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Investment promotion

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Welcoming Korean investors to Hungary

Sándor Laczkó
Oct 6, 2020

Last year, the Republic of Korea was the largest source of foreign direct investments in Hungary. The Hungarian Investment Promotion Agency (HIPA) played a pivotal role in many of these investment projects as its CEO, Róbert Ésik explains to Diplomacy&Trade. He points out that 2019 was another successful year for Hungary in terms of foreign […]

A Gateway for Korean Investment and Trade

Sándor Laczkó
Oct 1, 2020

The Korea Trade and Investment Promotion Agency (KOTRA) is both a Trade Promotion Organization (TPO) and an Investment Promotion Agency (IPA) representing the Korean government. The organization opened its Budapest office (Korea Business Center) in 1988, at the start of Hungary’s economic (and political) transformation. “Because of our early arrival, we have a deep understanding […]

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