Hungarian Investment Promotion Agency

In the history of the Hungarian Investment Promotion Agency (HIPA), it happened in 2019 for the first time that the number of foreign direct investments (FDI) in Hungary exceeded 100. In the last year, a total of 101 projects attracted investments worth EUR 5,...

2020. 01. 08.

Trial operation is to start soon and live production will be launched early 2020 in the new plant of K&P Chem implemented in Szolnok in the framework of an investment worth EUR 16.5 million. This plant that will manufacture basic materials for cosmetic pro...

2019. 10. 10.

The petrochemical division of MOL Group is building a complex chemical plant worth EUR 1.2 billion. The establishment of this petrochemical complex, which will be capable of producing, practically with zero emission, 200,000 tonnes of polyol (a plastic raw mat...

2019. 09. 27.

Significant and favourable changes will be introduced in the non-refundable cash incentive system provided on the basis of individual government decision, as of October 1, 2019, according to Government Decree 227/2019. (IX. 26.) amending Government Decree 210/...

2019. 09. 26.

Examining the job creation effect of foreign direct investment (FDI) projects, we can conclude that Hungary continues to be one of the world leaders. Based on the IBM-PLI Global Location Trends 2019 report, our country is placed 16th globally based on the numb...

2019. 09. 25.

The first European Krones production plant outside of Germany has been handed over in Debrecen. The new unit, which is the result of a greenfield investment of around EUR 49 million, will use the latest technologies for its manufacturing of bottling machines f...

2019. 09. 19.

A comprehensive investment program lasting until 2026 is launched at the Hungarian site of DUOCOR. In the furniture production plant belonging to the German family business, new halls will be built for EUR 10 million, and the machine park will also be renewed,...

2019. 09. 18.

The first production line of the British American Tobacco factory in Pécs was handed over, which is to produce potentially reduced-risk, innovative products compared to the traditional tobacco products. In the framework of the EUR 23.8 million investment even ...

2019. 09. 02.

The Hungarian Investment Promotion Agency (HIPA), the Association of Hungarian Foundries (MÖSZ) and six Hungarian suppliers are to be introduced at the most significant trade fair for casting products in Düsseldorf.

2019. 06. 21.