In a statement, Minister of Foreign Affairs and Trade Szijjártó said both Hungary and the UK were “bastions” for the European and global automotive industry facing the impact of tariffs.
Hungary’s political and economic stability, an “exception” in Europe, has made the country a more attractive target for automotive industry investments in recent days, he added.
“All of the automotive industry companies that have brought production, service activities or research and development to Hungary, have all done well and all believe their investments to be successful,” he said.
He added that Hungary needed to accommodate the sector’s stepped up interest in the country.
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