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Hungary’s foreign minister signs investment pacts with three major US firms in NY

Hungary’s foreign minister signs investment pacts with three major US firms in NY

New York, September 22 (MTI) – The Hungarian foreign minister concluded agreements on Hungarian investments with three major American firms on the sidelines of the United Nations General Assembly in New York on Thursday.

Under the agreements, American companies will invest a combined 40 billion forints (EUR 130.2m), creating about 600 jobs, Péter Szijjártó told MTI.

A leading global medical equipment maker will create its second largest factory and employ 220 people, he said. Another major firm will establish a digital development centre in Budapest, creating 200 jobs. The third is a service centre by a leading software developer, which will make almost 200 hires, he added.

The investments will be formally announced in Hungary in October.

“US investors continue to show solid trust in Hungary,” Szijjártó said, noting over 9 billion dollars invested in Hungary so far by 1,650 US businesses employing more than 100,000 people.

 

Source: MTI

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