Why Hungary?
Mr. Zeng Peiyan, member of the Political Bureau of the CPC Central Committee and vice premier.
“China and Hungary are old friends. In recent years, a number of links evolved between the two countries in more and more areas of the economy and in scientific research. Improving links is in the interests of the peoples of both nations.”
Innovation ranking of the Economist Intelligence Unit
Current position - Country Predicted position
1. Japan 1.
2. Switzerland 2.
3. USA 3.
4. Sweden 4.
5. Finland 7.
6. Germany 5.
27. Hungary 26.
28. Czech Republic 31.
36. Slovakia 35.
37. Russia 36.
49. Poland 50.
World Economic Forum factors of growth in competitiveness
(Hungary’s position according to the nine key criteria)
- Institutions..............................46.
- Infrastructure..........................48.
- Macro economy.......................98.
- Health and primary education.....66.
- Higher education and training.....30.
- Market efficiency......................37.
- Technological readiness.............36.
- Business sophistication..............49.
- Innovation..............................31.
János Kóka, Minister of Economy and Transport
"Hungary needs to focus on innovation. The time of low costs is over. We have tourism and logistic resources, and we can be proud of the world-famous Hungarian mind. And now, in the 21st century we have the ability to turn talent into profit for the benefit of all companies investing in Hungary."
"Hungary needs to focus on innovation. The time of low costs is over. We have tourism and logistic resources, and we can be proud of the world-famous Hungarian mind. And now, in the 21st century we have the ability to turn talent into profit for the benefit of all companies investing in Hungary."
Eric Ellerkamp, Rynart Transport, CEO
"Hungary is clearly the gateway to Central and Eastern Europe. The skilled labor force is definitely one of the country's advantages, as well as the attitude of the people and their desire for development and growth. That is particularly important to investors."
"Hungary is clearly the gateway to Central and Eastern Europe. The skilled labor force is definitely one of the country's advantages, as well as the attitude of the people and their desire for development and growth. That is particularly important to investors."
S. V. Mani, Tata Consultancy Services, General Manager for Eastern Europe
"Tata Consultancy Services is an IT company. We needed to be present outside India in order to get closer to our customers. We selected four countries: the Czech Republic, Poland, Hungary and Romania. Of these Hungary emerged as the clear winner."
"Tata Consultancy Services is an IT company. We needed to be present outside India in order to get closer to our customers. We selected four countries: the Czech Republic, Poland, Hungary and Romania. Of these Hungary emerged as the clear winner."
Antonia Watson, Morgan Stanley Business Services and Technology Center, Hungary, Managing Director
"In Hungary we have found well-trained, educated people with excellent university degrees. Due to the superb labor force, we felt this was the right location for us."
"In Hungary we have found well-trained, educated people with excellent university degrees. Due to the superb labor force, we felt this was the right location for us."
Dominic Gallello, Graphisoft, CEO
"Without doubt this is a country of innovations. Hungary is the land of great mathematicians. It is pretty unique that we have ten Noble Prize winners in science for a population of 10 million people. The secret of Graphisoft's success is that we select the best and most talented graduates from the best Hungarian universities."
"Without doubt this is a country of innovations. Hungary is the land of great mathematicians. It is pretty unique that we have ten Noble Prize winners in science for a population of 10 million people. The secret of Graphisoft's success is that we select the best and most talented graduates from the best Hungarian universities."
Hannu Hantala, Elcoteq, Managing Director
"Hungary essentially provides an excellent environment for Electronic Manufacturing Services (EMS), since the country has good industrial infrastructure and a strong industrial culture in the field of electronics. Labor costs are reasonable, and the economic and political environment is stable. The country's location is also ideal."
"Hungary essentially provides an excellent environment for Electronic Manufacturing Services (EMS), since the country has good industrial infrastructure and a strong industrial culture in the field of electronics. Labor costs are reasonable, and the economic and political environment is stable. The country's location is also ideal."
Jean-Francois Dehecq, Sanpfi-Aventis, CEO
"Investing in Hungary is worthwhile. In recent years, Hungarian researchers have discovered two original molecules, which are currently in the development phase."
"Investing in Hungary is worthwhile. In recent years, Hungarian researchers have discovered two original molecules, which are currently in the development phase."
Thomas Faustmann, Audi, Managing Director
"The excellent work culture, efficiency and flexibility of Hungarian employees has allowed for rapid growth. In 15 years, Audi in Győr has grown to be the world's third largest engine manufacturer, and logistics has had to keep pace with this expansion."
"The excellent work culture, efficiency and flexibility of Hungarian employees has allowed for rapid growth. In 15 years, Audi in Győr has grown to be the world's third largest engine manufacturer, and logistics has had to keep pace with this expansion."
Mark Mirelez, National Instruments, Global Procurement Manager
"Our decision to relocate our European Distribution Centre from the Netherlands to Hungary has proved entirely justified. We have reduced operational costs, inventory level and lead-time while maintaining our high quality of service."
"Our decision to relocate our European Distribution Centre from the Netherlands to Hungary has proved entirely justified. We have reduced operational costs, inventory level and lead-time while maintaining our high quality of service."
Amos Anatot, Teva Pharmaceuticals Europe, BV
"The relocation of production from Western European countries to Hungary has proved a great success. Hungary has a very good geographical location and its transportation infrastructure for distribution to our European and non-European markets is also excellent."
"The relocation of production from Western European countries to Hungary has proved a great success. Hungary has a very good geographical location and its transportation infrastructure for distribution to our European and non-European markets is also excellent."
