Seven Italian companies held separate talks on possible investments in Hungary, Szabó said, adding that the Hungarian Investment Promotion Agency (HIPA) is working on eight Italian projects. If these projects come to fruition, they would involve investments of more than €100 million and create more than 1,000 jobs, he added.
Szabó met with representatives of Lombardyʼs industrial association on Monday. The opportunity for cooperation between local companies and Hungarian partners in third-party countries, in the Middle East, Africa or South America, was raised, he said.
Also touched upon during the meeting were labor force issues delaying developments at cable maker Prysmianʼs bases in the Hungarian cities of Balassagyarmat and Kistelek, Szabó said. Hungary will help seek a resolution to these problems, he added.
Szabó will meet with drugmakers in Florence today before winding up his three-day trip to Italy.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
