The East of the West

Strategic Partnership between Suzuki and Hungarian Government

On 21 November Hungary signed an agreement with Japanese car manufacturer Suzuki.

The document of “strategic partnership” was signed by Hungarian Prime Minister Viktor Orbán and Hungarian Suzuki Ltd. Chief Executive Officer Hisashi Takeuchi.

In his speech Viktor Orbán praised the free trade agreement between the European Union and Japan, he remembered the time when the Hungarian Suzuki plant was started and added Japanese investors might come to Hungary in the near future.

It was announced as well, that Esztergom, location of Suzuki plant, is going to get a highway connection to M1 motorway.

Hisashi Takeuchi and Viktor Orbán signing the agreementHisashi Takeuchi and Viktor Orbán signing the agreement

Hisashi Takeuchi expressed his hope to contribute Hungary’s economic growth and informed about a EUR 200 million investment to launch a new model.

Viktor Orbán has stated more times that the Hungarian government supports all the big multinational companies whose aim is not to make fast and easy profit but those ones who are planning to invest and stay in Hungary for a longer period, mainly manufacturers.

The Hungarian government has made similar agreements with four other multinational companies, namely with Coca-Cola, pharmaceutical firm Gedeon Richter, aluminium company Alcoa-Kofem and German car manufacturer Daimler.

The event at he Hungarian government website