Szijjarto: Investments record high in 2019

Investments in the Hungarian economy have reached a record high, the minister of foreign affairs and trade told parliament's economic committee on Tuesday. Peter Szijjarto said that in the first ten months of the year agreements on 62 major projects had been signed. He added that the government had contributed a combined 129 billion forints (EUR 386m) to assist with those projects which would create 9,682 new jobs. Those investments include 10 e-mobility projects by South Korean and 4 by Japanese companies worth a total of 3 billion euros, he said. The minister also said that in jobs created through the government's investment promotion scheme, salaries currently averaged a gross net 458,000 forints (EUR 1,370).