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more interesting posts from him about "failed Hungarian economy" supported by facts. Post from February 2021.
Dear God, send us Orban pls!!! I want our Orban too!!!
Investment boom in Hungary
In the world in 2020. foreign investment fell by as much as 42 percent, while in Hungary foreign investment rose by 140 percent (UN report). That’s an absolute record, and moreover during Covid’s time. Foreign capital is literally fleeing to Hungary.
Reasons? Orban's government strategy: After Covid, a brutal struggle for foreign investment will begin. Hungary uses all its reserves to attract foreign capital, giving significant incentives to investors. Other factors: relatively weak forint, no bureaucratic and administrative barriers, good infrastructure, quality and relatively cheap labor, low taxes, excellent relations with eastern countries (China, Russia, Japan and South Korea), excellent relations with German large companies.
Here is a table of larger foreign (and domestic) investments since 2017:
(investments over EUR 100 million only)
(01) 681 billion Ft / EUR 1,918 million (2021) - SK Innovation (South Korea), Ivancsa (village 50km south of Budapest)
(02) 490 billion Ft / EUR 1,536 million (2018) - Mercedes-Benz (Germany), Kecskemet
(03) 396 billion Ft / 1,222 million EUR (2019) - MOL (Hungary), Tiszaujvaros (town on the Tisza)
(04) 390 billion Ft / EUR 1,204 million (2019) - Samsung (South Korea), Göd (a small town in the Budapest agglomeration)
(05) 320 billion Ft / EUR 988 million (2019) - BMW (Germany), Debrecen
(06) 320 billion Ft / EUR 988 million (2019) - FAKT AG (Germany), Hegyeshalom (village in northwestern Hungary)
(07) 239 billion Ft / EUR 738 million (2019) - SK Innovation (South Korea), Komarom (Danube City)
(08) 225 billion Ft / 694 million EUR (2019) - Budapest Airport (Germany), Budapest
(09) 170 billion Ft / 525 million EUR (2019) - Audi (Germany), Györ
(10) 128 billion Ft / 395 million EUR (2019) - Toray Industries (Japan), Nyergesujfalu (Danube village)
(11) 100 billion Ft / EUR 313 million (2018) - SK Innovation (South Korea), Komarom (Danube city)
(12) 100 billion Ft / EUR 278 million (2020) - Mercedes-Benz (Germany), Kecskemet
(13) 89 billion Ft / EUR 278 million (2018) - Hankook (J. Koreja), Dunaujvaros
(14) 75 billion Ft / EUR 208 million (2020) - Doosan (South Korea), Tatabanya
(15) 66 billion Ft / EUR 183 million (2020) - SEMCORP (China), Debrecen
(16) 55 billion Ft / EUR 177 million (2017) - Procter & Gamble (USA), Gyöngyös (town near Eger) and Csömör (village near Budapest)
(17) 63 billion Ft / 175 million EUR (2020) - Jysk (Denmark), Ecser (village near Budapest)
(18) 60 billion Ft / EUR 167 million (2020) - Rheinmetal (Germany), Zalaegerszeg
(19) 48 billion Ft / 148 million EUR (2019) - Wanhua (China), Kazincbarcika (town near Miskolc)
(20) 47 billion Ft / 145 million EUR (2019) - Rehau (Switzerland), Ujhartyan (town near Budapest)
(21) 50 billion Ft / 139 million EUR (2020) - Nestlé (Switzerland), Bük (village near Szombathely)
(22) 45 billion Ft / 139 million EUR (2019) - BorsodChem - Wanhua (China), Kazincbarcika (town near Miskolc)
(23) 43 billion Ft / 133 million EUR (2019) - Lufthansa Technik AG (Germany), Miskolc
(24) 40 billion Ft / EUR 125 million (2018) - Richter (Hungary), Debrecen
(25) 44 billion Ft / EUR 122 million (2020) - Lotte Aluminum (South Korea), Tatabanya
(26) 37 billion Ft / EUR 114 million (2019) - Hanon Systems (South Korea), Szekesfehervar, Pécs and Retsag (a town north of Budapest)
(27) 34 billion Ft / EUR 110 million (2017) - Becton Dickinson (USA), Tatabanya
(28) 35 billion Ft / 108 million EUR (2019) - Arconic-Köfem (USA), Szekesfehervar
(29) 36 billion Ft / EUR 100 million (2020) - Dynamit Nobel Defense (Germany), Kiskunfelegyhaza (city near Kecskemét)
(30) 32 billion Ft / EUR 100 million (2019) - CMC (China), Kaposvar
(31) 32 billion Ft / 100 million EUR (2019) - Infineon (Germany), Cegled (city near Budapest)
(32) 31 billion Ft / EUR 100 million (2018) - Doosan (South Korea), Tatabanya
(33) 31 billion Ft / EUR 100 million (2018) - Continental (Germany), Debrecen
(34) 31 billion Ft / 100 million EUR (2018) - B. Braun Medical (Germany), Gyöngyös (town near Eger)
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