Index - Economy - Hungary is the guest of honor at the largest business fair in the region

Over the past year and a half, we have been busy fighting the pandemic, which has learned many lessons, said Péter Szijjártó, Minister of Foreign Affairs and Trade, at the opening of the Hungarian pavilion at the 53rd International Fair of Crafts and Entrepreneurship in Celje, Slovenia. This year, Hungary is a partner country for the largest trade and business exhibition in the region.

We have never received such clear evidence of how dependent we are on each other. Slovenes and Hungarians have benefited greatly from bilateral cooperation in recent years. Today, there is a political relationship between the two countries that has removed virtually all obstacles to trade and economic development.

– MTI quotes the head of the ministry.

The fact that the foundations for further development are flawless is shown by the fact that in 2019, the last normal year before the pandemic, we had the highest trade turnover ever, worth 2 and a half billion euros.

Péter Szijjártó added. He added that all indications are that this year will be overturned, as we have already managed to increase trade turnover to 18 percent in the first half of the year. As he said, a special link between the two countries is that the largest companies in the Hungarian economy are playing an increasingly important role in the development of the Slovenian economy.

Thanks to the acquisitions, the OTP Group will become the largest player in the Slovenian banking market and Mol will become the second largest player in the Slovenian market. Péter Szijjártó emphasized that 26 Hungarian companies from the food, machinery and fashion industries, as well as the field of informatics will present themselves at the international fair this year.

In these areas, traditional Hungarian skills and creativity are at the forefront of the world for us. The Hungarian people’s love of sport and ability to innovate are manifested together in the developments that appear here

Said the Minister. He added that the political conditions are in place so that the financial conditions are also open, Eximbank has opened a credit line of 370 million for the cooperation of Hungarian and Slovenian companies.

Péter Szijjártó wished Hungarian companies a lot of success in achieving the goal of achieving 5.5 percent economic growth by the end of the year. The Minister especially thanked the Slovenian Minister of Economic Development and Technology Zdravko Pocivalsek for his commitment and for working to deepen relations between the two countries.

Due to the coronavirus epidemic, the 53rd International Fair of Crafts and Entrepreneurship in Celje, the largest trade and business event in the region, will be held in 2021 in Hungary. Hungary will present itself as a guest of honor at the fair held between 15 and 19 September. Those interested can get to know the Hungarian economic, cultural, tourist and gastronomic values, as well as the most successful and significant Hungarian companies looking for new business partners.

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