Hungarian Investment Promotion Agency - HIPA

☄ 📢☄ Hungarian-owned Lightware Visual Engineering, Europe’s top #AV #manufacturer announced two new investments. With the 📌EUR 23.8 million projects the company is enhancing its #Budapest headquarters with multiple R&D activities and establishing a new #SSC office in #Szeged. With the developements Lightware creates 📌43 high value-added jobs.

🇦🇪This morning, we welcomed His Excellency Abdulla Bin Touq, Minister of Economy of the #UAE, at HIPA. 🤝Bilateral relations between #Hungary and the #United #Arab #Emirates are developing dynamically. #Investment ties may be upgraded soon, especially now that we have identified #numerous sectoral cooperation #opportunities during today's meeting. These include #healthcare, #financial services, #AI, precision #agriculture, and the list goes on. The Middle Eastern monarchy is an excellent partner of Hungary thanks to its extensive development, investment, and trade activities, and the Hungarian Investment Promotion Agency - HIPA is ready to provide all the assistance it can to further strengthen the relationship. We are honoured by your visit!

I remember it like it was yesterday… It's been 2️⃣ years since I've been running the Hungarian Investment Promotion Agency - HIPA. I am #proud to look back on the past few years, as we have had many #successes even in these difficult times. In two years, we have announced 1️⃣0️⃣5️⃣ projects worth more than 2️⃣1️⃣ billion euros. These #investments account for nearly 41,000 new jobs.   On HIPA’s initiative, 1️⃣5️⃣5️⃣ government decisions have been made to develop industrial parks, worth almost EUR 3️⃣ billion.   And yet, we are not stopping, as proven by the 1️⃣1️⃣4️⃣9️⃣ #events of the last two years, including hundreds of #meetings and #consultations with #companies, 8️⃣ gatherings with the Prime Minister, 1️⃣6️⃣5️⃣ Ministerial programmes, 4️⃣0️⃣ Cabinet meetings, 4️⃣7️⃣ executive conferences, 3️⃣2️⃣ working group gatherings, 3️⃣5️⃣ #presentations and 3️⃣0️⃣ #interviews.   A huge #thanks to my colleagues, the professional and prepared team of #HIPA, for the two years of work behind us. We will surely continue 💪

💉⚡💉By investing ▶️EUR 76 million, German-owned SCHOTT Hungary Kft. has inaugurated its brand-new #prefillable #syringe facility in Lukácsháza located in Vas county. The project creates ▶️120 new jobs in the area. Find out more about the #investment by clicking here: https://bit.ly/3Xo9pFV

🔔SMR Automotive Mirror Technology Hungary Bt., a Motherson Group company, has announced to implement a 💥EUR 33.3 million investment in Hungary. The Indian #automotive #supplier’s development aims to expand #production and #logistics capacities and install #automation at four different sites in the country.

🇫🇷🤝🇭🇺 #French-#Hungarian bilateral economic relations have further strengthened. Less than a year ago, we laid the foundation stone of Schneider Electric's brand new #zero-#emission factory in #Dunavecse. At the inauguration of the state-of-the-art factory, our plans became a reality, marking the best part of the job. As a part of a EUR 81 million investment, the establishment of the 28,000 m2 smart factory, was supported by EUR 10.5 million from Hungarian Investment Promotion Agency - HIPA. The French group now provides a livelihood for more than 2️⃣0️⃣0️⃣0️⃣ families in Hungary. There was #huge #competition within the company for the realisation of the investment; however, Dunavecse rang the bell. Thanks to all the employees of the Hungarian subsidiary, without them, this success would not have been possible.

🔔💥🔔 With 150+ years in the energy industry, Siemens and Siemens Energy (2020) are moving forward. They’ve announced a three-part major #investment #programme in #Budapest: 📌inaugurated a multifunctional manufacturing hall for gas turbine burners, 📌opened an innovattive dual training center and 📌 a 1.5 MW solar park also has been comleted. The ▶️EUR 60 million investment brings a whole new era for the Hungarian subsidary strengthening its position within Siemens.

🏆🌍Another remarkable #international #recognition: #HIPA is the #best #investment #promotion #agency in the region. The 13th AIM Congress Awards took place with more than 12,000 professionals from 180+ countries around the world, and the Hungarian Investment Promotion Agency - HIPA has won the AIM #Investment #Award for the best agency in the region covering #Central #Eastern #Europe and Turkey. This unique recognition is a testimony to #Hungary's conscious investment #strategy, which has led to a record EUR 13 billion of investment coming to Hungary in 2023, creating nearly 20,000 new jobs. 🤝#Congratulations to all my #colleagues! We will continue our work at full speed.

Go, #Hungarians! 🇭🇺 Today was about Hungarian companies. 4️⃣ locations: 3️⃣ new #investments and 1️⃣ #industrial park 👩🎓CallComm Zrt. has completed an office expansion in #Nyíregyháza with an investment of almost EUR 3️⃣ million. The call centre is also a good job opportunity for young people graduating from the local university. Hungarian Investment Promotion Agency - HIPA is providing almost one third of the investment.✔   👨🏭Thanks to the investment of PIMCO Kft., the joint venture of Masterplast Group and Selena Group, the #production of #glass #wool insulation materials is #restarting in Hungary after a gap of several decades. The development in of EUR 4️⃣8️⃣ million will be completed by the end of the year, for which we are providing almost EUR 15 million in funding, thus aiding the creation of another 1️⃣0️⃣0️⃣ jobs in #Szerencs.✔ The world-famous HELL ENERGY will provide a safe livelihood for another 2️⃣4️⃣0️⃣ employees in #Szikszó, thanks to a complex investment of EUR 228 million. The development allows the company to produce up to 6 billion finished products a year.✔ Lastly, the city of #Edelény has created an industrial park of nearly 10 hectares with a state support of nearly EUR 2 million.✔ ️⚡The week could not have ended better.

🇭🇺 🇩🇪 Another milestone in #Hungarian-#German economic cooperation! Today we had the honour to announce #three #investments at the Siemens Energy ceremony. A new 17,000-square-metre, two-story, multifunctional #production #facility has been inaugurated, ready for the production of gas turbine combustors. 👨🎓 In addition, the company's new dual #training #centre will open to develop the technical and digital skills of new and existing colleagues. Thirdly, a 1.5 MW #solar #farm has been completed under the Factory Rescue Programme. The three-part investment programme is worth over EUR 6️⃣0️⃣ million, with a Government fund of more than EUR 2️⃣ million.