Hungarian government, Grundfos sign ʼstrategic partnership agreementʼ

History

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The Hungarian government and Danish pump manufacturer Grundfos signed a “strategic partnership agreement” in Budapest today, Hungarian news agency MTI reported.

Grundfos Regional Manager Kim Jensen called the agreement "historic" and said it had finally made the cooperation between the company and the Hungarian government official, after years of uncertainty, MTI reported.

Levente Magyar, state secretary for economic diplomacy, said at the event that the company has been continuously growing in recent years and there are plans for expansion in Hungary next year, MTI added.

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