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Szijjarto welcomes ‘investors’ unbroken trust’ in Hungarian economy

Hungary has drawn investments worth 13 billion euros this year, up from a record 6.5 billion in 2022, Foreign Minister Peter Szijjarto said at the inauguration of a new plant of Swiss-owned industrial mineral producer Omya in Eger, in northern Hungary, on Tuesday.

The 5.7 billion forint (EUR 14.7m) investment received a 260 million forint government grant, Szijjarto said. The new plant will require highly skilled workers, and will contribute to agricultural productivity in Hungary, he said.

The plant is the third investment by a Swiss company announced within the past ten days only, Szijjarto noted, adding that Switzerland was the 11th largest investor in Hungary, with Swiss companies employing some 31,000 people. Bilateral trade jumped to over 2 billion euros last year, he said.

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