Hungarian Investment Promotion Agency

The Hungarian Investment Promotion Agency (HIPA) and the German-Hungarian Chamber of Industry and Commerce jointly assessed the state-of-play of economic relations of the two countries whereby it was established that German investors’ trust for the Hungarian eco...

2023. 01. 02.

2022. 12. 21.

2022. 12. 14.

In order to keep domestic companies out of the economic recession affecting Europe, the Government decided to launch a Factory Rescue Program.

2022. 11. 23.

HIPA CEO István Joó featured a show of TREND FM, a local business radio channel where he shared key insights on how the Agency helps businesses achieve their investment goals and strives to make Hungary the local exception amid the global recession by turning ...

2022. 11. 21.

The implementation of an ambitious development plan thru 2025 is underway at Siemens Energy’s Hungarian operation, an important pillar of which is the erection of a 17,000 square meter production hall in Budapest that just broke ground. Part of the investment ...

2022. 11. 08.

Businesses that started the registration process for the Factory Rescue Program, yet were not able to complete it due to the depletion of the available funds, will be allowed to finish that registration process.

2022. 11. 03.

Registration for Factory Rescue Program has been suspended due to the substantial number of submitted forms and related fund claims.

2022. 11. 02.

Leading London-based business outlet CFI.co has presented HIPA with the 2022 award for Best Strategic Investment Partner Europe. The prestigious recognition is greatly attributed to the record FDI volume of EUR 5.9 billion in 2021 as well as this year’s gigant...

2022. 10. 28.