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Hungary recognises investors

The Hungarian Investment and Trade Agency (HITA) acknowledged eight companies that have recently made big investments in the country at a ceremony late Tuesday. HITA presented the Investor of the Year awards in eight categories. Procter and Gamble was acknowledged for the biggest greenfield investment, one worth almost $85 million that created 150 jobs in Gyöngyös. The prize for biggest expansion went to Ibiden, for two investments worth a combined €104 million that created 350 jobs in Dunavarsány, near the capital. Bridgestone was recognised for a €267 million capacity expansion that created the most jobs, 505, at its plant in Tatabánya. Systemax took the award for biggest regional service centre development, an investment which created 200 jobs. The prize for biggest regional service centre expansion went to Avis Budget Group BSC, which raised headcount at its service centre in Hungary by 235. Audi Hungária Motor was recognised for best research and development cooperation. The Pécs South Industrial Park was named the best industrial park of the year. Automotive industry supplier Csaba Metal won the prize for best Hungarian supplier. The awards were presented for the second year.