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Gov’t to sign further strategic cooperation agreements

The government is preparing to conclude another seven strategic agreement with major investors, state bulletin Magyar Közlöny reveals. According to the notice, new deals will be signed with Ericsson Magyarország Kft, Knorr-Bremse Vasúti Jármű Rendszerek Hungária Kft, Teva Gyógyszergyár Zrt, Sanofi-Aventis Magyarország Kereskedelmi és Szolgáltató Zrt and Chinoin Gyógyszer- és Vegyészeti Termékek Gyára Zrt. The government has so far signed 19 such agreements and plans to have altogether 40 in place to show appreciation towards investors and encourage them to expand their business in Hungary.