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November 24th, 2009

FDI in Hungary seen dropping by half in 2009

Foreign direct investment to Hungary is not expected to total more than two billion euros in 2009, well below the annual average of 3.9 billion, the business daily Vilaggazdasag reported on Tuesday.

According to estimates by the paper, half of that sum could be made up of equity and other dividends, while the other one billion euros could be a total of reinvestment.

Vilaggazdasag also referred to a study by the ICEG European Center, which forecast Hungary’s 2009 FDI between 2-2.5 billion euros.

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