News
Organized in line with tradition by the Budapest Business Journal with the Hungarian Investment Promotion Agency as its official event partner, the Expat CEO of the Year Gala celebrated its 10th edition this year. The award that is meant to recognize the efforts...
2024. 03. 23.
HIPA #HIPAGerman-owned Schedl Hungária Kft., a company specializing in the assembly and in-sequence delivery of complete wheels, invests EUR 101.1 million to open new production facilities in Debrecen and Kecskemét. The greenfield investment will create 160 jobs, and as a...
2024. 03. 22.
Automotive #AutomotiveBayer Construct Zrt. establishes a bathroom assembly plant in value of HUF 14.7 billion in Sóskút. The development that is set to substantially enhance production efficiency is bound to speed up the construction of high quality housing. The company also entered ...
2024. 03. 11.
HIPA #HIPAFDi Intelligence is a division of the Financial Times Ltd. and the largest FDI center of excellence worldwide that publishes its flagship European Cities and Regions of the Future Awards Ranking on a yearly basis. The 2024 edition includes two Hungarian cities, ...
2024. 03. 07.
HIPA #HIPATop achieving foreign and local players were recognized in nine categories at HIPA’s annual ‘Investors of the Year Awards’ to celebrate the results of 2023, which was yet another record year in the history of Hungarian investment promotion. The prizes were prese...
2024. 02. 28.
HIPA #HIPASwiss-owned Nestlé implements yet another investment in its pet food plant in Bük. As a result of the development in value of HUF 55 billion, 130 new jobs will be created, whereas the output will go up by over 50,000 tons a year. The project marks the last phase...
2024. 02. 16.
Food Industry #Food IndustryIn an effort to gear up for the transition, leading OEM Stellantis invests EUR 103 million to introduce production of electric drive modules (EDMs) at its plant in Szentgotthárd, Hungary. The step requires to accelerate EV manufacturing-related research; therefo...
2024. 02. 12.
Automotive #AutomotiveUnder the Factory Rescue Program managed by the Hungarian Investment Promotion Agency, the Government has provided HUF 150 billion for energy efficiency and renewable energy improvements by large companies. István Joó, CEO of HIPA, said that the beneficiary comp...
2024. 01. 19.
HIPA #HIPAThe year 2023 marks yet another milestone in the history of Hungarian investment promotion given foreign direct investment (FDI) inflow exceeded EUR 13 billion. The previous all-time high of EUR 6.5 bln in 2022 was therefore doubled thanks to 209 projects in tot...
2024. 01. 15.
HIPA #HIPA