Péter Szijjártó, Minister of Foreign Affairs and Trade, said the Hungarian government is set to announce hundreds of billions of forints worth of new investments in the coming period, guaranteeing that the country will again draw record investments this year.
Speaking in Davos on Tuesday, the minister said the world’s biggest companies all speak highly of Hungary’s investment environment. The minister made the comments after meeting executives from Coca-Cola, LEGO, Apollo Tyres, AstraZeneca, Dell Technologies and Greenlabs on the sidelines of the World Economic Forum. “LEGO, Coca-Cola, Apollo Tyres and AstraZeneca are all companies that are counting on Hungary as a global or European research and development centre,” Szijjártó said. Most of them have investments in Hungary and plan to make new ones, he added. The world’s top companies value Hungary’s political stability and low taxes, and speak highly of Hungary’s well-trained and loyal workforce, the minister said. “I can confidently say after today’s talks that Hungary will again attract a record volume of investments this year, just as it did last year,” Szijjártó said. “Although it’s only January — and it may seem like we’re speaking too soon — but having seen, and being familiar with, the talks held again today, we’re going to be able to announce hundreds of billions of forints worth of manufacturing and R&D investments in Hungary in the coming period,” Szijjártó said.