Palkovics discusses bilateral economic ties in Baden-Wuerttemberg
Laszlo Palkovics, Hungary's minister of innovation and technology, had talks in Stuttgart on Thursday with senior officials of Baden-Wuerttemberg focusing on key areas of bilateral cooperation such as car making and further opportunities in research and development.
In a statement, the innovation and technology ministry said that Palkovics, who is co-leader of the Hungary-Baden-Wuerttemberg mixed economic committee, met Wolfgang Reinhart, deputy speaker of Baden-Wuerttemberg’s parliament, and Hans-Ulrich Ruelke, group leader of the local chapter of the FDP party.
Baden-Wuerttemberg, among Germany’s provinces, is the second largest partner for Hungary in terms of trade turnover and the third largest investor in Hungary. In 2020 alone, 25 companies from Baden-Wuerttemberg completed investment projects helping retain over 20,000 jobs in Hungary, the ministry’s statement said.