Foreign Minister Péter Szijjártó announced in London that Hungary has recently attracted increased attention from international automotive companies, thanks to its stable environment in an otherwise volatile global economy.
Following talks with top British automotive industry leaders, Szijjártó emphasized the strategic importance of both Hungary and the United Kingdom as pillars of the European and global automotive landscape.
He acknowledged that the sector is currently experiencing heightened uncertainty, particularly due to newly announced tariff policies and the unpredictable direction of future trade measures. However, he stressed that in such uncertain times, countries offering a dependable and secure environment gain significance as investment destinations.
‘Hungary today represents stability for the global automotive industry,’ Szijjártó stated. ‘This is precisely why we’ve seen a noticeable increase in interest from industry leaders considering Hungary for future investments.’
The Minister pointed out that Hungary’s political and economic stability is unique across Europe. Moreover, the country’s strong automotive presence—including a complete value chain and a robust supplier network—provides companies with the peace of mind they need in turbulent times.
He also noted that businesses that have already established production, services, or R&D operations in Hungary report success and satisfaction with their investments.
‘In this current climate of global industrial uncertainty, Hungary is a beacon of safety and reliability for the automotive sector,’ Szijjártó added. ‘Our task now is to convert this growing interest into expanded industrial capacity as swiftly as possible.’
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