Szijjártó said that top managers of Generl Motors (GM), which operates one of Europe’s most modern engine factories in Szentgottháard, western Hungary, through Opel, told him that they are very satisfied with the operating conditions in Hungary, according to a report from MTI, the Hungarian news agency.
The Hungarian foreign minister also held meetings with top officials of General Electric. GE is the biggest employer in Hungary, with more than 13,500 workers. In addition, he met with top managers of NBC Universal and Comcast, and spoke with them about recent changes the Hungarian government has made to develop Hungary’s film industry.
The minister participated in a business breakfast attended by 15 corporate managers including representatives of Coca-Cola, Alcoa, IBM, Oracle and Sikorsky Aircraft Corp, held at the Business Council for International Understanding (BCIU).
Szijjártó noted that Hungary had increased its foreign trade by 23% last year, and that, during the first seven months of this year, exports to the U.S. increased by 41%. Total U.S. investment in Hungary exceeds USD 9 bln and more than 83,000 Hungarians are employed by U.S. companies, he added.
The minister also told top officials of Owens-Illinois and Delphi about the plans of the Hungarian government to support the expansion of their operations inHungary.
Szijjártó also held talks with Kurt Walker, former NATO ambassador and head of the McCain Institute.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
