10 more firms enter Outstanding Exporter Partnership Program

Int’l Relations


Another 10 Hungarian companies are joining the Outstanding Exporter Partnership Program sponsored by the Ministry of Foreign Affairs and Trade, state news wire MTI reported.

Image: Shutterstock

The export promotion programʼs 19 participants - including the 10 new entrants - had combined exports worth HUF 213 billion last year, up 8% from the previous year, said Minister of Foreign Affairs and Trade Péter Szijjártó on Monday.

The programʼs new participants are Agrofeed, Control-X Medical, FF Metal Processing, Gémtech, Jász-Plasztik, Kerox, Pick Szeged, Sanatmetal, Vajda Papír and Wellis.

Szijjártó noted that the government has adopted an “outvestment” strategy, which aims to boost Hungarian companiesʼ investments abroad, adding that HUF 10 bln has already been set aside for this purpose, with the first funding tender to be announced soon.

The Outstanding Exporter Partnership Program was launched in January 2019 in order to recognize Hungarian-owned companies making a significant contribution to exports and to put them on a “fast track” to access state export incentives. 

“In April, the National Export Strategy was adopted, the main goal of which is to continuously increase the ratio of Hungarian-owned enterprises within Hungary’s export performance, to support the international appearance of Hungarian brands, and to diversify exports from a geographical perspective,” Szijjártó was cited as saying by official government website “Eximbank is playing a key role in this, working together with 1,604 clients and providing over HUF 300 bln in new credit every year for the fifth year running,” he added.

Hungary Motor Fuel Prices Below Regional Average Energy Trade

Hungary Motor Fuel Prices Below Regional Average

EC Advances Infringement Procedure Over Hungary's Sovereignt... EU

EC Advances Infringement Procedure Over Hungary's Sovereignt...

Unemployment Rate at 4.4% in April HR

Unemployment Rate at 4.4% in April

Puskás Arena to Host 2026 Champions League Final In Budapest

Puskás Arena to Host 2026 Champions League Final


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.