaged in medical device manufacturing in Hungary.
ELECTRONICS – Did you know that the share of electronics is 5,3% of Hungary’s GDP?