0.5 percent of Hungarian GDP is related to Nestlé’s domestic operations

By: Trademagazin Date: 2026. 02. 17. 12:14

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Nestlé is present on the Hungarian market with three factories, 42 brands and more than 1,000 products, but the company’s impact on the economy is much greater than what would result from its own operations, according to a recently published analysis by PwC1, which examines the impact of the Swiss food company on the Hungarian economy. The operations of Nestlé Hungária Kft. support 22,100 jobs, generate 409.4 billion forints of gross added value annually, and contribute 106.7 billion forints to the central budget revenues in total.

Nestlé Hungária Kft. has a 35-year history in Hungary, and over the past three decades, it has continuously built its domestic presence with significant economic investments, the expansion of its product portfolio, the development of its factories, and its decisive vocational training, education and agricultural programs. Customers can find the company’s 42 brands and more than a thousand products in stores, but Nestlé’s operations in Hungary go far beyond this, both economically and socially.

PricewaterhouseCoopers AG prepared an impact study entitled “Nestlé’s Economic Value Report”, which examines the company’s direct, indirect and induced impacts, as well as their aggregate impact on the Hungarian economy.

The direct economic impacts include the fact that Nestlé, which employs more than 3,000 people in our country, contributes HUF 60.3 billion in gross added value to the Hungarian economy through its operations, and increases the Hungarian budget’s revenues by HUF 13.5 billion through the payment of taxes and contributions.

Examining Nestlé’s Hungarian value chain – raw material suppliers, service providers, distributors and retailers – the analysis firm measured another significant indirect economic impact. Nestlé’s operations in this form generate an annual gross added value of HUF 206.2 billion, support 11,200 jobs, and increase central budget revenues by HUF 52.5 billion.

Nestlé and its suppliers’ employees also drive the economy with their own purchases, which has an additional economic stimulating effect. Expressed in numbers, this induced economic impact means 7,900 jobs, HUF 143 billion in gross added value, and a budget contribution of HUF 40.7 billion.

The overall economic impact is very significant: 0.5 percent of Hungarian GDP can be attributed to Nestlé’s operations in Hungary, and the company supports the employment of nearly as many people (approximately 23,000) as the population of Tata.

“Over the past 35 years, we have invested nearly HUF 400 billion in order to achieve a real impact beyond our products, both economically and socially. Our past and ongoing initiatives, whether it is about job creation, social responsibility or sustainable operations, clearly reflect our long-term commitment to Hungary. Our goal remains to make a meaningful contribution to the development of the domestic economy and local communities with our activities,” said Péter Noszek, Managing Director of Nestlé Hungária Kft.

Celebrating its 35th birthday this year, Nestlé Hungária Kft. is the largest Swiss investor and employer in Hungary, with 71 percent of its revenue coming from exports; its main sources of revenue are the production and distribution of pet food and coffee and cocoa powders. The company, which cooperates with 1,500 domestic suppliers, is characterized by continuous construction and expansion.