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Gergely Gulyás said Hungary’s economic protection scheme has been among the most successful in terms of the job market, with the unemployment rate showing a much better trajectory than in the European Union.
The US is the biggest, non-European investor in Hungary, as top American businesses in IT, agriculture, military, energy, and manufacturing continue to benefit from the country’s low taxes and highly skilled workforce. Expectations indicate that the solid partnership between the two countries will see continued growth.
Minister Szijjártó highlighted that this was the eighth investment in Hungary from major US corporations this year via the investment promotion program, with investments totalling 30 million USD and creating some 1,100 new workplaces