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István Joó: Hungarian Automotive Industry Prepared for Future

The automotive industry remains one of the most important sectors of the Hungarian economy, in which not only production capacities are expanding, but also a knowledge-based dimensional change has begun, said Mr. István Joó, Government Commissioner and CEO of the HIPA Hungarian Investment Promotion Agency, in interviews with the public service media.

2026. 03. 23.

Automotive #Automotive #HIPA Automotive Conference #Investment #Innovation
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István Joó: Opposition's Agenda Threatens Efforts to Boost Economy

Hungary has managed to create the most competitive business environment in Europe over the past 16 years, as a result of which foreign direct investment is helping the efforts to boost the economy, but opposition plans are putting all of this at risk, said Mr. István Joó, Government Commissioner and CEO of the HIPA Hungarian Investment Promotion Agency, in a television interview.

2026. 01. 21.

HIPA #HIPA #Investment Promotion #High added value #Innovation #HIPA
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István Joó: there is no serious growth in Hungary without foreign direct investment

The role of foreign investors strengthening the economy with capital and modern technology is crucial in Hungary, without them there is no significant growth, and their activities also have a beneficial effect on small and medium-sized domestic enterprises - said Mr. István Joó, Government Commissioner and CEO of the HIPA Hungarian Investment Promotion Agency in a podcast interview with Mr. Egon R...

2025. 12. 15.

HIPA #HIPA #Investment Promotion #High added value #USA #HIPA
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István Joó: Dozens of U.S. companies to become the focus of Hungary’s investment promotion efforts

The recent U.S.–Hungary summit in Washington may open a new chapter in bilateral economic relations, bringing dozens of American companies into the focus of Hungary’s investment promotion activities, said Mr. István Joó, Government Commissioner and CEO of the HI...

2025. 11. 12. -

HIPA #HIPA #Investment Promotion #USA #Innovation
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István Joó: Hungary Has Remained an Investor-Friendly Country

HIPA has never negotiated as many research and development projects or business service center–related developments as in 2025 – emphasized István Joó, Government Commissioner and CEO of HIPA, in his opening remarks at the AmCham event. This year, for the eleven...

2025. 10. 16. - HIPA

HIPA #HIPA #HIPA #Amcham #Business Meets Government Summit #István Joó
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István Joó: Four Countries Competed for the High-Tech Investments Coming to Békéscsaba

Four countries competed for the high-tech investments of Singapore-based Vulcan Shield Global (VSG), which Hungary succeeded in securing for Békéscsaba as a result of the joint efforts by the government and local stakeholders, said Mr. István Joó, Government Com...

2025. 09. 22. -

Industrial Products #Industrial Products #high-tech manufacturing #EUR 700 million #NEW Jobs 2,500 #Békéscsaba #Vulcan Shield Global
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István Joó: 2025 Another Strong Year for Investment Promotion

Following two record-breaking years with FDI inflows exceeding EUR 10 billion, 2025 is another outstanding year for investment promotion in Hungary, with the focus shifting from volume to the structure of the new projects, said Mr. István Joó, Government Commiss...

2025. 05. 30. -

HIPA #HIPA #Investment Promotion #HIPA #Hungary #R&D #BSC
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István Joó: Trust Was Crucial in Securing New BYD Investment

The trust built between Hungary and BYD over recent years played a crucial role in the Chinese automotive giant’s decision to establish its European business and R&D center in Hungary, said Mr. István Joó, Government Commissioner and CEO of the Hungarian Investm...

2025. 05. 26. -

Automotive #Automotive #BYD #R+D centre #Investment #Budapest #HIPA
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HIPA Launches New Supplier Development Service

A comprehensive database of the Hungarian Investment Promotion Agency (HIPA), containing information on more than a thousand companies, is now open to online registration, making it easier than ever for investors and suppliers to connect.

2025. 05. 15. -

HIPA #HIPA #Supplier Development #HIPA