Bloomberg News

Hungary Attracts $1.2 Billion in Foreign Investment in 2011

April 11, 2012

Hungary attracted 924.3 million euros ($1.2 billion) in foreign direct investments in 2011, which will create 5,736 jobs, the Hungarian Investment and Trade Agency said.

The agency last year held talks about more than 5 billion euros of investment projects, whose completion would add about 18,000 jobs, it said in an e-mailed statement today.

Most companies considering investment in Hungary come from the U.S., Germany and Asia, according to the statement.

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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