Minister Szijjártó underlined that despite almost four years of war in Ukraine, the past three years have been the most successful period in Hungary’s investment history. Owing to the country’s low, flat tax rate, he said, Hungary currently offers “the most attractive investment environment in Europe.”
“In such difficult, uncertain times for the world economy, a country can only maintain its stability if it has strong allies. And strong allies are the companies that create jobs, make investments, and bring modern technology to Hungary,” he stated.
He announced that the landmark 100th agreement was signed with Masterplast, based in Sárszentmihály. He described the firm as the largest Hungarian-owned company in its sector, with a presence that extends beyond domestic operations thanks to its successful export activity. He also noted that the company operates with high energy efficiency, while its products significantly improve the energy efficiency of factories and homes alike. “Masterplast’s products help us use less energy, use it more efficiently, and reduce dependence on foreign energy imports,” he said.
The minister reported that to date the government has signed strategic cooperation agreements with sixteen German and American firms, eleven Chinese companies, and ten Hungarian enterprises. Last year alone, twenty-three Hungarian companies received support for investments, resulting in 250 billion forints’ worth of development projects.
“Over the past eleven years, 1,119 Hungarian companies have received support for major investments, amounting to a total of 590 billion forints,” he noted.
FM Szijjártó also warned that today’s global environment is marked by severe security conflicts that place enormous strain on the world economy. In such circumstances, he said, stability becomes a country’s most valuable competitive advantage. Hungary’s ability to ensure physical security, energy security, and economic security “is not something to be taken for granted — it is the result of hard work,” he emphasized.
He added that the government must fight daily to prevent Hungary’s involvement in the war across the border, to stop illegal migration at the southern frontier, and to make clear that energy supply is a physical, rather than ideological, question.
“Powerful forces in Brussels are working to cut us off from Russian energy supplies, and to place the Hungarian economy under pressure. Yet we have signed agreements in both Washington and Moscow that guarantee the safety of Hungary’s energy supply. Now we must fight in Brussels to ensure that we can protect this security and the results of the utility price cuts in the long term,” he said.
Tamás Vargha, the region’s MP, welcomed that a company with a significant international presence operates in Sárszentmihály, strengthening both the local economy and Hungary as a whole.