Márton Nagy, Minister for National Economy, and a delegation from the Hungarian government will travel to Germany on Monday to engage in discussions with key figures such as Robert Habeck, Federal Minister for Economic Affairs and Climate Action, Florian Toncar, Parliamentary State Secretary in the Federal Ministry of Finance, and top executives from BMW, Mercedes, and AUDI. The purpose of the trip is to revitalize economic growth for the current year and further enhance it in the following year.
The government’s objectives include increasing the number of national “champions” to 40, the number of exportable small and medium-sized enterprises to 20,000, and reducing the profit deficit to zero. Additionally, there is a goal to raise the proportion of domestic Tier 1 and Tier 2 suppliers to 50%. The delegation aims to strengthen Hungarian-German economic relations and support domestic suppliers during their visit.
Hungary is keen on enhancing its economic performance and competitiveness in Germany’s crucial foreign market. Discussions during the visit will focus on German car manufacturers operating in Hungary’s automotive industry and electric vehicles. Hungary is advocating for a unified EU support program that could stimulate electric vehicle demand as outlined in its statement.
