N

Gulyás: Most important goal for Hungary is to maintain economic growth

Gergely Gulyás said it is important to underline that the investor-friendly economic environment prevailing in Hungary will be maintained.

Gergely Gulyás, Head of the Prime Minister's Office, said the most important goal for Hungary is to maintain its economic growth even in an environment with a recession hitting both Europe and the world.

Addressing a ceremony of electric component manufacturing company OBO Bettermann in Bugyi, just south of Budapest, on Friday, Gulyás said it is important to underline that the investor-friendly economic environment prevailing in Hungary will be maintained. He noted that OBO Bettermann has decided to expand its operation in Bugyi with the introduction of new surface treatment technology and to also expand its logistics capacity in the town. The 18 billion forint (EUR 45m) investment will create 100 jobs, he said, adding that the Hungarian government will support the project with a 3 billion forint grant.

Photo credit: MTI