The foreign minister has revealed that Eclipse Print’s investment of HUF 200 million (EUR 550,000) at its printing plant in Edelény, in north-eastern Hungary, will save 64 jobs.
Péter Szijjártó, Minister of Foreign Affairs and Trade, said the government is supporting the investment with a HUF 100 million grant. Referring to the printing company’s Czech ownership, Minister Szijjártó said he welcomed seeing increasingly close economic cooperation among central European countries in addition to their political ties. All signs point to central Europe remaining the European Union’s engine of growth after the pandemic is over, he added.
The minister added that whereas global investments were down 42 percent last year, the Hungarian government supported a record 1,436 investments. Hungary now ranks 11th in terms of exports as a percentage of GDP. While global trade turnover was down 9 percent last year, Hungarian exports once again increased to exceed 100 billion euros.