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Finance Minister: Swiss companies employ over 30,000 people in Hungary

Swiss companies operating in Hungary remained committed to their presence in the country even during the economic downturn caused by the coronavirus crisis.

Finance Minister Mihály Varga met with his Swiss counterpart Ueli Maurer in Bern on Friday. The minister said Swiss companies operating in Hungary remained committed to their presence in the country even during the economic downturn caused by the coronavirus crisis. Hungary’s government contributed to almost HUF 4 billion (EUR 11.2m) worth of investments by Swiss companies during the crisis, helping to preserve 1,800 local jobs, he added. He said most of the over 800 Swiss companies in Hungary have decided to continue to invest in the country and expand their local operations. Swiss companies employ over 30,000 people in Hungary.

Photo credit: Facebook/Varga Mihály