Hungary’s business services sector is growing into one of the pillars of the national economy. In 2025, the country hosts 245 business service centres (BSCs) employing 118,543 people, almost double the number of centres operating in 2020. While Budapest still dominates this landscape, regional cities are steadily gaining weight – and Pécs with Baranya county is emerging as one of Hungary’s most promising locations for BSCs, offering a cost-competitive alternative to the capital while still providing access to a qualified talent pool.
Although Hungary’s BSC sector remains heavily concentrated in Budapest, where the majority of [...]
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The conditions of the EKD (support scheme available under individual government decision) are undergoing significant changes, through which the investment incentive grant will offer more favourable opportunities for competitive domestic enterprises and help strengthen the supplier value chain.
The most important changes:
Lower investment thresholds:
In less developed municipalities, the grant will become available already for investments of EUR 2 million.
New mandatory commitments:
The basic obligation to maintain headcount will be abolished and replaced by commitments to increase per capita payroll and turnover as key criteria.
[...]
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Amphenol, one of the largest optical and electronics manufacturers in the world, has opened a plant in Pécs. Our company, Investmentor Agency, has been assisting the establishment process since the very first negotiations.
A new unit of the American Amphenol Group will begin trial production in a 800-square-foot factory on Bajor Street in Pécs, the company announced on Friday at the grand opening. Martin Booker, the company's vice president, said the Amphenol Group has 124 units worldwide, with about 74,000 employees. It [...]
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Significant and favourable changes will be introduced in the non-refundable cash incentive system provided on the basis of individual government decision, as of October 1, 2019, according to Government Decree 227/2019. (IX. 26.) amending Government Decree 210/2014. (VIII. 27.) on the use of the Earmarked Scheme for Investment Promotion.
The principal of the investment promotion incentive system in Hungary was to increase the national employment. This objective has been achieved successfully: according to the recent statistical reports, the unemployment rate is below 3.5% in Hungary. These data and employment forecasts justify the need for elaborating and [...]
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The Investmentor Agency is constantly working on
making new investors choose the city of Pécs. Our goal is to increase the
attractiveness of the city for young people by creating new jobs and thus
stimulate the local economy and to improve the living standards of the people
living here. As a result of a new collaboration on May 30, the Investmentor
Agency organized a conference at the Knowledge Centre with the help of the city
council and the HOA (Hungarian Service & Outsourcing Association) for
representatives of the SSC sector.
The forum was attended by representatives of the
University of Pécs, the HIPA [...]
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