Hungarian Investment Promotion Agency - HIPA

🎉 We are excited to announce the Business Services Hungary 2024 Conference & Award Ceremony, an exclusive, invite-only gathering of top industry leaders. The Hungarian Investment Promotion Agency - HIPA, in partnership with ABSL Hungary and AmCham Hungary, organizes this highly anticipated annual event specifically for the most distinguished experts in Hungarian business services. What can you expect on November 14 at Kempinski Hotel Corvinus, Budapest? 🗣️ Welcome speeches given by H.E. Mr. Péter Szijjártó, the Minister of Foreign Affairs and Trade, Mr. István Joó, the CEO of #HIPA, and the Presidents of #ABSL and #AmCham Hungary. 💡 The latest #AI innovations and trends will be explored through inspiring workshops and presentations, with a distinct emphasis on Hungary's TIER2 university towns. Additionally, the event provides unparalleled #networking opportunities with key personalities of the industry. Check out last year's highlights here: https://lnkd.in/ddVG3-ud Please note that attendance is by #invitation only. #BusinessServicesHungaryConference #BusinessServicesHungary #BSC #inviteonly #event

🚗 We are proud to have hosted the first BYD Supplier Forum - Hungary. Over two dynamic days, we facilitated invaluable meetings between BYD, one of the world’s leading #EV manufacturers, and top Hungarian #automotive companies. In the #HIPA offices, 112 Hungarian companies had the opportunity to present themselves to the 7 committees of BYD's procurement department. While the event lasted, passersby had the chance to admire the latest models of #BYD, BYD #Tang and the all-electric Seal U DM-i before the official #premiere. Thank you to our #partners Magyar Járműalkatrészgyártók Országos Szövetsége MAJOSZ and Magyar Gépjárműipari Egyesület - MAGE and all #participants for making this event a #success. We look forward to continuing to drive investment and growth in Hungary’s automotive sector! 👉🏽 Read more about the event here: https://lnkd.in/d_QqqFQU #BYDSupplierForumHungary2024 #BYDSupplierForum

Today's destination: #Shenzhen, China 🇨🇳   In three days, we are meeting 14 companies and two business federations to discuss investment #opportunities in #Hungary.    An analysis shows that #China has already outperformed its competitors in 37 out of 44 high-tech areas, which is a huge opportunity for us too.    As part of our #investment promotion strategy, our visit focuses on attracting cutting-edge investment in #biotechnology, #medical technology, and industrial #automation.    And while we are in Shenzhen, we are also visiting the BYD headquarters.

We started the day this morning with the Senior Vice President and COO of BYD   In #Szeged, construction is already in full swing, and everything is going according to plan. The road ahead is still long, but there is every reason to be optimistic that the Chinese company will be able to start #production as early as next year.    The company has started #cooperation with vocational training schools in Szeged and the surrounding area, as well as with the @University of Szeged.   #BYD is fully committed to employing local labour and domestic supplier capacity.   Last but not least, protecting the #environment is also a top priority for the company, and to achieve this, they teamed up with the University of Szeged to implement a monitoring system.

🗞️ The widest circulation German-language business and finance paper, Handelsblatt also praises Hungarian #automotive investments #Germany welcomes #BMW's plant construction in Debrecen, similarly to the Hungarian investment environment. 🏭 The success of the #Debrecen plant can be attributed to its unique operating principle: in addition to the production of the Neue Klasse models, the training centre is already well underway to train future employees. Experts and managers alike have said that BMW Group is giving Debrecen the boost it needs. #Hungary remains committed to its investors, and we have enabled #CATL and #EVE Power to locate in the city, following #nearshoring trends. 📖 Read the full article here: https://lnkd.in/dDYXZ_qy

🥇Thanks to our unique and forward-thinking investment promotion strategy, #Hungary🇭🇺 has achieved remarkable success on the global stage, according to World Intellectual Property Organization – WIPO’s Global🌍 Innovation Index 2024. 🏆Out of 133 countries, Hungary has ranked #1st worldwide in terms of #FDI inflow. This reflects not only our highly attractive investment environment but also how strategic decisions are driving #innovation, enhancing #competitiveness, and fuelling sustainable #growth. The study also highlights key achievements that reflect Hungary’s strengths: 🥇 Besides gaining the #1st place in terms of FDI inflow, our country became… ⚙️ #7th in high-tech manufacturing, showcasing our expertise in cutting-edge technologies and advanced industries. 🤝 Overall, we ranked #9th in joint publications between companies and universities, underscoring the strong collaboration between academia and industry, praising our unique research and development initiatives. 🚛 Finally, Hungary achieved the #11th position in combined export and production. At Hungarian Investment Promotion Agency - HIPA, we remain committed to strengthening partnerships and continuing to position Hungary as a preferred investment destination.

💧The #HIPA Team also helps to protect against the #flooding of the decade 🏙️In #Budapest, water levels already exceeded 8️⃣ meters, and most of the coastal municipalities are on high alert. 👏🏽In addition to their professional work, our colleagues also keen to support charitable causes. Over three days in different locations, our #volunteering colleagues helped the municipalities protect themselves in an organised way. 🇭🇺Together, we can do it!

Born in #Barcelona, made in #Győr! Győr is intertwined with AUDI AG, but from today, also with the CUPRA #Terramar model, as the new car from the sister company will also be making its world conquest from the Kisalföld. The #competitiveness of the European industry is in decline due to the misguided decisions made in Brussels, with the US and China also pulling away. That is why it is a fantastic #achievement that at a time when the car industry is going through a difficult period, characterised by contraction, a new model is being launched in Győr. We are #proud of the nearly 12,000 employees of AUDI HUNGARIA Zrt., because without their professional work, the company's management in Germany could have chosen one of the other 21 factories in the world to implement this development.

The #challenge is enormous, but so is the #unity. In this difficult situation, the team of the Hungarian Investment Promotion Agency - HIPA is also striving to do its part in the #fight #against the #floods. State and municipal authorities, along with the military, are working tirelessly and professionally, but #volunteers are also greatly appreciated. Together, we will succeed. 🇭🇺

#Baranya County is in the spotlight   The 100-year-old Japanese car seat cover manufacturer, #SEIREN has started series production at its plant in #Pécs. The EUR 42 million investment creates 170 jobs and establishes a significant supply for the largest car manufacturers.   The company from the Land of the Rising Sun is also committed to cooperating with the University of Pécs. All in all, yesterday’s discussion with SEIREN's Chairman, Mr. Kawada Tatsuo, and President, Mr. Yamada Hideyuki, and other colleagues from SEIREN Hungary Kft. went with great success.