HIP MANUFACTURING

General overview for investors in Hungary’s Manufacturing sector

WHY INVEST IN THE HUNGARIAN MANUFACTURING SECTOR?

Over recent years, hundreds of new industrial investments have been carried out in Hungary. Opel, Audi, Mercedes, Knorr Bremse, Magna Automotive, LuK, Grundfos, Lego, Rehau and Nestlé, to name just a few of the international brands who have opened or extended factories in Hungary. All of them (and an increasing number of other companies) have realised the competitive advantages of opening a Hungarian plant, company, logistic centre or headquarter. Besides the stable economy and government support, Hungary has unique benefits, even compared to other CEE countries:
  • Great Central European location, logistically ideal to supply the whole European market
  • Developed transportation systems, extensive highway and road network.
  • Developed and stable utility networks; moderate and regulated energy prices
  • Developed and active industrial property market.
  • Low cost and trained labour
  • Great opportunities for supply agreements with already settled companies
  • Wide range of local, national and EU grants available for investors

Sectorial Overview

Projects - Short overviews Overall budget Status
Concrete pipe 3.3 M EUR ACTIVE
Medical device 4.4 M EUR ACTIVE
Agricultural equipment manufacturer (Hevesgép) 5 M EUR ACTIVE
Slopmax - Zero waste technology for cleaner drilling 9.8 M EUR ACTIVE
HandInScan 15 M EUR ACTIVE
Pirolisis Project - Waste tyre recycling 25 M EUR ACTIVE
Dispomedicor - Cannula and needle production 42 M EUR ACTIVE
ALL Projects
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