Hungary's biggest competitive advantage is its fast speed, Prime Minister Viktor Orbán pointed out at the opening of a new Knorr-Bremse assembly plant in Kecskemét, central Hungary, on Thursday.
He stated that the plant built in 12 months by the brake systems manufacturer was a speed record, but even this could be broken in the near future. It is necessary for Hungarians to "always be faster than everyone, even those who are today faster than us", he added.
The investment could not have been completed without the Hungarian workers, who proved that they are able to compete with any other country in the world in making serial products of a quality with evenly good standards, he highlighted. Heinz Hermann Thiele, Head of the board of supervisors at Knorr-Bremse, said the Hungarian Government had provided significant support for the project.
Prime Minister Orbán said Hungarians must understand the challenges of competition and find new goals and new competitions to enter. He emphasised that he was personally grateful to Knorr-Bremse for opening a development centre in Budapest in 1999, which paved the way for Hungary to join the global elites in research, technology and development.
The 19,000 square metre plant was built on nearly 9 hectares in a green field investment from 6 billion forints (EUR 19.2m). The company used 1.4 billion forints worth of funding from the EU and the Hungarian government for the project.
(Prime Minister's Office)
