Hungarian government expands export partnership programme

The government has included another ten companies as key partners in a programme aimed at promoting Hungarian exports, Foreign Minister Péter Szijjártó said on Monday, at a ceremony in which cooperation agreements were signed with the new partners.

Szijjártó said that the 19 participants in the programme, including new entrants, had exported goods worth a combined 213 billion forints (EUR 657m) last year, up by 8 percent from 2017.

The programme’s new participants include Agrofeed, Control-X Medical, FF Fémfeldolgozó, Gemtech, Jász-Plasztik, Kerox, Pick Szeged, Sanametal, Vajda Papír, and Wellis.

Szijjártó said that Hungary’s economic output had increased by 5.3 percent in the first quarter of this year compared to the same period in 2018, supported by a 6.4 percent export growth. Hungary is the world’s 92nd country in terms of its population, and the 34th largest exporter, he added.

Szijjártó noted the government’s adopting a national export strategy in April, aimed at increasing Hungarian companies’ share in national exports and helping Hungarian brands to international markets.