Hungary’s rapid economic expansion is leading to record low vacancy rates in the office market in Budapest, the country’s capital. 

Hungary's second city has landed an impressive amount of auto sector investment. 

Hungary is enjoying a widespread real estate uptick, with Budapest seeing a raft of property developments. 

According to its mayor, Hungary’s Kecskemét has attracted major companies such as Mercedes-Benz with its flexible, creative and productive workforce. This is thanks to an educational system that combines the Kodály method with a strong vocational focus, she tells Courtney Fingar. 

Hungary’s politics – perceived by some as insular – might have drawn flak, but they have certainly not deterred investors. Officials say the country’s stability is successfully attracting FDI as well as substantial reinvestment, while exports recently hit a high, as Courtney Fingar reports.  

Known more for its agricultural heritage, the Hungarian city of Kecskemét has turned itself into an automative hub, culminating in a $1.1bn Mercedes-Benz investment. Michal Kaczmarski looks at how senior figures on a local and national scale helped to seal the deal.

Hungary was once the economic poster child of central and eastern Europe. However, since the financial crisis the country has struggled, and under nationalistic prime minister Viktor Orban its levels of FDI have plummeted. Michal Kaczmarski analyses just what went wrong.