Hungary can maintain its economy's growth trajectory if it continues to successfully encourage job-creating investments in Hungary by large international companies, Péter Szijjártó wrote on his Facebook page on Friday.
The minister put it this way: "due to the war and Brussels sanctions, Europe is now threatened with a severe economic recession. Hungary can stay out of all this in one way, then we can be a local exception to the continental recession, then we can maintain the growth trajectory of the Hungarian economy, if we continue to successfully encourage job-creating investments in Hungary by large international companies."
So far, Korean electric car industry companies have played a major role in economic growth, bringing their factories for the production of electric batteries to Hungary. It's no wonder that today they make up the third largest investor community in Hungary, wrote Péter Szijjártó.
He added: Hungary is now the European stronghold of the electric car industry, Hungary has the third largest battery production capacity in the world, the country has become a meeting place for Western and Eastern economies, as the large German car manufacturers manufacture a significant part of their electric cars and motorcycles here, for which the Koreans and Chinese are indispensable. batteries produced by
"I told the Korean company leaders: despite the extremely difficult economic situation in Europe, there is no question of giving up our basic economic and social political goals! Full employment, maintaining Europe's lowest taxes and maintaining the fastest investment promotion system cannot be a subject of compromise," the minister stated.
Source: Magyar Hírlap
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