The government is contributing a non-refundable grant of 1.2 billion forints, he added.

Szijjártó said the winners in the new global economy were those who made a move in the right time to achieve a competitive edge and attracted long-term investments by companies.

Despite current economic hardship around the world, it is significant that Lidl has decided to carry out its next investment in Hungary, creating 400 jobs, he said.