The minister emphasized that one of the main objectives of the government’s economic policy has been to balance the development gap between the eastern and western parts of the country. This goal has now been achieved, as eastern Hungary has become one of the most important regions of the global green automotive industry. This has had a beneficial impact on Szabolcs-Szatmar-Bereg County, where industrial output has increased two and a half times over the past ten years, reaching 1,700 billion forints last year.
Meanwhile, unemployment rate has dropped from 15 percent to below 10 percent, due in part to the 114 major investments completed here with state support during this period, amounting to approximately 930 billion forints and creating more than 11,000 new jobs.
Finally, he highlighted that Swiss companies now form the seventh largest investor community in Hungary, employing around 35,000 across the country. He added that since 2024 the government has supported the investments of 53 Swiss companies, resulting in a total of 560 billion forints in new developments.
Cover photo: Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto (Source: Facebook)
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