• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
Foreign direct investment up significantly in January-JuneForeign direct investment up significantly in January-JuneForeign direct investment up significantly in January-JuneForeign direct investment up significantly in January-June
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Daily News · 08/07/2016
· Business

Foreign direct investment up significantly in January-June

economy Foreign Affairs Ministry of Hungary investment

Budapest, July 8 (MTI) – After a record year last year, the number of foreign investment projects in Hungary supported by the national investment promotion agency (HIPA) has grown significantly in January-June, reaching 1.33 billion euros, the foreign ministry’s state secretary said on Friday.

Thanks to the growing number of investments, a response must be given to the current labour shortage, Levente Magyar told a press conference. By contrast, before 2010 Hungary’s problem had been mass unemployment.

Robert Esik, HIPA’s president, said the agency had approved supporting 38 FDI projects in the first half of the year, 27 percent more than during the same period in 2015. These will create 8,529 jobs over the next few years, he said.

Eight new foreign investors have opted for Hungary and 32 already here have decided to reinvest here. This shows that the majority of big companies have a favourable view of Hungary, he added.

Source: MTI

economy Foreign Affairs Ministry of Hungary investment
Share
Daily News
Daily News

Related posts

kálvin square m5 metro line
15/08/2022

Check out these breathtaking visual designs of the M5 metro line! – PHOTOS


Read more
martfű termál spa
15/08/2022

Drastically high overheads: this thermal spa operates on a limited basis


Read more
OMV fuel station
14/08/2022

1,000 fuel stations won’t be able to provide full degree service in Hungary


Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • What happened today in Hungary? – August 15, 2022
  • President: Erzsébet children’s camps ‘represent what it means to be Hungarian’
  • Check out these breathtaking visual designs of the M5 metro line! – PHOTOS
  • Drastically high overheads: this thermal spa operates on a limited basis
  • Video: Watch police stop bus to arrest wanted man in Hungary
  • The Guardian: Viktor Orbán threatens the rule of law
  • Hungarian radical party: Forests are more than an energy resource
  • Technology minister discusses the production of Turkish weaponry in Western Hungary

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!