The money went toward 27 investments that created a combined 5,461 workplaces, Mr Retfalvi said. This year, investments will probably reach more than EUR 1bn, he added. ITD Hungary is in talks on 32 investments on which final decisions could be made in 2010, Mr Retfalvi said. The investments are worth about EUR 1.5bn and could create some 8,000 jobs, he added.

Positive decisions have already been made this year on two investments, the one worth about USD 20m and the other USD 10m. One of the investments is in the area of electronics and the other is in the service sector. ITD Hungary gets 700-800 inquiries a year, of which 250-300 become potential projects.