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ADVANTAGES OF DOING BUSINESS IN
HUNGARY

Hungary offers a strategic location in Europe, providing easy access to markets. It boasts a skilled and cost-effective workforce, with a well-developed infrastructure. The government supports businesses with pro-business policies, tax incentives, and a relatively low level of bureaucracy. Hungary's diverse economy and steady growth make it an attractive destination for companies looking to establish or expand in Europe.

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Human Resources

Hungary's workforce is a valuable asset for businesses, characterized by a high level of education and skills. The country places a strong emphasis on higher education and technical training, producing a pool of talented professionals across various fields.

 

This skilled workforce is a significant advantage for companies, providing them with access to a competent and innovative talent pool. Whether in manufacturing, technology, or services, businesses in Hungary can benefit from the expertise and capabilities of the workforce, contributing to increased productivity, efficiency, and overall success in a competitive global market.

Quality of Life

Hungary's high quality of life is a significant asset for businesses operating in the country. The pleasant living conditions, affordable healthcare, and excellent educational facilities contribute to a content and motivated workforce. This, in turn, enhances productivity and employee satisfaction. The cultural richness and recreational opportunities in Hungary also make it an appealing destination for international professionals, facilitating talent attraction and retention for businesses.

 

A high quality of life not only fosters a positive work environment but also contributes to the overall well-being of employees, ultimately benefiting businesses by ensuring a healthy, motivated, and dedicated workforce.

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Business-friendly climate

Hungary's pro-business policies play a pivotal role in creating a favorable environment for companies. The government has implemented various initiatives, including tax incentives and subsidies, to encourage foreign investment and stimulate economic growth. These policies reduce the financial burden on businesses, making Hungary an attractive destination for both startups and established companies.

 

Additionally, the relatively low level of bureaucracy streamlines administrative processes, allowing for quicker and more efficient business operations. The commitment to creating a business-friendly atmosphere demonstrates Hungary's dedication to fostering economic development and providing a platform for companies to thrive.

 

Overall, these pro-business policies contribute significantly to the ease of doing business in Hungary and enhance the country's appeal for both domestic and international investors.

Cost-effective Labor

Hungary's labor costs present a compelling advantage for businesses. Compared to Western European countries, Hungary offers a cost-effective labor market without compromising on the quality of the workforce. The skilled and educated professionals in Hungary contribute to increased productivity, making it an attractive option for companies seeking competitive operational costs.

 

The favorable balance between skilled labor and cost-efficiency allows businesses to maintain a high level of efficiency while managing operational expenses effectively. This aspect contributes to Hungary's overall appeal as a destination for companies looking to optimize their budget without compromising on the quality of talent and expertise.

Access to Markets and Logistics

Hungary's strategic location in the heart of Europe serves as a key advantage for businesses. With easy access to both Western and Eastern markets, the country functions as a logistical gateway, facilitating efficient trade and distribution networks.

 

The well-developed transportation infrastructure, including highways and railways, further enhances Hungary's position as a central hub for commerce. Businesses operating in Hungary benefit from streamlined logistics, allowing for cost-effective and timely movement of goods.

 

This strategic positioning not only simplifies supply chain management but also positions Hungary as an ideal base for companies looking to expand their market reach across Europe and beyond.

Hungary has access to:

  • Airports in Budapest, Győr, Hévíz and Debrecen

  • River ports on Danube (Komárom, Budapest, Mohács)

  • Multiple highways and motorways (M0, M1, M3, M5,...)

  • Extensive railway network

Top Companies in Hungary

  • MOL Nyrt.

  • 4iG Nyrt.

  • OPUS GLOBAL Nyrt.

  • AUTOWALLIS PLC

  • OTP BANK Nyrt.

  • MVM Zrt.

  • AUDI HUNGARIA Zrt.

  • SAMSUNG Zrt.

  • E.ON Group

  • ROBERT BOSCH Group

  • MERCEDEZ BENZ MANUFACTURING HUNGARY Kft.

  • MAVIR Zrt.

  • BORSODCHEM Zrt.

  • TRADIS Zrt.

  • MAGYAR TELEKOM

  • ALTEO ENERGIASZOLGALTATO Nyrt.

  • ZWACK UNICUM Nyrt.

  • PANNERGY Nyrt.

  • CIG PANNONIA ELETBIZTOSITO Nyrt.

  • ANY BIZTONSAGI NYOMDA Nyrt.

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