6 reasons to start electronics manufacturing in Eastern Hungary

Hungary is one of the most relevant European electronics manufacturing locations and Eastern Hungary has a large potential in this field.

We need no better reasons to start electronics manufacturing in Eastern Hungary than the following interesting facts:

#1: Developed transportation infrastructure

The lenght of the Eastern Hungarian motorways reaches 600 kms, it’s longer than the motorway system of entire Slovakia and almost two times longer than Romania has.

Polgar Industrial Park, Hungary

#2: Outstanding real estate options

Eastern Hungary has 95 industrial parks (link), more awarded by the “Industrial Park of the Year” award. It’s more, than the number of industrial parks in Poland.

#3: Focused education

Eastern Hungary has +53% more university and collage students than Western Hungary. Eastern Hungary has 2 electronics university faculties, and the electronics-related vocational education is also strong.

#4: Large labour supply

The number of unemployed people of Eastern Hungary is 300k, which is equal to entire Slovakia.

#5: Governmental incentives are focusing on Eastern Hungary

The goal of governmental incentives is to orient foreign direct investments into underdeveloped regions with high unemployment. Eastern Hungary is among the most intensively (potentially 50%) subsidized regions of the EU.

#6: Award winning location

Eastern Hungary is one of the most awarded Central- and Eastern European locations by Financial Times’ fDi Magazine: 2 regions and 2 cities of Eastern Hungary was ranked for the top doing business locations of Europe.

Company insight

Finally, the following video provides a short insight to the life of National Instuments Hungary, one of the leading Eastern Hungarian electronics companies.