Leading pharmaceutical firm GlaxoSmithKline (GSK) has announced that it will upgrade its plant in Gödöllő near Budapest, creating 104 new jobs.
According to sources, the British company will increase production on vaccines to cater for the growing demand worldwide.
Péter Szijjártó, minister of Foreign Affairs and Trade, joined plant director Cristopher Hunley to announce the news to a packed press conference.
As Britain is Hungary’s seventh largest investor, a “fair Brexit” is in Hungary’s best interest, Minister Szijjártó said. Although Britain’s decision to quit the European Union is “regrettable”, Hungary respects the British people’s “exclusive right to decide over their country’s fate," he added.
The best possible trade relations are also a way “to ensure the rights of EU citizens living and working in the United Kingdom," the minister said.