Hungary recognizes investors with awards


Hungary’s Ministry of Foreign Affairs and Trade and the Hungarian Investment Promotion Agency (HIPA) acknowledged eight companies that have recently made big investments in the country at a gala late yesterday, Hungarian news agency MTI reported.

The Investor of the Year awards were presented in eight categories by Foreign Minister Péter Szijjártó and HIPA chairman Róbert Ésik (pictured).

Indian-owned Apollo Tyres was acknowledged for the biggest greenfield investment. The award for biggest expansion went to Japanese-owned automotive industry supplier Denso Gyártó Magyarország. Stockholm-based automotive safety company Autolivʼs local unit was recognized for an expansion that created the most jobs. GE Hungary took the award for the biggest regional service center development. The award for biggest regional service expansion went to IT Services HungaryNokia Solutions and Networks was recognized as the yearʼs best research and development investor. Hajdú Autotechnika took the award for best Hungarian supplier. The Miskolc South Industrial Park in northeastern Hungary was named most investor-friendly industrial park of the year. This is the third year the awards have been presented.


European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.