Investors of the Year in the Limelight at HIPA’s Award Ceremony
Fotó: HIPA
Top achieving foreign and local players were recognized in nine categories at HIPA’s annual ‘Investors of the Year Awards’ to celebrate the results of 2023, which was yet another record year in the history of Hungarian investment promotion.
The ‘Investors of the Year’ gala is the absolute highlight in the HIPA event calendar as it recognizes the highest achieving members of the local investor community. The award categories remained the same compared to last year, so, this time around nine winners were announced as well.
And the year 2023 certainly gave reason to celebrate. The previous investment volume record set in 2022 was doubled to surpass the EUR 13 billion mark, and the number of newly created jobs (19.692) also reached an all-time high. The extraordinary investor activity was mainly due to the engagement of Asian stakeholders that committed themselves to implement nearly 82 percent of capital investments and two thirds of new jobs. China’s dominance was of particular importance given that the Asian powerhouse alone accounted for an investment volume of over EUR 7.6 billion.
Two Chinese companies (BYD, CPMC) were awarded in the newcomer investor and the strategic investment categories. On the other hand, a Korean (Samsung SDI) and a Japanese (Magyar Suzuki Zrt.) investor were also recognized, raising the total number of Eastern winners to four. The former delivered another historic achievement by announcing the largest-ever R&D project in Hungary in value of EUR 61.8 million. Suzuki earned a lifetime award for its tremendous contribution to the national economy for over three decades.
HIPA’s Western partners were active in terms of the number of projects in particular. Germany delivered the most of them (18), an equivalent to every fourth, whereas the United States closed 8 deals. The two countries combined were responsible for around 20 percent of all new jobs. The sectoral FDI landscape hasn’t changed a bit compared to recent years. Automotive and electronics continue to prevail. This dominance is reflected in the composition of the awardees as five winners operate in either of those sectors.
Award winners of HIPA’s „Investors of the Year 2023 Award” Ceremony
- Award for Strategic Investment, BYD Co. Ltd.
- Lifetime Award for Significant Investor, Magyar Suzuki Zrt.
- Award for R&D Investment, Samsung SDI Magyarország Zrt.
- Award for Largest Training Programme, Audi Hungaria Ahead Kft.
- Award for Best Industrial Park, City of Szolnok
- Award for Best Supplier, Bíró Kft.
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