August 23, 2013

International award winning locations in Hungary

Beside the all-time-winner Budapest, Eastern Hungary won the most relevant international business awards.

The Financial Times' bi-monthly publication, the fDi Magazine and its online edition focus on international business and foreign direct investments. In every two year the fDi Magazine ranks the European cities and regions based on statistics about infrastucture, HR, economic potential, cost effectiveness, quality of life, business friendliness and fdi promotion strategies.
Hungarian cities and regions entered for this competition, and we edited a summary about more year results.
... and the winner is... Source: fDi Magazine
1. Budapest and Central Hungary
2012/13: top10 Eastern European cities (8. Budapest)
2012/13: top10 Eastern Regions, Overall (5. Central Hungary)
2010/11: top25 European Cities, Overall (25. Budapest)
2010/11: top10 Eastern European Cities (3. Budapest)
2010/11: top10 Eastern Regions, Overall (3. Central Hungary)
2008/09: top50 European Cities, Overall (47. Budapest)
2008/09: top25 Most Attractive for FDI (25. Budapest)
2008/09: top10 Most Cost Effective (6. Budapest)

2. Debrecen and Northern Great Plain Region
2010/11: top5 Eastern Regions, FDI strategy (1. Northern Great Plain)
2010/11: top5 FDI strategy: Eastern Europe (5. Debrecen)
2010/11: top25 Regions: FDI startegy (24. Northern Great Plain)
2010/11: top10 Small Regions: FDI strategy (10. Northern Great Plain)

3. Miskolc and Northern Hungary Region
2010/11: top5 FDI strategy: Eastern Europe (4. Miskolc)
2010/11: top5 FDI strategy: micro (4. Miskolc)
2008/09: top25 Most Attractive for FDI (16. Miskolc)

4. Central Transdanubia
2010/11: top10 Eastern Regions, Overall (10. Central Transdanubia)

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As you can see, beside Budapest, two Eastern Hungarian regions and their capital cities, Northern Hungary (and Miskolc) and the Northern Great Plain Region (and Debrecen) won the most awards. These are the most emerging regions in Hungary, with enormous work force reserves, relatively good infrastructure and large scale public investments to improve business environment.

On the map:
Graphics: Manufacturing Hungary Blog

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