HIPA is the best investment promotion agency in the region for the second time at AIM, Dubai
2020. 10. 22.
The Hungarian Investment Promotion Agency (HIPA) has again recorded a landmark achievement. Hungary's investment environment and HIPA's efforts have now been recognised at the annual congress of the Annual Investment Meeting (AIM) event, as being the best investment promotion agency in the region of Central Eastern Europe and Turkey. This can be partly attributed to the results of another record year of investments in 2019 and to the special investment project of South Korea-based SK Innovation in Komárom. The award was received by Róbert Ésik, CEO of HIPA, who said thanks for the honour in the following video message.
The Annual Investment Meeting (AIM) is one of the most significant FDI-related events in the world. This year, due to the pandemic situation, the multi-day programme went digital, whose participants include some of the highest-level decision-makers of the business and government sector, alongside entrepreneurs and researchers from all over the world, all joining this event to get familiar with the current trends and the latest strategic approaches. The conference in 2020 primarily addressed the issue of the economic crisis caused by the pandemic, and the alternatives for its management.
After Hungary's success at the congress in 2019, this year the country was again granted the AIM Investment Award for the best agency in the region. The professional board's decision was based on the results of 2019, which surpassed every previous investment promotion record, and was justified by SK Innovation's choice to invest in the expansion of its Hungarian production plant, as a significant unit in the region.
2019 was another record year for the Hungarian Investment Promotion Agency (HIPA), as it was in 2019 for the first time in its history that the number of foreign direct investment (FDI) projects exceeded 100 in Hungary. Last year a total of 101 projects attracted investments worth EUR 5,350 million, creating 13,493 million new jobs. In this, investors from countries under the 'Opening to the East' policy, namely South Korea, Japan and China, played a decisive role, with a majority of them being involved in electro-mobility. It is also remarkable that last year South Korea excelled both in terms of invested volume (around 50%) and the number of new jobs (over 30%).
As Róbert Ésik, CEO of HIPA, stated:
Sector articles
Unilever's Nyírbátor operation is set to be expanded by a beauty care unit, which will produce 150 million bottles of deodorants a year from globally recognized brands.
2024. 10. 10.
HIPA #HIPAWith a current investment of EUR 22 million, the Tatabánya site of Aalberts Surface Technologies, which specialises in metal surface treatment technology, will expand into a centre that meets the needs of the region's car manufacturers as well as its domestic pa...
2024. 09. 12.
HIPA #HIPALeading investment platform AIM Congress gathered renowned FDI stakeholders from all over the globe in Abu Dhabi yet again where HIPA was presented the AIM Investment Award for the Central, Eastern Europe & Turkey Region.
2024. 05. 27.
HIPA #HIPA