Top Industries for Investment in Hungary

Hungary has emerged as one of Central Europe’s most dynamic destinations for investment, blending a strategic location with a steadily evolving economy. Over the past two decades, the country has shifted from a transitional market to a modern, open economy with strong ties to both Eastern and Western Europe, one of its most valuable traits.

Its membership in the European Union, coupled with a competitive tax environment and a highly educated workforce, has made Hungary increasingly attractive to foreign investors. Infrastructure has improved, digital transformation is underway and the government has rolled out incentives to support innovation and enterprise.

While Hungary has faced a fair bit of economic turmoil in the past, like much of the region, it continues to maintain stable fundamentals, with manufacturing, services and tech sectors all seeing growth. With its balance of affordability, access to key markets and growing investor confidence, Hungary is now seen as more than just a stepping stone – it’s a stronghold for long-term opportunity.

 

Top 5 Industries for Investment in Hungary 

 

These are the top 5 industries for investment in Hungary in 2025.

 

Automotive

 

Hungary’s automotive industry is a cornerstone of its economy and a magnet for foreign direct investment. Automotive greats including Audi, Mercedes-Benz and Suzuki operate large-scale manufacturing facilities across the country, drawn by Hungary’s skilled labour force, central European location and strong supply chain network.

The sector has grown steadily over the last two decades and now contributes significantly to both GDP and exports. The Hungarian government continues to support automotive innovation, including electric vehicle production and autonomous driving technologies, making it an increasingly future-focused industry and a top choice for investors looking for long-term returns.

 

 

Electronics

 

Hungary’s electronics industry has flourished as a result of strategic foreign investments, highly trained engineers and favourable production costs. The country is now a key electronics manufacturing and assembly hub for companies including Samsung, Bosch and Flextronics, among others.

High-tech components, semiconductors and consumer electronics are produced for export to markets across Europe and beyond. The rise of automation and smart manufacturing, combined with Hungary’s strong education in science and engineering, has helped modernise the sector.

Government incentives and significant support in research and development (R&D) make electronics a prime sector for investors interested in scalable, high-value operations in central Europe.

 

Information Technology

 

Hungary’s IT sector has seen dramatic growth in recent years, driven primarily by a digitally skilled workforce, competitive operating costs and strong infrastructure. From software development and cybersecurity to fintech and AI, Hungary is home to a vibrant tech scene supported by hubs in Budapest, Szeged and Debrecen.

Both startups and global firms are finding fertile ground in Hungary, with favourable tax schemes and EU funding programmes accelerating innovation. With the global demand for digital services rising and remote work opening international opportunities, Hungary’s tech industry is rapidly positioning itself as a key investment destination in the region.

 

Pharmaceuticals

 

Hungary boasts one of Central Europe’s most developed pharmaceutical industries, combining strong academic research with a long history of manufacturing expertise. Companies like Gedeon Richter and Egis are globally recognised and lead the charge in generic medicines, biotechnology and active pharmaceutical ingredients.

The country offers extensive clinical trial capabilities, a highly educated medical workforce and a robust intellectual property framework. The country has also become a hub for pharmaceutical R&D, with significant government and EU funding for innovation. This blend of tradition, talent and technology makes the pharmaceutical sector a smart, stable investment option for those entering or expanding in Europe.

 

Renewable Energy

 

As Hungary commits to reducing its carbon footprint and diversifying its energy mix, the renewable energy sector has become increasingly attractive to investors. Solar energy, in particular, has seen a boom, thanks to supportive government policies, EU green targets and falling technology costs.

Wind, biomass and geothermal energy also offer long-term opportunities, especially as Hungary upgrades its grid and invests in energy storage solutions. With energy security high on the national agenda and strong public support for sustainability, investors in renewables are expecting steady growth, innovation and a pivotal role in Hungary’s transition to a greener economy.