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PALKOVICS: STABLE HUNGARY-GERMANY TIES KEY TO INDUSTRY DEVELOPMENT

 

Stable ties between Hungary and Germany are key to the development of Hungarian industry, László Palkovics, the technology and industry minister, said in Stuttgart at a memorial dinner in honour of Hungarian-born economist Péter Horváth, a professor emeritus of the Stuttgart University, who passed away in June. Palkovics, who also co-chairs the Hungary-Baden-Württemberg economic committee, said using development opportunities offered by strong ties in car manufacturing and research and development were especially important in the Hungarian economy. Successful company leadership is “unimaginable” today without the tools that Horváth was one of the first to introduce, he said. Leaders of Horváth AG, Robert Bosch GmbH, Henkel AG and Kärcher attended the event, as did the mayor of Stuttgart and representatives of German universities.