Hungary Investment Volume Climbs Almost 17% In Q4

  • 1 Mar 2019 7:35 AM
  • Hungary Matters
Hungary Investment Volume Climbs Almost 17% In Q4
Investment volume in Hungary rose by 16.9% year-on-year in the fourth quarter, the Central Statistical Office (KSH) said. Growth slowed from 22.1% in Q3.

Construction investments were up 24.0% and investments in machinery rose by 8.9% in Q4. In absolute terms, construction investments reached 1,853.2 billion forints (EUR 5.86bn) and machinery investments added up to 1,298.4 billion forints during the period.

Manufacturing sector investments were up 18.5% to reach 844.2 billion forints in absolute terms, and real estate investments increased by 21.0% and stood at 536.9 billion forints.

Investments in the logistics sector jumped 44.0% to 594.9 billion forints, investments in the commerce and vehicle repair sector fell by 5% to 135.8 billion forints, and investments in public administration and defence were down 3.1% to stand at 200.0 billion forints.

For the full year, investment volume in Hungary climbed 17.0% to 8,495.0 billion forints. Investments in manufacturing were up 6.3% and stood at 2,233.1 billion forints.

Investments in the logistics sector rose by 33.5% to 1,429.4 billion forints, and investments in real estate climbed 17.3% to 1,407.3 billion forints, KSH said.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

  • Venture Capital Investments Drying Up in Hungary

    Venture Capital Investments Drying Up in Hungary

    • 17 Jun 2024 11:03 AM

    The number of Hungarian companies receiving venture and private equity financing fell by 38% in 2023 compared to 2022, as the total value of investments dropped by 58%, according to a report prepared by the Hungarian Venture Capital and Private Equity Association in collaboration with Ernst & Young.

  • EC Blocks State Aid for Car Parts Investment In Hungary

    EC Blocks State Aid for Car Parts Investment In Hungary

    • 12 Jun 2024 8:29 AM

    The European Commission on Tuesday said it found that Hungary’s plans to grant 43.8 million euros in state aid for a vehicle parts plant in the underdeveloped north of the country were not in line with European Union rules on state aid.

  • Japanese TDK Investing HUF 26 Billion in Western Hungary

    Japanese TDK Investing HUF 26 Billion in Western Hungary

    • 3 Jun 2024 12:11 PM

    TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company’s base in the city.

Enjoy more

business CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.