Govt aims to sign more strategic agreements with multinationals
The government will soon sign strategic agreements with foreign-owned multinationals in Hungary with the goal of getting them to reinvest a bigger part of their profits locally, state secretary for foreign affairs and trade Peter Szijjártó said in an interview with Gazdasági Rádió on Friday.
The government plans to sign about 40 such agreements in the coming weeks and months, Szijjártó said. Between four and five, but at most six could be signed each month, he added.
The agreements aim to make foreign-owned exporters "feel even better, more secure and more predictable in Hungary", he said.
Talks on the agreements are underway with Knorr-Bremse, ThyssenKrupp, Bombardier, Nokia Siemens and Opel, he added.
The agreements are expected to broaden companies' circles of Hungarian suppliers and involve more in vocational training as well as regional development.
The government has already signed a strategic agreement with Coca-Cola.
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