HIPA considers 2015 as a record year

The Hungarian Investment Promotion Agency (HIPA) says it successfully negotiated 67 investment projects last year, an increase of 12% compared to the previous year. 14 projects were started by German firms and 11 projects by US companies.

HIPA points out that as a result of these 67 projects, as many as 12,995 new jobs may be created, which is almost 21% more than in the year 2014. Among the projects implemented in 2015, most of the new jobs – accounting for 31% of all created jobs – were created by German companies.

In terms of the sectoral distribution of the new jobs, the automotive industry continues to lead the ranking with 33%, followed by the business services sector (SSC) with 17% and the food industry with its nearly 12% share; these three key sectors account for approximately 62% of the newly created jobs.