The hottest issue 944 Hungary has become one of th

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[issue 944] Hungary has become one of the world's major auto industry countries

the Hungarian Minister of foreign affairs and foreign economy said at the auto industry conference held by the Hungarian Investment Promotion Agency (hipA): the government's upcoming economic protection action plan will promote the long-term economic growth plan at least 2% higher than the EU average level

siardo said: this measure will provide relatively moderate and large-scale or slightly contracted supplies of lithium, cobalt and magnetic materials in the upstream of new energy, further reduce taxes and reduce bureaucracy, simplify procedures, update vocational training and expand two-way training to support economic participants. He added that expanding the financial framework of suppliers will also promote the development of the automotive industry

at the meeting, the Minister stressed the importance of skilled labor and encouraged auto industry manufacturers to make suggestions for the educational model of the upcoming cooperation center between Audi and Giuseppe Cheney istevan University, which can arbitrarily adjust the folding span style. The automotive industry has played a key role in job creation and economic transformation since 2010, and has maintained its primary position in the transformation process in the era of high value-added technology

siardo said that the Hungarian automobile industry showed a strong momentum. The annual output value in 2010 was only 3600 billion forints, compared with 8500 billion forints last year. In the first quarter of this year, it was close to 250 billion forints. He also added that in addition to domestic large automobile manufacturers, 15 of the world's 20 major suppliers and 3 of the five Far Eastern giant companies related to electric vehicles have appeared in Hungary. Speaking of the latter, he said that electric vehicles are an important development opportunity for the Hungarian automotive industry. He urged the development of autonomous driving technology and digital infrastructure, which will surpass the expansion of the European Union's digital process

ashko Robert, director of the Hungarian Investment Promotion Agency, saw the importance of the Hungarian automotive industry, which provides the most connectivity opportunities for the international value chain among all industries. Therefore, the Investment Promotion Bureau conducted a survey of companies operating in Hungary to help understand the manufacturer's strategy and plan. He added that these data can help decision makers customize support and incentives according to the needs of stakeholders

according to the data provided at the meeting, most stakeholders (nearly two-thirds) regard robotics as the most important challenge to carry out business in Hungary in the next few years, of which 82% plan to carry out manufacturing related development in the next two years and 63% logistics development. At the same time, most manufacturers are facing labor shortages. 61% of enterprises say it is difficult to recruit skilled labor, and nearly 40% of them plan to increase employees in the next 12 months. The survey shows that about one in five manufacturers hope to hire more than 100 workers. The survey was conducted in April and may 2019 based on the feedback of 49 companies, including questionnaires and interviews

The foreign minister also said at the meeting that Hungary does not support the unreasonable restrictions on the competitiveness of the automotive industry through environmental protection mentioned by Brussels. He stressed that environmental protection should be considered at the EU level according to competitiveness. We need to find a long-term balance between the two, rather than forcing the European automotive industry, which now has many customers who come to our factory and ask millions of people to work, to be at a disadvantage with meaningless investment and forced development. He said that these measures will also affect the automotive industry in Hungary, competition, Zhang Yaping, vice president of the Chinese Academy of Sciences, and employment. Therefore, the government only supports proportional and well considered measures in this regard

(compiled by Ma Ying)

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