Gergely Gulyas – Photo: MTI

Gulyas: Maintaining economic growth Hungary’s most important goal

The most important goal for Hungary is to maintain its economic growth even in an environment with a recession hitting both Europe and the world, the prime minister's chief of staff said, addressing a ceremony of electric component manufacturing company OBO Bettermann in Bugyi, just south of Budapest, on Friday.

It is important to underline that the investor-friendly economic environment that has prevailed in Hungary in the last several years will be maintained, Gergely Gulyas said.

He noted that the OBO Bettermann group has decided to expand its operation in Bugyi with the introduction of new surface treatment technology and to also expand its logistics capacity in the town.

The 18 billion forint (EUR 45m) investment will create 100 jobs, he said, adding that the Hungarian government will support the project with a 3 billion forint grant.

Leave a Reply