Hungary FM Reports Major Successes in Szeged

Despite all the difficulties of the past four years, this period has been the four most successful years in Hungarian economic history in terms of investment, proving that Hungary has become one of the main winners of the new global economic era, Foreign Minister Peter Szijjarto said in Szeged on Friday, according to a ministry statement.

Szijjártó Péter külgazdasági és külügyminiszter

He also pointed out that cooperation between Eastern and Western companies has already brought modern investments and tens of thousands of new jobs to Hungary. As an excellent example, he cited Szeged, where, alongside Chinese company BYD’s first European factory, one can also find German company Rheinmetall’s only hybrid plant outside Germany.

Szeged's example clearly demonstrates how we would be missing out on enormous opportunities if the world was once again divided into blocs,

– he said. “Today’s investment also clearly demonstrates that the investment-attraction capacity of the southern part of the country has entered an entirely new dimension. A new logistics gateway is opening here, and the city of Szeged will become a major logistics hub,” Mr. Szijjarto concluded.

Cover photo: Foreign Minister Peter Szijjarto (Photo: AFP)