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(MoneyNewsWire.Net, December 12, 2018 ) Mining, manufacturing and utilities activity contributed 26.0% to the gross value added (GVA) in 2017, followed by financial intermediation, real estate and business activity (22.0%), and other services (20.4%). In nominal terms, the three sectors are expected to grow by 6.3%, 5.6% and 9.0%, respectively in 2018.
The Hungarian government is expected to invest HUF1 tn (US$14.6 bn) to upgrade its infrastructure in order to attain its 2022 goal.
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Key Players:
• Nexon
• Thalesnano
• Balabit
• Schaeffler
Scope:
- Central Hungary (Budapest and Pest) and Western Transdanubia (Zala, Vas and Gy?r-Moson-Sopron) generate around 58.0% of Hungarian GDP and comprise 40.7% of the country’s population, as of 2016
- Total FDI inflows are expected to increase in 2018, simulated by private businesses and disbursement of EU structural funds
- The overall BUX index exhibited a downward trend over the last one year. As of October 31, 2018, the Budapest Stock Market Index - BUX decreased by 6.8%, reaching 37,155.2 from 39,881.2 on October 30, 2017.
Reasons to buy:
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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Key Points from TOC:
Table of Contents 2
List of Exhibits 3
Did you Know? 4
Country Highlights 5
Country Snapshot 7
PESTLE Insights 21
Political Landscape 22
Economic Landscape 23
Social Landscape 30
Technological Landscape 33
Legal Landscape 36
Environmental Landscape 37
Outlook 38
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