The Hungarian Government and Lego Manufacturing Ltd. signed a strategic partnership agreement today in Budapest.
The agreement was signed between Minister of State for Foreign Affairs and External Economic Relations Péter Szijjártó and Lego's Investment Manager Martin Svejda. Danish Ambassador to Hungary Tom Norring and Executive Director of Lego Manufacturing Jesper Hassellung Mikkelsen also took part at the event.
In his speech made before the signing ceremony, Péter Szijjártó highlighted that the agreement goes further than agreeing on production, supply and job creation as it determines a common set of values focusing on family. The Minister of State reiterated the Government’s commitment to supporting families with such provisions as the development of a child-friendly tax system while Lego, apart from being socially engaged, remained a family-owned company, and represents this approach in its everyday business activities.
The company’s Investment Manager informed the public that Lego factories in the East-Hungarian town of Nyiregyhaza employ approximately 1200-1300 people on an annual basis and rely on local suppliers, thus building a link between the success of Hungary and the company. CEO of Lego Manufacturing Ltd. Jesper Hassellund Mikkelsen emphasised that the current agreement was the starting point of a long-term cooperation, which would create jobs and enhance the company’s presence on the Hungarian market. He also told reporters that in the upcoming years, Lego would extend its current plants in Nyiregyhaza to 122 thousand square meters and would also double the number of injection moulding machines.
The agreement with the Danish Lego Manufacturing Company is the 19th consecutive partnership agreement that the Hungarian Government has concluded with international economic operators with the aim of improving the Hungarian economy’s competitiveness as well as ensuring the long-term presence of these international companies on the Hungarian market. The Government plans to conclude 40 similar agreements with international investors.
(Prime Minister's Office)
