Referred to by some sources as the “Hungarian Tech Surge,” Hungary’s technology ecosystem is expanding rapidly, home to both major enterprises and a growing number of startups.
While many companies choose to expand their operations to the United States, some prefer to base the majority of their research and development in Hungary, tapping into its highly skilled talent pool.
From facilitating international money transfers to improving communication between healthcare providers and patients, here are some of the companies that have established themselves in the so-called Heart of Europe.
Companies in Hungary
- Prezi
- Mito Group
- Aliz
- Wise
- Hiya Inc.
- Chemaxon
- Formlabs
- Tuxera
- Mondelēz International
- Artera
Companies in Hungary to Know
Chemaxon develops chemical software platforms, including Marvin Suite and JChem. It serves the biotechnology and pharmaceutical industries. In 2024, the American drug development company Certara acquired Chemaxon to expand its drug research software portfolio.
Prezi is a presentation platform designed for users ranging from students to CEOs. Its Prezi AI feature integrates smart technology to streamline the creation process, allowing presentations to be made in minutes. The company claims to have partnered with over 150 million users worldwide.
Tuxera develops embedded file systems, data storage solutions, flash management and networking software designed to keep business information “accessible and uncorrupted.” Founded in Espoo, Finland, the company has offices in the United States, Europe and Asia.
Mito Group, consisting of Mito Creative, Mito Digital, Mito Performance and Mito Next, develops digital products and communication campaigns for companies worldwide. Founded in 2008 by three people, it has since grown to employ several hundred team members.
Hiya Inc. provides spam and fraud call protection, as well as identity services. It uses a global database of caller names to offer real-time context for incoming calls. The company has offices in the United States and Europe.
Fintech platform Wise enables people to send and receive money internationally at lower costs compared to traditional banks. The company has over 10 offices and employs thousands of people worldwide.
Mondelēz International is a multinational snack company that owns brands such as Oreo, Triscuit, Cadbury Dairy Milk and Trident. Headquartered in Chicago, Illinois, Mondelēz operates in over 150 countries and has offices worldwide, including one in Budapest.
Artera is a health communication platform that integrates with a healthcare company’s existing technology, including electronic health records and third-party vendors, to support the exchange of billions of messages each year in a way that suits patients’ needs. Founded in 2015, the company has been recognized on the Deloitte Technology Fast 500 list and the Inc. 5000 list of fastest-growing private companies.
Aliz provides machine learning and data solutions powered by Google Cloud to help businesses, including retailers and telecommunications companies, gain insights for growth. The company is headquartered in Budapest.
Yext aims to help organizations and businesses deliver official answers wherever people search. Its Search Experience Cloud allows clients to organize facts into a knowledge graph, enabling them to better provide answers. The company has an office in the Belső-Ferencváros area of Budapest and is actively hiring software engineers in the country.
Founded in 2011 by three MIT Media Lab students, Formlabs develops and manufactures 3D printers and is the largest supplier of professional stereolithography and selective laser sintering 3D printers worldwide. The company has an office in Budapest.
