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IN HUNGARY

LOGISTICS &
TRANSPORTATION
INDUSTRY
HUNGARY
SMART.
AMBITIOUS.
COMPETITIVE.
6
14
16
18
38
42
ABOUT HUNGARY
WHY HUNGARY?
LOCATION
INFRASTRUCTURE
LABOUR FORCE
HUNGARIAN INVESTMENT
PROMOTION AGENCY (HIPA)
Published by the Hungarian Investment
Promotion Agency, HIPA
All rights reserved © HIPA, 2018
www.hipa.hu
Logistics & Transportation Industry in Hungary 5
HUNGARY
(Source: HCSO
= Hungarian Central Statistical Office)
AREA
93,023 m2
FORM OF
GOVERNMENT
PARLIAMENTARY
REPUBLIC
TIME ZONE
GMT + 1 HOUR
CURRENCY
FORINT
(HUF)
GDP (PPS)
EUR 192,855
MILLION
(2016, HCSO)
GDP GROWTH
4.0%
(2017, HCSO)
MEMBERSHIP IN INTERNATIONAL
ORGANISATIONS
EU, UN, OECD, WTO, NATO, IMF, EC
EU member since 2004
CLIMATE
TEMPERATE
(similar to the rest of
the continental zone)
RISK OF NATURAL
DISASTERS
VERY LOW
OTHER MAJOR CITIES
POPULATION
Debrecen (201,981)
Szeged (161,137)
Miskolc (157,177)
Pécs (144,675)
Győr (129,301)
CAPITAL
BUDAPEST
POPULATION
1,752,704
(2017, HCSO)
POPULATION
9,797,561
(2017, HCSO)
INFLATION
2.4%
(2017, HCSO)
Logistics & Transportation Industry in Hungary 7
ABOUT HUNGARY
MAIN FIGURES

YOU CAN
COUNT ON THE
GOVERNMENT’S
COMMITMENT
TO FURTHER
IMPROVE THE
BUSINESS CLIMATE
H ungary is an open economy where particular
emphasis is placed on encouraging foreign
direct investment (FDI). Partnership with
potential investors is a national priority; special attention
is paid to the needs of companies already settled
in Hungary, and to the further improvement of the
business climate.
ABOUT HUNGARY
FDI IN FOCUS
Inward FDI stock
amounted to 66% of the
GDP (2016) the highest
ratio in the region.
HUNGARY Source: wiiw FDI Database

66%
CZECH
REPUBLIC
62%
SLOVAKIA
51%
POLAND
40%
SLOVENIA
32%
Logistics & Transportation Industry in Hungary 9
ABOUT HUNGARY
BUSINESS ENVIRONMENT
INVESTMENTS IN FOCUS
...is helping
companies to function
reliably by providing a
clear agenda on economic
development and FDI
strategy.
...has modified its
taxation and incentive
system related to R&D
activities to make
Hungary the innovation
hub of CEE.
…is committed to
further reduce taxes
on employment.
...has introduced a
new incentive scheme
supporting
technology intensive
investments.
...offers companies a
strategic partnership,
and provides them
with fast access to the
Government.
...has created
the most competitive
CIT in the EU
with 9% flat rate.
...further improved
the practice-based
dual education system
built on industry
needs.
...has introduced its
unique economic
development plan
based on Industry 4.0
requirements.
IN ORDER TO IMPROVE
THE BUSINESS CLIMATE
THE HUNGARIAN
GOVERNMENT...
11
GASTRO STORY
The dining scene in Budapest is livelier
than ever, practically you can find the
cuisines of every culture in the capital,
from high-end Michelin-star restaurants
to no-frill eateries, small bistros and
must-try food trucks.
EXPATS LIKE HUNGARY
Budapest is a city full of surprises and
wonders, with its lively centre, pretty parks,
majestic river, tall church spires, and lavish
spas. One of the most exciting cities in the
world, Budapest is full of secrets, hidden spots
to explore, and old favourites to revisit. This is
the city where being bored is not an option.
INTERNATIONAL SCHOOLS
Expatriates looking to stick with the curricula
of their home countries can choose from a
range of private international schools for
their children. There are also many English,
German or French public and private preschools
for children aged from three to six.
The school year starts in September and
ends in June, and school buses are usually
available at private schools. There are many
opportunities to study in a foreign language
at universities too.
EXPLORE THE COUNTRYSIDE
Hungary’s diverse countryside offers a wide
range of outdoor activities: 11,000 kilometres
of hiking routes; more than 4,000 kilometres of
cycle paths; 14 golf courses; 10 national parks;
and many protected nature reserves for those
in love with fresh air. The protected Pusztaregion,
the Great Plain, the romantic Danube
Bend with its historic sites, and pretty baroque
towns, such as Eger, attract visitors all over the
year. Lake Balaton, the largest fresh water lake
in Central Europe, is a perfect holiday resort.
Did you know that…
…the kindergarten and the elementary
school division of the International School of
Debrecen will start to operate in September
2019 and its upper school education starts
running from September 2020?

5
HUNGARY
ranked among the
TOP COUNTRIES
in the BOCUSE D'OR
competition
in 2017
Logistics & Transportation Industry in Hungary 13
ABOUT HUNGARY
QUALITY OF LIFE
27h
9h
1.5h
1h
54h 36h 18h
2.5h 18h
CYPRUS
DENMARK
MALTA

HUNGARY
AN IDEAL LOCATION
FOR REGIONAL
DISTRIBUTION
CENTRES
GMT + 1 hour
Logistics & Transportation Industry in Hungary 15
WHY HUNGARY?
COMPETITIVE ADVANTAGES
World-class quality
infrastructure
Easy access to both
Western and Eastern
European countries
from the heart of the
continent
World-class
warehousing
solutions
European Commission, REGULATION (EU) No 1316/2013 O.J. L348 - 20/12/2013

H ungary is located at the crossroads of three


TEN-T Core Network Corridors, granting
easy access to the 500 million consumer
market of the European Union. Several major European
ports are nearby, as are the rapidly growing
markets of the Balkans, the CIS states and Turkey.

TRANS-EUROPEAN
TRANSPORT NETWORK
TEN-T CORE NETWORK CORRIDORS
Logistics & Transportation Industry in Hungary 17
Source: EU Transport in Figures – Statistical Pocketbook 2017
HUNGARY POLAND CZECH
REPUBLIC
ROMANIA BULGARIA SLOVAKIA
(km)
1800
1600
1400
1200
1000
800
600
400
200
1884
1559
776 747 734
463
INFRASTRUCTURE
MOTORWAY NETWORK

T hanks to Hungary’s highly developed


transport infrastructure and an established
background in logistics, companies
can benefit from remarkably high efficiency
and added value – enabling them to dramatically
improve the quality of their services.
Hungary has one of the highest motorway densities
in all of Europe and the third highest road
density, after Belgium and the Netherlands.
6 European capitals can be reached from Budapest
within only a few hours’ drive on motorway.
Existing
Future development
MOTORWAYS IN HUNGARY
M1: Budapest – AUT
M3: Budapest – RO/UKR/SK
M5: Budapest – SRB
M6: Budapest – Pécs
M7: Budapest – SLO
M15
M1 M3
M0
M9
M5
M43
M6
M60
M9
M9
M8
M86
M0
M10
M2
M25
M30
M3
M49
M4 M4
M44
M8
M9
M3
M35
M7
Budapest
Bra_slava
Vienna
Zagreb
SLOVAKIA
UKRAINE

OF MOTORWAYS IN CEE
Logistics & Transportation Industry in Hungary 19
Budapest
Arad
Trieste
Ro•erdam
Salzburg
Munich
Rijeka
Hamburg
Scheduled
block trains
Nonscheduled
Scheduled
barge service
RAILWAYS
Záhony/Chop
Bryansk
Moscow
Nizhny
Nowgorod Ekaterinburg
Tyumen
Omsk
Novosibirsk
Osaka
Krasnoyarsk
Tayshet
Irkutsk
Ulan-Ude
Chita
Zabaykalsk/Manzhouli Harbin
Shenyang Vladivostok
Dalian
Peking
Qingdao
Shanghai
Busan
Tokio
Tianjin Incheon
Osinki
Iletsk
Aktogay
Druzhba/Ala Shankou
Chongqing

H ungary has direct connection to all


significant harbours and terminals in
Europe. Several main train lines connect
Hungary with the main ports of Western Europe
(e.g. Hamburg, Bremerhaven, Rotterdam), the
Adriatic (Koper, Rijeka, Trieste), the Mediterranean
(Piraeus) and the Black Sea (Constanta) with
regular block train services.
Záhony, the Hungarian border city plays a significant
role in the East-West rail transport: this is where the
European standard gauge railway network meets
the eastern broad gauge system, and the transfer
takes approximately 19 to 22 days to China.
INFRASTRUCTURE
RAILWAY NETWORK
ALTERNATIVE TRANSPORT
CONNECTION
BETWEEN FAR EAST AND EUROPE
Logistics & Transportation Industry in Hungary 21
11,000
20,000
19–22
24–47
Rail
Sea
Distance (km) Transit time (days)

km 7,712 km
HUNGARY

THE HUNGARIAN
RAILWAY NETWORK
RFC lines in Hungary 2HUNGARY IS
RANKED
Nr. 6
BY RAILWAY LINE DENSITY
IN EUROPE
INFRASTRUCTURE
RAILWAY NETWORK
LEGEND
Stations
RFC 11: Amber RFC
main line
RFC 6: Mediterranean RFC
diversionary line
main line
RFC7: Orient/East-Med RFC
diversionary line
main line
Logistics & Transportation Industry in Hungary 23
Amsterdam
Antwerp
Ro_erdam
Constanta

DANUBE-RHINE-MAIN
CANAL
THROUGH THE CONTINENT

H ungary is landlocked but has access to the


North Sea and the Black Sea via the river
Danube. The Danube-Rhine-Main Canal
connects Rotterdam, Amsterdam, Antwerp and
the industrial centres of Western Europe with the
Black Sea, through the Danube–Black Sea Canal
with Constanta.
TEN-T Core Danube ports: Komárom, Budapest
TEN-T Comprehensive Danube ports:
Győr-Gönyű, Dunaújváros, Paks, Baja, Mohács
Major inland ports are located in Győr-Gönyű,
Komárom, Budapest, Dunaújváros, Paks, Baja
and Mohács.
INFRASTRUCTURE
WATERWAYS AND PORTS
Logistics & Transportation Industry in Hungary 25
BUDAPEST
INTERNATIONAL AIRPORT
THE FASTEST GROWING
CEE AIRPORT
Pécs-Pogány
Győr-Pér Debrecen
Sármellék
BUDAPEST

H ungary is within two hours by air from most


major European capitals, and provides a
key link between Europe and the rapidly
expanding markets of the East.
Budapest Airport had 14.5% increase in passenger
numbers and 13.4% increase in cargo volumes
in 2017, serving millions of businesses and passengers.
More than 125 direct flights are operated
from Budapest to North-America, Middle East,
China and almost all European countries.
BUD: 2020
As part of the current EUR 160 million bud: 2020
Development Program, Cargo City a 16,000 sqm
new dedicated air cargo handling facility will be
handed over in Q2 2019, and will expand the hub’s
cargo handling capacity to 250,000 tons per year.
NUMBER OF DIRECT FLIGHTS
FROM BUDAPEST A WEEK
/ FLYING TIME IN HOURS
TO SOME MAJOR DESTINATIONS
Berlin
40 / 1:30
Brussels
39 / 2:00
Cairo
4 / 3:05
Chicago
2 / 10:15
Copenhagen
8 / 1:50
Doha
14 / 5:20
Dubai
9 / 5:20
Dublin
13 / 3:20
Frankfurt
49 / 1:45
Helsinki
37 / 2:20
Istanbul
28 / 2:05
Kiev
11 / 1:40
Lisbon
11 / 3:55
London
91 / 2:50
Moscow
21 / 2:30
Munich
31 / 1:15
New York
4 / 9:45
Oslo
10 / 2:30
Paris
42 / 2:20
Philadelphia
7 / 10:30
Prague
43 / 1:25
Rome
25 / 1:50
Tel Aviv
21 / 3:15
Toronto
10 / 9:40
Vienna
21 / 0:45
Zurich
21 / 1:40
Amsterdam
38 / 2:10
Astana
2 / 5:15
Athens
11 / 2:00
Baku
2 / 3:45
Beijing
4 / 9:55
Munich
5 / 1:30
London
9 / 2:55
Paris
2 / 2:40
Milan
2 / 1:50
Eindhoven
3 / 2:20
Malmö
2 / 1:55
Tel Aviv
2 / 3:15
Moscow
2 / 2:10
Dortmund*
2 / 2:05
Barcelona*
2 / 2:45
Basel-
Mulhouse-
Freiburg*
2 / 2:00
Doncaster/
Sheffield*
2 / 2:55
Larnaca*
2 / 2:45
*new flights
from December
2018
DIRECT FLIGHTS
FROM DEBRECEN
INFRASTRUCTURE
AIR TRANSPORT
Note: Summer flight schedule 2018
Logistics & Transportation Industry in Hungary 27
Baku
Reykjavik
Kiev
London (LHR, LGW, LTN, STN)
Edinburgh
Leeds Bradford
Manchester
No•ngham
Liverpool
Bristol
Glasgow
Birmingham
Istanbul (IST, SAW)
Basel
Geneva
Zurich
Gothenburg
Malmo
Stockholm (ARN, NYO)
Barcelona
Palma de Mallorca
Madrid
Las Palmas
Tenerife
Malaga
Alicante
Valencia
Santander
Bordeaux
Marseille
Ibiza
Algiers
Belgrade
Moscow
(SVO, VKO)
Tirgu Mures
Bucharest
Lisbon
Porto
Faro
Agadir
Fuerteventura
Marrakech
Warsaw
Oslo
Stavanger
Bergen
Amsterdam
Eindhoven
Ro.erdam
Malta
Palermo
Riga
St. Petersburg
Bari
Naples
Rome
FCO, CIA)
Pisa
Milan
Bergamo
Venice
Bologna
Catania
Alghero
Tel Aviv
Dublin
Athens
Thessaloniki
Corfu
Zakynthos
Rhodes
Heraklion
Berlin (TXL, SXF)
Hanover
Munich
Hamburg
Stu.gart
Nuremberg*
Frankfurt
Cologne
Dusseldorf
Dortmund
Kutaisi
Paris (CDG, BVA, ORY)
Nice
Lyon
Helsinki
Tampere
Cairo
Hurghada
Copenhagen
Billund
Prague
Larnaca
Paphos
Bourgas
Brussels (BRU, CRL)
Minsk
Krakow
Vienna
Budapest
Chicago
New York
Philadelphia
Toronto

DIRECT FLIGHTS
FROM BUDAPEST
MORE THAN
125 CITIES
ARE DIRECTLY
AVAILABLE
125

BEST AIRPORT
IN THE EASTERN
EUROPE REGION
(Skytrax, 2014, 2015,
2016, 2017, 2018)
5X
MORE THAN
13 MILLION
PASSENGERS
IN 2017
Chicago
New York
Philadelphia
Toronto
Astana
Beijing
Doha
Dubai
INFRASTRUCTURE
AIR TRANSPORT
Logistics & Transportation Industry in Hungary 29
INFRASTRUCTURE
TELECOMMUNICATIONS & ICT
THE GOALS
OF THE
DEVELOPMENTS
Improve
the efficiency
of public
administration and
the management
of day-to-day
affairs
The Digital
Workforce Program
places emphasis on the
training of a workforce
with a high level of digital
professional qualifications
within the scheme of
vocational training
Hungary's fourth
generation (4G)
mobile Internet coverage
will be complete by the
end of the year.
The current rate is 95 %
compared to the 59 %
EU average
From 2019 at least
30 Mbps
internet will be available
in every household, and
100 Mbps
internet in every
second household
The Industry
4.0 program
supports digital
transformation in
all sectors of the
Hungarian
economy
Assessing
the relationship
between public
transport and
e-mobility
Adult education,
retraining
and continuation
training
CLICK ON HUNGARY!
The government is
implementing
an info communication
development program
to create
Digital Hungary
”The Government's role played in the support of
digital values and skills as well as the advanced
state of the Hungarian infocommunication industry
have created such a unique eco-system in Europe
that provides a firm basis for Hungary to be an
international flagship country in the fields of
digital infrastructure and the incorporated smart
services. This is a significant achievement because
every industry, service provider and production
company needs info communication, and thus the
development of infocommunication pulls along the
entire economy almost automatically.”
Zoltán Kaszás
CEO
T-Systems Hungary
Logistics & Transportation Industry in Hungary 31
Source: Cushman & Wakefield
Sept 2017
EUR / sqm
70
60
50
40
30
20
10
0
INDUSTRIAL PRIME RENTS (EUR / sqm / annum)
HUNGARY
(Budapest)
SLOVAKIA
(Bratislava)
CZECH REPUBLIC
(Prague)
POLAND
(Warsaw)
INFRASTRUCTURE
LOGISTICS PREMISES & SERVICES

I n 2017 Q3, prime logistics space in Budapest area


costs EUR 44.4/sqm/year, according to Cushman
& Wakefield. The prime rent in Hungary is one of
the lowest in the region, thanks to its low property
and building costs.

T he Hungarian logistics market comprises


both the world’s largest contract logistics
providers and Hungarian-owned companies
offering sophisticated services, consistent flexibility,
complete reliability and competitive prices.
Logistics activities
are the most often
outsourced services
in Hungary.
The logistics
industry accounts
more than 6% of the
Hungarian GDP.
Over
250,000
jobs related to
this sector.
Major Hungarian players, including the
Masped Group, Waberer’s and Trans-
Sped, have enhanced their regional role
by investing in neighbouring countries.
WORLD-CLASS
LOGISTICS PREMISES
HIGH STANDARD
LOGISTICS SERVICES
44.4 43.2
49.8
63.0
Logistics & Transportation Industry in Hungary 33

H ungary offers a diverse range of industrial

parks: investors can currently choose from


more than 2.04 million square metres
modern logistics and warehouse parks.

MODERN INDUSTRIAL
& LOGISTICS FACILITIES
INFRASTRUCTURE
INDUSTRIAL & LOGISTICS FACILITIES

2.04
MILLION
SQUARE METRES
MODERN LOGISTICS
AND WAREHOUSE
PARKS
MORE THAN
Green- and
brownfield
investments
Warehousing
Good access to
highways
Financial
services
Customs
arrangements
Excellent
infrastructure
services
Legal
consulting
Forwarding
New technology
and logistical
parks
Extra
services
Administration
(authority
permits)
Logistics & Transportation Industry in Hungary 35
INFRASTRUCTURE
INDUSTRIAL & LOGISTICS FACILITIES
“Huawei Technologies is a world leading ICT
solutions provider. The company manufactures
in Hungary since 2009 and also established its
European logistics centre in Hungary near the
capital Budapest in 2013. It supplies 55 countries
from Hungary. Such as European, North African
countries and the Middle East, plus Russia. The
centre is operated by an EMS partner, DHL. Huawei
has chosen Hungary as a hub for its continental
level logistic operations because of the excellent
geographical location, transportation infrastructure
and cost effective, but qualified labour.”
Weifeng Zheng
CEO of Huawei
Hungary
INDUSTRIAL PARKS
IN HUNGARY
800
GREEN- AND
BROWNFIELD
SITES

250
OFFICES

120
INDUSTRIAL
PARKS
MORE THAN
ARE WAITING FOR
YOUR INVESTMENT
Logistics & Transportation Industry in Hungary 37
Győr
Szombathely
Kaposvár
Veszprém
Tatabánya
Székesfehérvár
Szekszárd
Pécs
Zalaegerszeg
Budapest
Debrecen
Nyíregyháza
Békéscsaba
Salgotarján
Eger M iskolc
Szeged
Szolnok
Kecskemét
VESZPRÉM
University
of Pannonia
MISKOLC
University
of Miskolc
Each year around
5,000 students
study for vocational
qualifications
related to logistics.
Competitive
wages
in the service
sector.
Strong cooperation
between Hungary’s most
prestigious universities and
international companies
(Audi, Daimler, Huawei).
GYŐR
Széchenyi István
University
GÖDÖLLŐ
Szent István
University
SZEGED
University
of Szeged
BÉKÉSCSABA
Szent István
University
KECSKEMÉT, SZOLNOK
John von Neumann
University
KAPOSVÁR
Kaposvár
University
TATABÁNYA
Edutus College
BUDAPEST
Corvinus University of Budapest
Budapest Business School
Budapest Metropolitan University
Szent István University
Tomori Pál College
King Sigismund University
DEBRECEN
University
of Debrecen
GYÖNGYÖS
Eszterházy Károly
University
SOPRON
University
of Sopron
MAJOR HUNGARIAN UNIVERSITIES
WITH AVAILABLE LOGISITICS EDUCATION
SZOMBATHELY
Eötvös Loránd
University
Total number of students

287,018
of which 205,560
are fulltime
TERTIARY EDUCATION
IN HUNGARY
ACADEMIC YEAR
2016/2017
NO. OF INSTITUTIONS

65
YOU CAN
RELY ON GLOBALLY
ACKNOWLEDGED
HUMAN CAPITAL AT
A COMPETITIVE COST
Source: HCSO

6 Hungarian universities appear in the QS World


University Rankings® 2018 (which is one of the
most widely read university comparisons listing
the world’s top 959 universities) listing the world’s
top 959 universities).
LABOUR FORCE
EDUCATION
Logistics & Transportation Industry in Hungary 39
“MSD Regional Distribution Centre started its
operation in 2014 June in collaboration with UPS as
service provider. RDC is located in Budaörs. It is an
ideal location in middle of CEE, surrounding countries
connected through motorways. RDC is serving 14
countries currently. Engagement, ambition, flexibility
combined with multi-lingual capacity is an ultimate
advantage of the people working in the distribution
centre. RDC team is an excellent role model for the
whole region and best practices are shared within the
operations of MSD.”
Thomas Straumits
Managing Director,
MSD Hungary
S ince Hungary’s entry into the EU, there has
been a growing number of native language
speakers at our universities, and an increasing
number of Hungarians study abroad. Since 1997,
Hungary has been part of Erasmus, the EU’s largest
and most successful mobility program. Hungary is
also an active participant in the Life Long Learning
program, which helps to provide international internships
for students.
PART OF ERASMUS
INTERNATIONAL
STUDY PROGRAM
In the school year 2015/2016, 559,272 Hungarian
primary school students and 495,701 secondary
school students were learning foreign languages,
mostly English and German. Hungary has approximately
200 bilingual primary and secondary
educational institutions, where over 40,000 young
Hungarians study mainly in English, German, French,
Italian, Spanish, Russian and Chinese.
In the academic year 2016/2017, over 50,000 full-time
students were studying 36 different foreign languages
in universities or colleges. All tertiary education
degrees include a foreign language certificate and
computer skills. The most common languages taught
at universities are English, German, French, Spanish,
and Russian, but more exotic languages such as
Swedish, Norwegian, Finnish, Dutch, Japanese,
Chinese, Portuguese, and Arabic are also taught.

200
BILINGUAL PRIMARY
& SECONDARY
EDUCATIONAL
INSTITUTIONS
LABOUR FORCE
LANGUAGES
Logistics & Transportation Industry in Hungary 41

HOW DO WE
SUPPORT YOUR
PROJECT?
BEFORE
YOU MAKE A DECISION
WE OFFER YOU….
AFTER
YOU HAVE CHOSEN
HUNGARY
PLEASE CONTACT US
Address: 1055 Budapest, Honvéd utca 20.
Customer service: investment@hipa.hu
Telephone: +36 1 872 6520
Web: www.hipa.hu
We support your
further expansion
and plans.
…meetings with
HR & real estate agencies,
law firms and
other consultants
based on your needs.
…tailor-made incentive
offers and information
packages on the
business environment,
labour market, tax
regulations, etc.
…reference visits
at companies that are
already established
in Hungary.
…location search
& evaluation
+
site visits.
…assistance with
your incentive
application.
….one-stop-shop
management
consultancy services
to address your
business needs.
We are open to your
feedback and offer mediation
between government
and business based
on your inputs.

LOGISTICS
HIPA
OUR SERVICES
Logistics & Transportation Industry in Hungary 43
SOUTHERN
TRANSDANUBIA
CENTRAL
TRANSDANUBIA
WESTERN
TRANSDANUBIA
SOUTHERN
GREAT PLAIN
CENTRAL HUNGARY, Budapest
NORTHERN
GREAT PLAIN
NORTHERN
HUNGARY
Pécs
Szeged
Debrecen
Miskolc
Győr
Székesfehérvár
25%
35%
0 / 20 / 35%
50%
The maximum available aid intensity decreases if
the investment is a large investment (exceeding
EUR 50 million): 50% of the maximum aid intensity
determined in the regional aid map is available
for investment between EUR 50 and EUR 100
million, with 34% of the maximum aid intensity for
investment over EUR 100 million.
For information on up-to-date and individual
incentive packages please contact HIPA directly.
Regional grants are the most typical forms of
incentives for greenfield / brownfield investments
or reinvestments. The maximum amount of regional
incentive is shown on the regional aid intensity
map. The map above illustrates that regional aid
available for investment for a large enterprise may
be up to 50% of the eligible costs of the investment,
depending on the region. For investments not
exceeding EUR 50 million, the maximum intensity
ratio can be increased by 10 percent for mediumsized
and by 20 percent for small enterprises.
TRAINING PROGRAMS
FOR EMPLOYEES
MAY BE SUBSIDIZED
Different preferential
terms for eligibility
GOVERNMENT
INCENTIVES
THESE INCENTIVES INCLUDE,
BUT ARE NOT LIMITED TO

A s a member of the European Union, Hungary’s


regulations on incentive opportunities are in
accordance with the EU rules. One of Hungary’s
competitive advantages over other countries in the
region is the Government’s strong commitment to
increase the competitiveness of SMEs and large
enterprises in Hungary.
Alongside the regulatory tools that contribute to the
competitive business environment of local companies,
Hungary offers wide-ranging incentives to facilitate
foreign direct investments and reinvestments by
local enterprises. In addition to the "Made in Hungary"
type investments, increasing emphasis is being put
on "Invented in Hungary" type of projects with the
aim of supporting the implementation of Industry
4.0 solutions and the strengthening of Hungary as an
innovation hub of Europe.
From the beginning of 2017, favorable changes have
been introduced in the non-refundable VIP cash grant
system supporting R&D projects and technologyintensive
investments.
TRAINING
SUBSIDIES
LOW-INTEREST
LOANS
CASH SUBSIDIES
for investments,
training,
job creation
and R&D
TAX INCENTIVES
reduction of
corporate tax,
social tax, or for
encouraging R&D
activities…
HIPA
INCENTIVES OVERVIEW
Logistics & Transportation Industry in Hungary 45

CARGO-PARTNER
DACHSER
DAMCO
DUVENBECK
DHL
EXPEDITORS
FIEGE
GEBRÜDER WEISS
GEFCO
GONDRAND
GYSEV CARGO
HAVI LOGISTICS
MITSUI-SOKO
NIPPON EXPRESS
PANALPINA
RAIL CARGO GROUP
TNT
TRANS-SPED
VERSTEIJNEN
WABERER’S
YUSEN LOGISTICS
IMPERIAL LOGISTICS
RUDOLPH LOGISTIK
HELLMANN WORLDWIDE LOGISTICS
C.H. R OBINSON
CEVA DDSG MAHART
EKOL
EURASIA LOGISTICS
FEDEX
GARTNER GEODIS
GLS
HORVÁTH RUDOLF HÖDLMAYER
HUNGARIAN POST
KUEHNE + NAGEL
LAGERMAX
LOGWIN
MALTACOURT
MASPED
MENLO
PANOPA
RAABERLOG
RABEN
SCHENKER
SYNCREON
UPS
AGILITY
FM LOGISTICS
RÉVÉSZ GROUP
INTEGRAIL
SAIGO LOGISTICS

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