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Hungarian foreign minister hails ‘record high’ investments in 2020

Hungary has “never had such a successful year” in terms of investments thanks to the government’s economic promotion schemes, the minister of foreign affairs and trade said on Facebook on Monday.

Since the beginning of 2020, the government has provided assistance to a total 1,433 investment projects worth a combined 1,676 billion forints (EUR 4.6bn), Péter Szijjártó said, adding that the government grants had totalled 472 billion forints.

The government-assisted projects have created 12,603 new jobs and helped retain 264,595, Szijjártó said.

The minister also said that

80 percent of the small and medium-sized companies embarking on investment projects were Hungarian businesses.

source: https://dailynewshungary.com/news_to_go/hungarian-foreign-minister-hails-record-high-investments-in-2020/