HIPA Wins Best Strategic Investment Partner Europe 2022 Award
2022. 10. 28.
Leading London-based business outlet CFI.co has presented HIPA with the 2022 award for Best Strategic Investment Partner Europe. The prestigious recognition is greatly attributed to the record FDI volume of EUR 5.9 billion in 2021 as well as this year’s gigantic project announcements such as CATL’s EUR 7.3 bln battery plant or Mercedes-Benz’s EUR 1 bln development. As the judges’ report argued, the Hungarian Investment Promotion Agency (HIPA) has been working with foreign investors to make full use of the country’s supportive business climate, competitive taxation environment and highly-skilled workforce.
Headquartered in London, CFI.co (Capital Finance International) is a print journal and online resource reporting on business, economics and finance that provides news, analysis and commentary on markets worldwide and helps readers better understand the forces influencing and reshaping the global economy.
Each year, CFI.co seeks out individuals and organizations that contribute significantly to the convergence of economies and truly add value for all stakeholders. The Awards Programme aims to identify and reward excellence wherever it is found in the hope to inspire others to further improve their own performance.
Awards are granted in a wide range of categories. Nominations are submitted by CFI.co contributors, readers, subscribers and visitors to the CFI.co site, followed by the review by the Capital Finance International Judging panel that selects winners from among shortlisted candidates.
This year HIPA received the Best Strategic Investment Partner Europe 2022 Award, and the judges’ report highlighted HIPA’s major achievements that justified the decision. Between 2014 and 2021, HIPA closed 1,822 deals worth nearly €30bn of FDI, which has created around 116,000 new jobs. The past year broke previous records, with FDI totalling €5.9bn across 422 projects and creating 13,883 new jobs. The success story continued in 2022 which witnessed the announcements of gigantic projects such as leading global battery manufacturer CATL’s EUR 7.3 billion investment or Mercedes-Benz’s EUR 1 bln development.
