The government will make foreign companies leave Hungary in this sector

János Lázár, PM Orbán’s construction and transport minister, put it quite frankly in a press conference. They want foreign companies in the building material manufacturing sector to leave Hungary.

According to mfor.hu, Mr Lázár said their expressed purpose is to make foreign building material providers leave the Hungarian market. It was requested by many Hungarian professional organisations. He highlighted that the government would like Hungarian subcontractors to execute construction projects using Hungarian building materials. As a result, the profit could remain in the country. The time frame for that is only ten years, he added.

According to a chart made by ÉVOSZ (The National Federation of Hungarian Building Contractors), at the moment, only 10 percent of Hungary’s building material producers are Hungarians. In the case of building material traders, the rates are better (20 vs 80), while the subcontractors are mostly Hungarians (10 vs 90 percent).

The government would help Hungarian companies with direct money transfers and buy up foreign firms. Moreover, the cabinet is preparing a new construction bill in which they would like to clear the cornerstones of a patriotic economy policy. Lázár said he expected fierce attacks from Austrians and Germans in the issue.

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