“With its rapid market expansion, ZTE is increasing the scale of investment in the region and has chosen Budapest as the location of the NOC and Call Centre because of the good human resources, the supportive governmental openness and the natural environment of the city.” Press release of ZTE Corporation

  • Financial and fiscal stability
  • Boosting the growth potential of the Hungarian economy
  • Increasing the level of labour market participation and employment
  • Enhancing competitiveness
  • Reducing public debt

Hungary in figures

  • EU-membership: since 2004
  • GDP growth 2011: +1.7%
  • Export growth (2010/2011): +10.2%
  • Industrial production growth (2010/2011): +5.4%
  • Average gross wage: € 738.7 (January-April 2012)* Unemployment rate (Q1 2012): 11.7%
  • Inflation rate (2011): 3.9% (*Exchange rate: 1 €= 296,97 HUF (2012 Q 1)