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Hungary 7th most favoured investment target


Hungary is the world’s seventh favorite investment target, according to IBM Global Location Trends, a government official said on Tuesday.

Commenting on the 2017 report, Tamas Menczer, state secretary for communications, said that in terms of high value-added foreign investments, Hungary is also at the forefront, ranking 16th.

He noted a favourable economic environment for investors, one of the lowest personal income tax rates in Europe and its lowest corporation tax.

Source: MTI; IBM Global Location Trends