The priority of Hungarian economic diplomacy is to support the country’s export activities and attract foreign investment to Hungary. A network of trade professionals in 131 countries serves this purpose throughout the world. The Trade Office of the Embassy of Hungary in the Netherlands is the first point of contact for Hungarian businesses interested in entering the Dutch market. We support them on a daily basis. We also encourage and assist Dutch companies to invest in Hungary. 

Business confidence is high: the Netherlands is the 8th largest trade partner of Hungary and our bilateral trade increased by 14% in 2017. The Netherlands is also the 8th largest investor in Hungary.  

Hungary

 
Hungary is a bustling business hub situated right at the very heart of Europe; physically and in historical, geographical, cultural and economic terms, all destinations are within easy reach. As a full European Union member, Hungary is an open economy and particular emphasis is placed on encouraging foreign direct investment. Forty-five of the world’s 80 largest multinationals, and many of their SME suppliers, have established a long-term presence here, benefiting from the highly skilled workforce, access to world-class universities, an advantageous location, qualified suppliers, and from an advanced business infrastructure. Investors do not simply regard Hungary as an ideal production location, but also as a remarkable “advanced manufacturing & innovation centre" of Europe. Besides reducing the corporate income tax to a 9% flat rate, Hungary introduced new forms of cash incentive measures in January 2017 to enhance corporate R&D activities and the realization of technology intensive investments. Not only Budapest, but rural cities and regions are also becoming increasingly attractive to foreign investors in Hungary. The prominent universities in the countryside serve as knowledge basis for companies, the research institutions are a testament to Hungary’s traditional strengths in science and technology.

Dutch companies that already have chosen Hungary:
Aegon (insurance company), Bosal (automotive industry), FrieslandCampina (dairy products), Heineken (brewing company), NN (insurance company), Philips (electronics), Royal Dutch Shell (oil and gas company), Tekoma (metal industry) and Unilever (FMCG).

Useful links

For further information please contact the Trade Office:
Laan van Nieuw Oost-Indië 271 
2593 BS Den Haag
tel:  +31 70 383 8104 
e-mail: trade.hga@mfa.gov.hu

An overview of the events organized and supported by our Embassy, including the Trade Office, may be found here. Videos of past business events may be found on our YouTube channel.