• Home
• Channel: Business
• UK Investments In Hungary Key For Economic Growth, Says FM Szijjártó

UK Investments In Hungary Key For Economic Growth, Says FM Szijjártó

• 22 Mar 2023 1:06 PM
• Hungary Matters

Investments in Hungary from Britain play an important role in maintaining Hungary’s economic growth, Péter Szijjártó, the minister of foreign affairs and trade, said.

British companies employ more than 50,000 Hungarians, Szijjártó said on Facebook, adding that trade turnover between Hungary and the United Kingdom reached a record high level last year.

“We therefore welcome the Windsor Framework, which is an important step towards the full implementation of the trade and cooperation agreement,” the minister said.

Szijjártó called Brexit “one of the saddest stories” in the European Union’s history, saying Britain’s departure had left the bloc significantly weaker.

“We have always argued in favour of the closest possible cooperation between the EU and Britain, which is of great importance amid the current security and economic conditions,” Szijjártó said.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• UK Investment Economic Growth Szijjártó

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Mercedes-Benz Launches Production of Electric GLB Model in Hungary

• 20 Jan 2026 8:12 AM

Mercedes-Benz launched serial production of the fully-electric GLB model at its base in Kecskemet. Speaking at the launch, Minister of Foreign Affairs and Trade Peter Szijjártó said the launch spelled "great success" for Kecskemet and Hungary.



Szijjártó: Mercedes to Bring A-Class Production to Hungary

• 7 Jan 2026 8:46 AM

Mercedes will bring production of its A-class models to Hungary from this year, Minister of Foreign Affairs and Trade Péter Szijjártó said in a post on Facebook.



Hungary Attracts Most Chinese FDI in Past Two Years

• 25 Nov 2025 11:48 AM

Hungary was the destination for the most Chinese foreign investment in the past two years, which has benefitted Hungary greatly, so the government will continue to work for unhindered global economic cooperation, Minister of Foreign Affairs and Trade Peter Szijjártó said in Brussels on Monday, before a meeting of EU trade ministers.



P&G invests HUF 72 Billion on Capacity Expansion in Hungary

• 14 Nov 2025 7:03 AM

America’s Procter and Gamble is investing HUF 72bn at its bases in Hungary, expanding production capacity, Minister of Foreign Affairs and Trade Peter Szijjártó announced.