Hungarian FM Szijjártó: International corporate world continues to trust Hungary

Continuous investment records prove that the players in the international corporate world continue to trust Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday in Budapest when announcing a HUF 9bn investment by Dutch-owned Aalberts Surface Technologies.

Szijjártó: Hungary needs similar investments

The minister said the metal surface treatment company is expanding capacity at its base in Tatabánya (NW Hungary), increasing headcount to nearly 200, with a HUF 1.1bn grant from the government.

Mr Szijjártó noted the need for similar investments, since the continuously growing automotive and battery production capacities also require local suppliers, so that the supply chains can be as short as possible.

Dutch companies represent the twelfth largest investment community in Hungary and bilateral trade was close to EUR 12bn last year, he said.

Mutual respect characterizes the cooperation between the two countries, with a few exceptions, and we are constantly looking for cooperation opportunities, he added.

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