Szijjártó encourages Hungarian firms to do business in Georgia

Int’l Relations

wiki

All of the necessary political measures have been taken for Hungarian companies to succeed on the market in Georgia, Minister of Foreign Affairs and Trade Péter Szijjártó said after meeting with Georgian leaders in Tbilisi on Friday, according to Hungarian news agency MTI.

Water management is the biggest area of potential cooperation between Hungarian and Georgian companies, Szijjártó said. The second big area is food and farm technology, especially that used in refrigerated warehouses. The third is infrastructure, including energy, transport and sport infrastructure, he added.

Magyar Eximbank is opening an EUR 85 million credit line to support Hungarian companiesʼ business in Georgia.

Szijjártó noted that Hungarian drug exports to the country exceed an annual USD 25 mln.

ADVERTISEMENT

Poland: Businesses blocked by unpaid invoices, survey shows Analysis

Poland: Businesses blocked by unpaid invoices, survey shows

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest hosting 2024 Chess Olympiad City

Budapest hosting 2024 Chess Olympiad

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.