International Investor Award Winner
HIPA
FDI Destination Of The Year // CEE 2024
The Hungarian Investment Promotion Agency (HIPA) was established by the Hungarian Government in 2014 in order to facilitate investments by providing client –oriented services. Hungary offers several types of incentives in order to support the settlement of companies in the country and HIPA provides up-to-date information for inquiring companies.
A business-friendly environment, one of Europe’s most competitive taxation systems, a highly-skilled workforce and lucrative incentive opportunities have been driving investments to a record high year after year in Hungary. Between 1 January 2014 and 31 December 2023, HIPA guided 2,123 projects in value of some EUR 49 billion to create over 150,000 new jobs. In 2023 HIPA doubled the previous investment record set one year earlier, with 209 projects generating investments worth EUR 13 billion.