Hungary 8th best in region for foreign investment

Deals

A newly released study by Big Four auditing firm Ernst & Young identified Poland as the most attractive country in the region for foreign investors, based on the number of FDI projects carried out in each country in 2005. With 180 projects, Poland ranked 5th in the entire EU, tying with Belgium, following the UK, France and Germany, which attracted foreign investors in 559, 538 and 181 instances, respectively. The Czech Republic, where foreign capital stood behind 116 projects, got the 7th place, with Hungary following close on its heels with 115 projects. While the number of Polish and Czech FDI projects increased year-on-year in 2005, Hungary saw a 17% decline, which Ernst & Young attributes to the outstanding 2004 figures rather than an unsuccessful year in 2005. (Vg 4)

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.

Support the BBJ

Industry