When announcing a HUF 9bn investment by Dutch-owned Aalberts Surface Technologies, Péter Szijjártó, Minister of Foreign Affairs and Trade, said continuous investment records prove that the players in the international corporate world continue to trust Hungary.
The minister said the metal surface treatment company is expanding capacity at its base in Tatabanya (NW Hungary), increasing headcount to nearly 200, with a HUF 1.1bn grant from the government.
Minister Szijjártó noted the need for similar investments since the continuously growing automotive and battery production capacities also require local suppliers so that the supply chains can be as short as possible.
Dutch companies represent the twelfth largest investment community in Hungary and bilateral trade was close to EUR 12bn last year, he said.
Mutual respect characterizes the cooperation between the two countries, with a few exceptions, and we are constantly looking for cooperation opportunities, he added.