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Home Hungry

Hungary recognises investors with awards

byCT Report
31/03/2016
in Hungry
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BUDAPEST: The foreign ministry and the Hungarian Investment Promotion Agency (HIPA) acknowledged seven companies that made big investments in the country over the course of 2015 at a gala here the other day.

The Investor of the Year awards were presented in seven categories by Foreign Minister Péter Szijjártó and HIPA chairman Robert Esik. The award for biggest expansion went to German carmaker Mercedes-Benz. Car parts supplier Continental was recognised for an expansion that created the most jobs. Indian-owned Samvardhana Motherson Peguform was acknowledged for the biggest greenfield investment.

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German-Hungarian logistics company Hellmann Shared Service Center took the award for the biggest regional service centre development. German auto supply giant Bosch was recognised as the year’s research and development investor. Magyarmet Finomontode was named the best Hungarian supplier. The Jaszfenyszaru Industrial Centre (C Hungary) was named the most investor-friendly industrial park of the year. The awards were presented for the fourth year.

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