Hungarian Investment Promotion Agency

Operating as a dedicated subpage of the HIPA website – https://hipa.hu/supplier/ –, the new supplier development portal aims to link Hungarian SMEs and large enterprises with investors already active in Hungary or at the stage of entering the market.

The service is available free of charge and supports not only the preparation and implementation phases of investment projects, but also every step of the operational stage. From site selection to monitoring day-to-day operations, investors can find reliable local partners in all key areas.

HIPA’s in-house, sector-independent database was launched with data from more than 300 service providers and over 700 manufacturing companies. The new service was presented by István Joó, Government Commissioner and CEO of HIPA, at the Automotive Hungary 2025 trade fair at Hungexpo in Budapest. He emphasized how easy it is to register in the database through HIPA’s website and encouraged all companies wishing to operate as suppliers to take this opportunity.

You can count on HIPA to offer financial support to those suppliers capable of delivering products and services to foreign companies entering the Hungarian market

– underlined the Government Commissioner for Investment Promotion and Implementation of Large FDI Projects.

This is precisely one of the main objectives behind the restructuring of HIPA’s incentive system. Under the new framework, foreign investors may undertake commitments such as sourcing 30% of their suppliers from within a 100-kilometer radius of their investment site. They are also expected to take part in HIPA’s supplier development programme.

With tall these initiatives, HIPA aims to match supply and demand in a more proactive and regulated manner than ever before, forging strong connections between international investors and Hungarian companies.