Hungary
Opportunities in Hungary
Hungary has made significant developments in various sectors in recent years and offers investment opportunities. Notably, advancements are observed in the automotive, technology, tourism, and real estate sectors.
Automotive Sector:
Hungary is one of Europe's leading countries in automotive production and export. The increase in the number of foreign investors operating in the country has supported growth in the automotive sector. However, recently, there has been a 10% decline in production in the automotive and electrical equipment sectors.
Technology and Innovation:
Hungary is making significant strides in technology and innovation. The capital, Budapest, hosts numerous start-ups and technology companies, earning it the nickname "Silicon Valley." The country's commitment to research and development and participation in EU-supported projects strengthen its innovation ecosystem.
Tourism Sector:
Hungary recorded a 17% increase in tourist arrivals in 2024. In January 2025, this increase reached 20%. Budapest experienced a 30% rise. The government has announced a tourism bank and hotel support programs to strengthen the travel sector by 2025.
Real Estate and Construction:
The real estate and construction sector in Hungary is developing, especially with new business and living center projects. Government-supported initiatives like home renovation assistance and hospital projects encourage growth in the sector.
Investment Opportunities:
Hungary offers an attractive environment for investors with its strategic geographical location, investor-friendly policies, and developing infrastructure. The increase in the number of foreign investors operating in the country creates significant opportunities for Turkish companies as a production and logistics hub.
Conclusion:
Hungary stands out with developments in sectors such as automotive, technology, tourism, and real estate, along with the investment opportunities it offers. Various incentives and supports are available for investors, providing significant prospects within Hungary's dynamic economy.
