Hungary's PM Orbán: The Guarantors Of Success Are Job Creation And Businesses

  • 13 Mar 2012 8:00 AM
Hungary's PM Orbán: The Guarantors Of Success Are Job Creation And Businesses
"At the handover ceremony for the new production hall at Linamar Corporation in Orosháza, Prime Minister Viktor Orbán said that support for businesses and job creation will be the guarantors of Hungary’s success. Linamar, which produces agricultural machinery and parts for the auto industry, has built a new production hall at a cost of HUF 6.9 bn and has thus provided 250 new jobs.

The Prime Minister said that for Hungary to be successful, doors must be opened for businesses, because only they can create secure long-term employment opportunities, even though the State has launched public employment programmes which provide public work opportunities for 206,000 people.

The Government will support those investment projects which result in the creation of new jobs, as in Hungary it is necessary for 5.5 million people to be engaged in regular, well-paid work – and to pay taxes – in order for the country to move forward on the path of success and sustained growth.

This can provide stability, and this is the only way to ensure a predictable and well-planned future. The Canadian Linamar Group first came to Hungary in 1992, and its recently completed project increases its previous production hall capacity of 11,000 square metres by another 5,000 square metres.

Modern social facilities and a renovated car park also form part of the project, which received HUF 1.5bn in EU funding. Linamar has also completed a major investment in plant and machinery connected to the new auto industry and general machinery production projects. It employs a total of 2,100 people, and is thus the largest industrial employer in the region.

This week also saw the opening ceremony at the Knorr-Bremse service vehicle factory in Kecskemét. That project, carried out with government support, provides more than 1,000 new jobs in Eastern Hungary.

(Ministry of Public Administration and Justice)"

Source: kormany.hu

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