Hungary Plant Location Factor
Get Hungary Plant Capital Cost Based on the Cost in other Country
Intratec Plant Location Factors (IL Factors) are multipliers that convert industrial plant construction costs from one country to another. The application of IL Factors is simple: to estimate the investment required for constructing a plant in a specific country, simply multiply the known plant investment from a reference country by the appropriate location factor.
IL Factors and key manufacturing costs in Hungary and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide.
Data Use. Calculated monthly, Plant Location Factors provide a straightforward way to estimate what it would cost to build a manufacturing plant in a country of interest, based on construction cost data from other countries. The usage of Intratec Plant Location Factors is simple: to determine the plant cost in a country of interest, one simply multiplies the known plant cost in the reference country by the respective location factor for the specific period. IL factors and key manufacturing costs in Hungary and up to 32 other countries are provided with the annual subscription to "Intratec Industry Economics Worldwide". To better understand data provided check Intratec Industry Economics Worldwide Methodology .
Data Delivery Methods. Plant Location Factors are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).
Intratec Industry Economics Worldwide
Assess Manufacturing Competitiveness of Hungary & 32 other Countries
Plans Starting at $149 USD /year
About IL Factors. Plant Location Factors are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. IL Factors are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Covering as many as 33 countries, Plant Location Factors are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities
About Hungary Manufacturing Industry. Hungary's economy is characterized by a dynamic and industrialized landscape, with a strong emphasis on manufacturing and export-driven growth. The country has established itself as a key player in various sectors, including automotive, electronics, pharmaceuticals, and machinery. Manufacturing is a vital contributor to Hungary's GDP, driving employment and economic development.
The Hungarian manufacturing industry is known for its high-quality production and advanced technological capabilities. With a skilled workforce and well-developed infrastructure, Hungary has become an attractive destination for foreign investment. The automotive sector, in particular, has experienced significant growth, bolstered by the presence of numerous multinational companies.
As Hungary adapts to global economic trends, such as sustainability and digitalization, its manufacturing sector remains essential to its economic stability. The country is increasingly investing in innovative technologies and green practices, ensuring its competitiveness in the global market. With a focus on research and development, Hungary is well-positioned to continue its trajectory as a prominent player in the global manufacturing arena for years to come.
