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Introduction

 

All stable processes we shall predict.

All unstable processes we shall control.

John von Neumann (1958)

 

Located in the heart of Europe, Hungary is the perfect place for investors seeking to expand their operations in Central and Eastern Europe. In Hungary, your company will find a highly skilled, creative, motivated, flexible and hard-working workforce with one of the highest productivity rates in the region.

 

Thanks to EU accession, investors settling in Hungary have access to a market of 493 million people. Scores of multinational companies have based their manufacturing and service operations and, in some cases, European headquarters and R&D centres in Hungary, bringing some EUR 70 billion in foreign direct investment over the years. Hungary is a land of creativity, with

information and communications technology undoubtedly one of the main drivers of innovation and economic growth. Many IT companies with long track records in Hungary have also begun relocating research and development activities here, including HP-Compaq, Nokia, Siemens, Ericsson and SAP.

 

Did you know...

• ... that he Hungarian ICT market grew by 50% between 2002–2007?

 

Did you know…

…that Kürt Kft. a Hungarian company recovered data demaged during the terrorist attacks against the World Trade Center in September 2001?

 

Did you know…

…that a unique invention from a Hungarian company, Holografika Kft.  makes it possible to see 3D images without 3D glasses?

 

Did you know…

• …the program that enables the blind to use computers was originally developed by Recognita (now Nuance Communications Inc.) a Hungarian company?

 

Did you know…

• …that Graphisoft's ArchiCAD 3D software, an early pioneer in the field of 3D visualization and modelling, has been distributed in 80 countries and 25 languages and used by more than 75,000 architecture designers?

 

Did you know…

• ...that major digital film laboratories in Hollywood use a postproduction software "Lustre" developed by Colorfront Kft (now in US ownership)?

 

Did you know…

• …that one of the first access control solutions deploying automatic number plate recognition (Carmen®  Adaptive Recognition Hungary) by was installed at Ferihegy Airport in 1992?

 

For inward ICT investment inquiries, business opportunities and related consulting services please contact ITD Hungary's Central Office in Budapest

 

H-1061 Budapest, Andrássy út 12.

Phone: (+36 1) 472 8100

Fax: (+36 1) 473 8201

General information:

General support for investment projects:

ICT sector specialist:  Ms. Mónika Kiss, ,, 472-8134

ICT consultant, Priority sectors, Ms. Krisztina Kvassay   473-8263