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Booming with a $18.4 billion construction market, Hungary's engineering sector is a magnet for investment.
90% of engineering production targets foreign markets, showcasing its global competitiveness.
The government actively fuels this growth through strategic procurement, injecting millions into infrastructure, energy, and more.
The Hungarian government is a major engineering customer, spending heavily on infrastructure upgrades, public buildings, and environmental projects.
This translates to lucrative opportunities for domestic and international engineering firms.
From roads and bridges to power plants and IT systems, the government's procurement list is vast and ever-evolving.
Infrastructure construction takes the crown, with projects like the Budapest metro expansion attracting top bidders.
Renewable energy is a hot button, with solar and wind farms seeking cutting-edge engineering solutions.
Smart city technology is another area of focus, as Hungary embraces digitalization and innovation.
The National Public Procurement Office (NKÜ) oversees all government purchases, ensuring transparency and fairness.
The Ministry of Innovation and Technology (ITM) champions technological advancements, influencing engineering procurement choices.
Individual ministries, like the Ministry of Transport or the Ministry of Construction, also play crucial roles in specific sectors.
Domestic giants like MET Group and Waberer's Kft. are frequent victors, leveraging their local expertise and networks.
International engineering leaders like Siemens and ABB are also regulars, bringing global know-how to Hungarian projects.
Joint ventures between domestic and foreign firms are a rising trend, combining local knowledge with international muscle.
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