Economy Minister speaks to Swiss-Hungarian Chamber of Commerce

Conferences

Hungary’s Economy Minister Mihály Varga yesterday acknowledged the importance of investments made by Swiss companies in Hungary and developments supported by the Swiss Contribution Fund, at a meeting of the Swiss Hungarian Chamber of Commerce, Hungarian news agency MTI reported. 

Recent investments made by Switzerlandʼs Nestle, PhoenixMecano, Stadler and Fraisa are a sign of an improving business environment in Hungary, according to Varga, who added that approximately 300 Swiss-owned companies in Hungary employ nearly 40,000 people. Switzerland is the seventh-largest foreign investor in Hungary, he said, with CHF 132 mln in support coming from the Swiss Contribution Fund alone. 

ADVERTISEMENT

Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.