Foreign minister Peter Szijjarto – Photo: Facebook

Szijjarto meets Spanish company executives

Around 200 Spanish companies employ some 50,000 people in Hungary, and continue to invest in the country, the minister of foreign affairs and trade said on Facebook on Tuesday.

Peter Szijjarto met the heads of Spanish car manufacturing, tourism, traffic, air transport, finance and energy companies for talks on further investments in Hungary earlier on Tuesday in Madrid.

“It was good to hear the feedback of Spanish companies, many of whom see Hungary’s economic strategy and the government’s economic policy as an example. Hungary’s attraction lies in its low taxes, an investor-friendly economic environment and well-trained workforce,” Szijjarto said.

Hungary has overcome last year’s economic difficulties created by the war, sanctions and the resulting inflation, Szijjarto said. “We have broken down inflation, maintained energy security and record employment, and proved that Hungary’s economy is operational without EU funds. The trust and investments of Spanish companies has been a great help,” he added.

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