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Hungary among top CEE investment destinations

Investors coming to Hungary receive quality services and are in general satisfied with the terms in the country, a study compiled by financial consultant Ernst & Young (E&Y) revealed.

The analysis conducted with the participation of over 200 investors found that Hungary is the second most popular country in the CEE area for setting up research and development centers while the region overall is still highly sought after for installing industrial production capacities.

Hungary’s high appeal lies in the availably of qualified workforce, reliable telecommunications infrastructure and investors are also happy with the state of logistics and transport, E&Y said.

International firms already active in Hungary are still happy with their decision to come to the country and half of them are planning further investments and expansions, the survey stated. (Napi Gazdaság)