The Government of Hungary signed a strategic cooperation agreement with the local unit of Austrian construction materials manufacturer Leier, based in Győr (northwest Hungary) on Thursday.
The pact was signed by State Secretary for Foreign Afairs and External Economic Relations Péter Szijjártó and Managing Director of Leier Hungaria, Andor Komlós.
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Austrian-Hungarian economic cooperation is important for the success of the Hungarian national economy, the State Secretary highlighted, adding that both Leier and the Hungarian Government regarded the crisis as an opportunity and shared the strategy of modernisation and expansion despite the difficult times.
Leier has invested more than HUF 30 billion (EUR 99.9 million) in Hungary over the past ten years, providing work to almost 1,000 people at its seven Hungarian plants. 97 percent of Leier’s suppliers are Hungarian enterprises and the company is planning to further expand its capacity in Hungary.
Leier is the 37th company with which the Government has concluded a strategic cooperation agreement. The 36 other firms have made investments totalling HUF 650 billion (EUR 2.17 billion) and have created 5500 new jobs since signing cooperation agreements with the Government.
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According to Managing Director Andor Komlós, the agreement acknowledges that Leier, by creating a thousand jobs and continuously reinvesting its profit in Hungary, has gained a definitive role within the Hungarian economy.
Deputy Mayor of Győr Dávid Fekete highlighted that the city of Győr is Hungary’s second strongest economic region and efforts are being made to make the region even more attractive to investors: as of 1 January 2014, the town’s business tax level is decreasing from 2 to 1.8 percent.
(Prime Minister’s Office)
