Hungarian minister had talks with top German company leaders

Márton Nagy, the national economy minister, and a delegation from his ministry is traveling to Germany for talks with German Federal Minister for Economic Affairs and Climate Action Robert Habeck, Federal Ministry of Finance parliamentary state secretary Florian Toncar and senior managers from BMW, Mercedes and Audi, Hungary’s national economy ministry said on Sunday.

The purpose of the delegation is to further strengthen Hungarian-German economic relations and to increase the proportion of Hungarian domestic suppliers working with German firms.

The ministry noted in its statement that it is in the interest of Hungary to further improve the economic performance and competitiveness of Germany, as it is Hungary’s most important foreign market, and to strengthen economic relations.

One of the central topics of the discussions will be the future of the automotive industry, with particular regard to the large German car factories present in Hungary and the production of electric vehicles. Hungary aims to set up a uniform EU support program that will significantly increase the demand for electric cars.

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