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Business infrastructure

Debrecen: The new center of Central and Eastern Europe

Debrecen has been included in the top 10 list of the world's best investment promotion destinations.

The city of Debrecen has achieved outstanding results in the benchmark global survey of fDi Intelligence, a service from The Financial Times.

The city was listed alongside such large cities as New York and Berlin and has been included in the Top 10 list of the world’s best investment promotion destinations. Debrecen is also the fourth-best investment incentive destination in its category for the Top 5 small and medium-sized cities globally, next to Zurich and the capital of Bahrain, Manama.

In 2020, a total of EUR 221 million was invested in Debrecen, which will create 566 new jobs. The two largest investments are from China’s SemCorp Group and Switzerland’s Sensirion.

SemCorp Group has begun construction on its first plant outside China in Debrecen at a value of EUR 180 million, while Sensirion has announced it’s setting up a new sensor manufacturing plant for EUR 8.8 million. 

Other important investments in the city include the development of a BMW factory, the establishment of the new office of 4iG, and a new logistics center of BHS Trans. German-owned Vitesco, a manufacturer of vehicle electronics, and beverage/food producer Krones started operations in Debrecen last year, and in 2016, NI, an American electronics manufacturer, and Schaeffler, a German automotive supplier, also decided to invest in Debrecen.

The city is the home to T-Systems, Flowserve, British Telecom, Capgemini and Diehl Aviation as well. 

In addition, two high-profile Big 4 companies, EY and Deloitte, have recently started operations in the city. The business services sector currently employs a total of 4,700 people in Debrecen.

Source
www.magyarnemzet.hu
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