IIH

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2021 smart. IIH
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ambitious.
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competitive.

#1
European destination
for 2019
by European Best
Destinations
IIH
2021 About Key figures IIH
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4 Hungary

Inward FDI stock GDP (PPS) GDP / capita (PPS) GDP growth

Population Area
61% (of GDP) € 225,808 M € 23,110 4.6%
93,023 km2
(2019, MNB) (2019, HCSO) (2019, HCSO) (2019, HCSO)
9,769,526
(2020, HCSO)

Inflation Average gross earning Budget balance

Capital (population) Form of 3.4% € 1,131 -2.1%

Budapest Government (2019, HCSO) (of full-time employees) (% of GDP)
Parliamentary (2019, HCSO) (2019, HCSO)
(1,750,216) Republic
(2020, HCSO)

the
t
lowehes
in t
Currency
Business friendly
Time zone EU
Forint (HUF) Corporate
GMT + 1hour
income tax
environment
Hungary has been continuously
9% flat rate Social contribution tax
Membership in international organisations
EU, UN, OECD, WTO, NATO, IMF, EC
improving its taxation system. 15.5%
EU member since 2004 (As of 1 July 2020)
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2021 Foreign trade focus IIH
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FDI focus Export Effective financing Continuously
through promotion and insurance increasing
based on HIPA by HEPA facilities by EXIM FDI inflow
3 main pillars since 2015

€109.1 68
61
billion 57
104.9
100.7 48
90.5 93.0
40 39
33
EU-14
new EU
members

2015 2016 2017 2018 2019 Czechia Hungary Slovakia Croatia Romania Poland Slovenia

Hungary’s exports by country group (billion EUR) Inward FDI stock in 2019 (% of GDP)
non EU member
European countries at
extensive network
148 in
Asian countries

84
American countries
Other countries of diplomats
promoting Hungary’s local
foreign trade relations representations countries
IIH IIH
2021 page
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the Most Livable City

#1 in Eastern Europe according to
The Economist’s annual list

#1
Budapest is the most affordale
city for running a business
(Utility Bidder)
IIH
2021 Human capital Dual education IIH
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Talent pool in the service of
Labour the Hungarian economy
pool The Hungarian labour force
structure is well qualified and cost effective,
Other which increases the country’s
Agriculture
Construction 2
international competitiveness.
285,110 145,016
5 students in students in
8
tertiary vocational
education education
Manufacturing 22 63 Services

Services
The number of The number of
tertiary dual
40+
students engaged in
education partner vocational
languages served
organisations dual training
amounts to over is around
by Hungarian Business
Services Centres Multilingual 900 50,000
highly educated
English talent pool
German

French
Italian

Spanish

Russian

Chinese
IIH
2021 Outstanding IIH
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12 Infrastructure
27h

EU and Schengen Direct flights to

Nr. 1 Nr.6
153
DENMARK
zone membership
(free movement of goods) in length of motorways in railway line 18h 1,500 km
destinations in CEE (EU Transport density in Europe
by 49 airlines in Figures 2019) 2.5h
1,000 km
from Budapest Airport 9h
1.5h 500 km
1h
50+ Budapest
scheduled container trains Motorway
Motorwa network
weekly to European ports covering the entire country 36h 18h
of the North Sea,
Tornyosnémeti
Záhony
54h
M30
the Adriatic and Beregdaróc

the Mediterranean M3
Vásáros-
namény
M15 M2 21 M49
M25 M3
M85 M1 M3
M100
M0 M35
M86
BudapestM0
M4 M4

3fastest
rd M8 Abony

M76 M8

4G Easy access
M9 47 MALTA
mobil internet M44
in the world M5 CYPRUS
M7 M67 to Western and Eastern
European countries from
5G
M9
already available M9
M9 M43
the heart of the continent
for commercial users M6
M60 Existing
Under construction
5G smart road
Future development
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2021 page
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#1

6x best
Best airport
in the Eastern
European region
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2021 Hungarian IIH
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16 Investment HIPA offers one-stop-shop management
consultancy services providing
Promotion tailor-made information packages and
incentives for companies interested in
Investment HIPA operates an internal database of investment sites in Hungary.
The Investment Sites Database simplifies the task of matching

Agency sites
investors’ needs to potential locations. Searchable by size, location,
investing in Hungary. available infrastructure and incentives.

1. Location selection
Access to information on investment
sites, labour market, taxation, business
Our database lists more than
1600 sites
120
INDUSTRIAL
PARKS
environment, local suppliers and more. throughout Hungary

2. Incentives
First-hand information on the full range
of incentives, end-to-end management
of the VIP cash subsidy system.

3. Business development
Identification and development of local
suppliers, mediation between business
340
OFFICES

and government, policy proposals

to improve the business environment.
1300
GREEN- & BROWNFIELD
SITES
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2021 Supplier IIH
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18 Services The quantity, quality and geographical location of suppliers
play an increasingly important role
when choosing the location of an investment project. For INTEGRATORS For INTEGRATORS For SUPPLIERS
& SUPPLIERS
It is also common in the automotive sector, that the
added value by suppliers in the final product is growing
increasingly. Therefore, at HIPA, we pay special
attention to the supplier-related demands of our
investing partners so that Hungarian enterprises can Market information B2B meetings Exhibitions
be present in as many numbers as possible in the about the existing supplier between integrators and to participate on
added value chains of the multinational corporations. ecosystem before suppliers in order to create the biggest international
We are ready to provide our partners with a complete
picture about Hungarian suppliers in a given sector at
the investment decision. business opportunities. fairs and trade shows.
the earliest stage of the investment project. Later, we
support the expansion of the added-value chain of the
investor by presenting actual supplier’s profiles in
Hungary.

Supplier database Development trainings Supplier Forums

about the companies
in Hungary with active
connections and references
to the manufacturing sector.
focusing on quality and efficiency
in order to help suppliers
enter and grow within
the added value chain
of multinational partners.
to enhance horizontal
and vertical connections
among our partners.
IIH
Incentives IIH
responding to the dynamics
35%
2021 page
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in Hungary
Miskolc
of the economy
page 73 6
20 82 52 31 NORTHERN
HUNGARY
28 44

25%
Győr
37 63
27 41 35 Debrecen
62 84

20%
86 79 NORTHERN
CENTRAL
56 TRANSDANUBIA GREAT PLAIN
64 33 57 17
85 Székesfehérvár
80 19
20 26 3 30 WESTERN
55 10 25
54 5 18 TRANS-
21 75 DANUBIA

trainings R&D&I investments

SOUTHERN
81 GREAT PLAIN
47 SOUTHERN
TRANSDANUBIA
projects (Regional Aid)
Szeged
51
Budapest 39
13 59
45

50%
23 Pécs
83 53 68 15
14 24 22 78
Cash grant Cash grant Cash grant 61 66
12 16 43 69
2 70 67

35%
49 71
77
4

58
32 9
76
42
7 1
Maximum
aid intensity
50%
38 60 50 8 74
48 36
up to 40 11 65
of the training costs
VIP Cash Subsidy EU VIP Cash Local subsidy
72
46 34
29
for regional aid
of the employees and
up to 25% co-financed Subsidy grant by

73%
tenders municipality
up to of the project (based on the
of the costs of workshop costs regions marked CENTRAL 13 Ecser 28 Ipolytölgyes 43 Monor 58 Ráckeve 73 Tésa
establishment and on the map) 14 Érd 29 Jászkarajenő 44 Nagybörzsöny 59 Szentmártonkáta 74 Törtel
development. HUNGARY 15 Farmos 30 Kartal 45 Nagykáta 60 Szigetbecse 75 Tura
1 Abony 16 Felsőpakony 31 Kemence 46 Nagykőrös 61 Szigetszentmiklós 76 Újhartyán
2 Alsónémedi 17 Galgagyörk 32 Kiskunlacháza 47 Nagytarcsa 62 Szob 77 Újszilvás
3 Aszód 18 Galgahévíz 33 Kisnémedi 48 Nyársapát 63 Szokolya 78 Üllő
4 Áporka 19 Galgamácsa 34 Kocsér 49 Ócsa 64 Sződliget 79 Vác
Tax benefit Tax benefit 5 Bag 20 Göd 35 Kóspallag 50 Örkény 65 Táborfalva 80 Váckisújfalu
6 Bernecebaráti 21 Gödöllő 36 Kőröstetétlen 51 Pécel 66 Tápióbicske 81 Valkó
R&D&I tax benefit Development tax benefit
7 22 37 52 67 82
100%
Cegléd Gyál Letkés Perőcsény Tápiógyörgye Vámosmikola
up to as an exemption of
8 Csemő 23 Gyömrő 38 Lórév 53 Péteri 68 Tápióság 83 Vecsés

of the direct costs 80% 9

10
Dabas
Domony
24
25
Halásztelek
Hévízgyörk
39
40
Maglód
Makád
54
55
Piliscsaba
Pilisjászfalu
69
70
Tápiószele
Tápiószentmárton
84
85
Verőce
Verseg
of the projects of the CIT payable 11 Dömsöd 26 Iklad 41 Márianosztra 56 Püspökhatvan 71 Tápiószőlős 86 Zebegény
12 Dunaharaszti 27 Ipolydamásd 42 Mikebuda 57 Püspökszilágy 72 Tatárszentgyörgy
IIH
2021 Results Number 22 Electronics Professional IIH
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investment
of projects 12 Automotive
from 2014 to 2020
page
22

3
10 Food industry Top IPA of the Region
by HIPA
promotion
rd / Site Selection Magazine
Investment
time
volume 97 FDI
(EUR billion) by HIPA FDI Strategy 2018
/ R&D Support
810 / fDi Magazine

2
New jobs
nd
Investment Award
time
for the Region / AIM

2020
12,914 References
4.0
907 97 FDI projects + 810 COVID related projects

2019
13,493
5.3
101

2018
17,024


4.3
98

2017
17,021
3.5
96

2016
+222%
17,647 the investment
3.2 volume has more
71
than tripled
2015
12,995
2018 2019 2020
1.4
67
Top IPA Awards
IIH
2021 Investors IIH
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24 of the Year
The Hungarian Investment
Promotion Agency (HIPA) aims to
build a close cooperation with the
Hungarian investor community.
One important tool with this purpose
is our most important event of the
year, the annual “Investors of
the Year” award ceremony.

Investors
of the Year
Award
Ceremony
Each year, companies
executing the most
considerable investments of
the previous year are being
recognized together with a
Hungarian supplier and an
industrial park.

The awards are presented

by Minister of Foreign Affairs
and Trade and CEO of HIPA.
IIH
2021 Investors IIH
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26 of the Year
2015 2016 2017 2018 2019

Nyíregyháza

Eger
Göd
Nyerges-
Győr Komárom újfalu

Budapest Jászfény- Debrecen

szaru

Érd

Kecskemét

Szeged Makó

Budapest
IIH
2021 Contact
page
28 Hipa Please contact us

Address: 1055 Budapest,

Honvéd utca 20.
Customer service:
investment@hipa.hu
+36 1 872 6520
www.hipa.hu

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