Hungarian Investment Promotion Agency

The 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.

The purpose of the amendment to the so-called ESIP Decree aims on the one hand for transposing the changed state aid rules of the European Union into the Hungarian legal system and on the other hand for introducing additional new aid instruments, which will furt...

2023. 12. 31.

The Hungarian economy needs more higher added value investments, and American companies, as they form the third-largest investor community in Hungary, can and do help make this happen to a large extent. That was the main conclusion of this year’s Business Meets ...

2023. 10. 20.

By investing nearly EUR 30 million the French Veolia Group is further strengthening its Hungarian presence. Phase 2 of the development marks the installation of new manufacturing technology of the company’s ultrafiltration membrane plant which was now celebrated...

2023. 10. 16.

Swiss-owned Omya Hungaria Kft. celebrated the inauguration of its brand new agricultural granulation plant in Eger thanks to a EUR 41.5 million investment. The most advanced plant in the company’s network is set to supply farmers in Hungary and surrounding count...

2023. 10. 03.

Swiss Krono, a leading supplier of wood-based materials has announced to build a plywood plant in Vásárosnamény for EUR 23.7 million with the aim to produce a new item of the Group’s product portfolio. The project will create 90 jobs.

2023. 10. 03.

A EUR 138 million investment by Danish toy maker LEGO is set to bring about yet another round of development at the Nyíregyháza site of the company. Given that packaging and storage capacities will be ramped up significantly, up to 300 new jobs will be created i...

2023. 09. 28.

With the adoption of the Temporary Crisis and Transition Framework (hereinafter: TCTF), the aim of the European Commission is to ensure that the objectives of the European Green Deal will be achieved.

2023. 08. 11.

Pursuant to Government Decree No. 366/2023 (VIII. 3.) on the Amendment of Government Decree No. 210/2014 (VIII. 27.) (hereinafter: Decree) on the use of the Earmarked Scheme for Investment Promotion from August 4, 2023 significant and favourable changes will be ...

2023. 08. 04.