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Hungary, a landlocked country in Central Europe, relies heavily on its marine market to transport goods and services across the Danube River and the Black Sea. The Hungarian marine market is valued at over USD 1 billion and is expected to grow steadily in the coming years.
The Hungarian government is a major player in the marine market, procuring a wide range of marine products and services. In 2022, the Hungarian government spent over USD 100 million on marine procurement.
The main marine products and services procured by the Hungarian government include:
Ships and boats
Marine engines and propulsion systems
Navigation equipment
Cargo handling equipment
Ship repair and maintenance services
The top authorities for Hungary marine procurement are:
Ministry of Innovation and Technology
Ministry of Defense
Hungarian Navy
Hungarian Port Authority
The top winners of Hungary marine procurement in recent years include:
Damen Shipyards Group
Rolls-Royce
Wartsila
ABB
Siemens
These companies have won contracts for a wide range of marine products and services, including the construction of new ships, the supply of marine engines and propulsion systems, and the provision of navigation equipment and cargo handling equipment.
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