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Debrecen Once Again on FT’s Best Investment Destinations List

Ábrahám Vass 2020.02.19.

Debrecen has made it once again to the top three on the prestigious Financial Times’ fDi (Foreign Direct Investment) European Cities and Regions of the Future’s list. The city finished 2nd in the Small European Cities of the Future- Best fDi Strategy category. 

FDi Magazine’s European Cities and Regions of the Future presents a league table of the most attractive locations in Europe for inward investment.

In its category, only Reykjavik overcame Hungary’s second largest city, meaning that Debrecen emerged first in the Central and Eastern European region.

In addition, Miskolc came in 5th in the same category, preceding for example Braga, Cork, and Nicosia.

This is the second time Debrecen has made it to the top three on the FDi list, becoming the first ever in the region to do so. In 2018, it was handed the first prize in the same category.

The town’s mayor, László Papp will receive the award at an official ceremony in Cannes, France in March. At the press conference, he recalled that over the past five years, EUR 2 billion of working capital has been flowing into the city, and six thousand new workplaces have been created. He claimed that currently, 700 hectares of land are undergoing industrial development, highlighting, among other things, BMW Group’s 2018 announcement about the establishment of the company’s new factory in the city.

featured image: the future site of BMW’s factory near Debrecen; cia MTI/Zsolt Czeglédi