Hungarian Foreign Minister Péter Szijjártó has highlighted Hungary’s rising prominence as a secure and attractive destination for global automotive investments, particularly amid increasing global economic uncertainty.
Speaking in London after meetings with senior figures from the British automotive industry, Szijjártó underscored the shared strategic role of Hungary and the United Kingdom in the European and global automotive sectors.
The minister pointed to the volatility currently affecting the industry—driven largely by newly introduced tariff policies and the unpredictability surrounding future trade measures. In this environment, he said, countries that offer a stable political and economic landscape are gaining importance in the eyes of global manufacturers.
“Hungary today represents stability for the global automotive industry,” Szijjártó stated. “This is precisely why we’ve seen a noticeable increase in interest from industry leaders considering Hungary for future investments.”
He noted that Hungary’s political and economic stability stands out within Europe, and its comprehensive automotive ecosystem—including a full value chain and a strong supplier network—provides a dependable foundation for production, services, and R&D activities.
Companies already operating in Hungary have reported successful outcomes and continued satisfaction with their investments, Szijjártó added.
“In this current climate of global industrial uncertainty, Hungary is a beacon of safety and reliability for the automotive sector,” he said. “Our task now is to convert this growing interest into expanded industrial capacity as swiftly as possible.”
Szijjártó’s comments reflect Hungary’s ongoing efforts to strengthen its position as a central hub for international automotive operations, even as trade tensions and market fluctuations reshape the industry landscape.
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