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FM: Audi has made a significant contribution to success of Hungary’s economy

Without Audi’s activities, Hungary could not have broken the investment and export records set in recent years.

Announcing a training scheme linked to the transition to electromobility, Péter Szijjártó, Minister of Foreign Affairs and Trade, said Audi and the western Hungarian city of Győr have developed close ties, and the company has made a significant contribution to the success of Hungary’s economy.

Minister Szijjártó said the Audi Ahead competence development project at the regional service center for subsidiaries of Volkswagen AG will provide training for 500 people, and the 1.5 billion forint (EUR 3.9m) investment will receive 750 million forints in government support. “Beyond the physical preparations for the new car industry, involving the purchase of machinery, the necessary technological know-how must be acquired by everyone who will provide the basis for the new era,” Szijjártó said. He said the German company had demonstrated trust in Hungary in an area that was vital to its own global operations. “These days when rumors and fake news are being spread, it is worth making clear that cooperation between Germany’s industry and economy with Hungary is expanding fast,” he added. “We will make every effort to ensure that cooperation continues to be characterised by mutual respect and mutual interests,” Szijjártó said. Without Audi’s activities, Hungary could not have broken the investment and export records set in recent years, he said. Audi has invested around 4,500 billion forints and has become one of the largest exporters, putting Hungary in 34th place globally in terms of exports, even when it is ranked 95th in terms of population size, he added. He noted that one of Europe’s largest solar power plants is located at the company’s Hungarian factory, helping Hungary to be among the twenty countries in the world able to increase economic output while cutting emissions.

Photo credit: MTI