Hungary's government has signed a strategic cooperation agreement with Hewlett Packard Hungary. The company announced it is creating 175 new jobs in Hungary.

The document was signed by State Secretary for Foreign Affairs and External Economic Relations Péter Szijjártó and Gábor Gonda, HP Hungary’s Managing Director. At the signing ceremony, Péter Szijjártó said that the strategic cooperation agreements the Hungarian Government has signed with multinationals are efficient responses to the challenges of global economy change.

The agreement concluded with HP is the 30th of its kind. As a result of these agreements, multinationals have announced plans to create 3,500 new jobs. Gábor Gonda stressed that HP has been present in Hungary for 23 years and has long-term plans which necessitate close cooperation. He added that Hungary’s IT expertise makes the country and companies operating here competitive, and accordingly he regards continued cooperation with Hungarian higher education institutions as important. HP Hungary currently employs 2,300 people, including 1,500 at the parent company's Shared Service Centre in Budapest. This number will increase further following the agreement announced today.

(Prime Minister’s Office)