The Government is planning to spend a total 300 billion forints (EUR 1bn) on developing Hungary's food industry in the next few years, Prime Minister Viktor Orbán announced on Wednesday, speaking at the opening ceremony of a plant for Stühmer. He stated that government support would help create new jobs outside Budapest.
The Prime Minister pointed out that the output of small and medium-size enterprises needed to be multiplied to ensure the stability of the national economy. Meeting that goal requires efforts to make taxation more flexible and more entrepreneur-friendly. Tax rules should not pose an unbearable burden for businesses, he added. Prime Minister Orbán repeated his commitment to creating Europe's most competitive business environment in Hungary.
Talking about why he accepted the invitation to the opening ceremony, he highlighted the importance of SMEs, which provide jobs for 75% of the Hungarians working. He pointed out that the country is preforming better, and it can join its peers with the help of companies such as Stühmer.
(Prime Minister's Office)
