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Leasing in Hungary
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Economic situation
We pave the way to Europe

Hungary is one of the most developed economic zones in eastern Europe. It is one of the few countries that exports more products to Germany than it imports.


Economic situation
The reason for this import/export situation is the fact that many foreign investors have become active in Hungary since the beginnig of the 90's. As a result, modern industrial facilities and moderate incomes have combined to create an attractive economic market with a high export potential. Since Hungary opened to The West, German companies alone have invested more than 10 billion Euros. Here they also profit from Hungary’s strategic location as “Bridge to Eastern Europe”.

About one third of the country’s foreign investments continue to come from large and medium sized companies, especially machinery builders, in Germany. The current Hungarian government is building on its traditional strengths - which include the training of specialists for technical products and IT technologies. A wide range of concepts are being used to encourage foreign companies from these branches to invest in Hungary.

Key trade figures for Germany / Hungary 2008
Key figure Value
Imports from Hungary to Germany 13.9 billion €
Exports from Germany to Hungary 15.3 billion €
Difference 1.4 billion €
as % of Hungary’s total imports 25%
as % of Hungary’s total exports 26%

Source: DUIHK (German-Hungarian Chamber of Commerce and Industry)

Good reasons for commitment to Hungary
– a high degree of know-how in the future-oriented IT-technology market
– a strategic and attractive location for expanding into eastern Europe
– a politically stable environment with investment friendly economic policies
–  high quality production of technical products

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