Gov't signs strategic agreement with Autoliv

Automotive

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Hungary's government signed a strategic cooperation agreement with the local unit of Stockholm-headquartered automotive safety supplier Autoliv yesterday, according to origo.hu.

The agreement was signed by Minister of Foreign Affairs and Trade Péter Szijjártó and Autoliv Kft. managing director Miklós Pallai.

 Autoliv Kft. employs 1,800 people at its plant in Sopronkövesd (195 km west of Budapest), which has made Hungary the fifth-biggest exporter of seatbelts in the world. H

ungary's government has thus far signed strategic cooperation agreements with 91 companies that employ 193,000 people in Hungary.

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