HUNGARY
As a member of the European Union, Hungary offers access to a market of 250 million people within a 1000km radius, while the EU common market more than 500 million people.
Hungary is situated in the heart of Europe, which makes the country optimal for manufacturing, services and logistics. Hungary is the ideal base for investors who are planning business developments, including those coming from distant countries and wishing to seize European markets.
Key reasons to invest in Hungary:
- Ideal geographical position in the center of Europe for manufacturing, services and logistics
- Excellent infrastructure, ready-made industrial sites, offices and science parks
- Good balance of labor costs and quality
- Governmental incentives (cash subsidy, tax allowance)
- Investment friendly economic policy
- Competitive tax system
KEY INVESTMENT SECTORS