Josef hírek

2012.08.04. 20:25

Foreign companies satisfied with Hungary business environment - paper

Budapest, August 2 (MTI) - Most foreign-owned companies in Hungary are satisfied with the business environment in the country, state secretary for foreign affairs and trade Peter Szijjarto said in an interview published in Thursday s issue of business daily Napi Gazdasag.

Budapest, August 2 (MTI) - Most foreign-owned companies in Hungary are satisfied with the business environment in the country, state secretary for foreign affairs and trade Peter Szijjarto said in an interview published in Thursday s issue of business daily Napi Gazdasag.

Szijjarto said he had met with managers of such companies as GE, Citibank, Delphi and Oracle during a visit to Washington a week earlier and "it felt good to hear about their satisfaction with the business environment".

 

He conceded that some companies in Hungary have a bigger burden to carry because of the government measures to more equitably share the public burden and noted Brussels opposition on the matter. But he said the "decisive majority of companies, especially those operating in production, are satisfied with their surroundings".

 

"When Opel, Mercedes or Audi launch an expansion of production in a country, we can t say that there is a lack of investor confidence," he added.

 

Sziijartro, head of the Turkish, Azeri, Serb, Vietnamese, Slovak, Macedonian, Montenegrin and Kuwaiti joint committee, said that he intends to activate work within these committees as they offer a good chance for Hungary to create market for businesses in the target country.

 

The government plans to deploy 63 economy envoys in 50 countries in the following period, with a special accent on China. The first trading houses will open in Baku, Moscow, Beijing and Riyadh, he said.

 

Speaking about a 1-billion-euro credit line signed with China, Szijjarto said that negotiations are under way to draw financing for projects.

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