Hungary is Switzerlandʼs seventh most important trade partner and Swiss companies have so far invested more than €2 bln in the country, Swiss ambassador in Hungary Jean-Francois Paroz said at the ceremony.

Phoenix-Mecano Kecskemet won a HUF 658 mln European Union grant for the project.

Phoenix Mecano employs around 1,000 people at its production base in Kecskemét.