Hungarian Investment Promotion Agency

The prestigious US-based Site Selection Magazine released its Global Best To Invest rankings for the 15th time this year, and Hungary finished first among the countries of the Eastern European region. Local city-level investment activities have also been recogni...

2023. 05. 04.

Upon the invitation of the Budapest Chamber of Commerce and Industry to the Hungarian capital, a business delegation of high ranking members of New Jersey State’s politics and business paid a visit to HIPA headquarters followed by an insightful business forum. T...

2023. 04. 28.

The inauguration of Ineton Kft.’s new automated plant in Alsónémedi located in Pest County marks an important chapter of the domestic reinforced concrete manufacturing market. The HUF 16 billion investment allows to produce special-purpose precast concrete which...

2023. 04. 20.

Veronika Spanarova, managing director and country officer for Hungary of Citi has been granted this year’s Expat CEO of the Year Award that recognizes the positive impact foreign executives make on the Hungarian economy. The award was presented for the ninth ti...

2023. 03. 24.

In line with the tradition, the “Investors of the Year” Awards have been granted yet again at the ceremony of the Hungarian Investment Promotion Agency (HIPA) where winners were announced in nine categories. The prizes were presented by Mr. Levente Magyar, Deput...

2023. 03. 23.

The European Cities and Regions of the Future Awards Ranking has been published for the ninth time by fDi Intelligence, a division of the Financial Times Ltd. and the largest FDI center of excellence worldwide. Just like last year, the 2023 report featured Hunga...

2023. 03. 14.

Pursuant to Government Decree 50/2023 (II.22.) on the Amendment of Government Decree 210/2014. (VIII. 27.) on the use of the Earmarked Scheme for Investment Promotion from 23 February 2023 significant changes will be introduced to the non-refundable cash incenti...

2023. 02. 23.

Hungary’s investment promotion framework will change, and the cost elements related to the production of renewable energy could be accounted for up to 50% of the investment volume – noted István Joó in an interview with Portfolio, after going on to say that the ...

2023. 02. 13.

Foreign investors’ trust placed in the Hungarian economy is unbroken as evidenced by an investment volume of EUR 6.5 billion in 2022, an all-time high in the history of investment promotion in Hungary. In total 92 large FDI deals were closed to create some 15,00...

2023. 01. 31.