Hungary is a global leader in nanotechnology, molecular chemistry, and biotechnology services. Medical equipment providers in Hungary are EU-based manufacturers, providing a broader scope for global enterprises and investors. Hungary is an export-driven producer of medical supplies and equipment, employing approximately 120,000 people in the healthcare industry. Hungary makes medical gadgets that are exported all over the globe thanks to technical breakthroughs.
Consumer Electronics and E-Commerce: To expand its e-commerce business, Hungary is focusing on its weak IT infrastructure and educational institutions. With the obstacles provided by the pandemic, online sales and transactions have exceeded their original forecasts, offering greater opportunity for local and worldwide enterprises.
Franchising: For more than 30 years, franchising has been a part of Hungary's history. With global food chains such as McDonald's, Kentucky Fried Chicken, Burger King, and others expanding in Hungary, the scope of additional multinational chains investing in Hungary has grown tremendously. There are roughly 350 businesses, with 50% of them being foreign-owned. With over 20,000 franchisees and over 100,000 workers, this industry offers development opportunities comparable to other nations. Local franchises offering a variety of services have also grown in popularity over the years, with hair salons, pharmacies, bakeries, and real estate businesses among the main challengers. However, there exist skill shortages in the delivery of products and services. These gaps create additional possibilities for companies and investors.