Hungary's Defense Industry Boosted by Rheinmetall's Major Investment
The Hungarian economy is poised for significant growth with the introduction of the Rheinmetall defense industry project in Zalaegerszeg. This initiative, supported by 560 million Hungarian forints from the government, will establish a new development center focused on military vehicle development and testing. This project aligns with the Zrínyi 2026 program, which aims to modernize the Hungarian Defense Forces and enhance national security.
The collaboration between Hungary and Germany is set to create around eighty high-skilled jobs and strengthen Hungary's position in the European defense industry. Szijjártó Péter, the Hungarian Foreign Minister, highlighted the importance of this partnership, emphasizing self-reliance and national sovereignty, especially in the context of regional security concerns.
The investment by Rheinmetall, valued at approximately 3.7 billion forints, is a testament to the robust economic cooperation between the two nations and reflects Hungary’s strategic focus on bolstering its domestic production capabilities. This development not only promises economic benefits but also reinforces Hungary’s commitment to modernizing its military infrastructure, ensuring long-term security and stability in the region.
The press radar on this topic:
Rheinmetall: a hazai védelmi ipar újabb nagy lépései közelednek
Hungarian-German success story: tens of thousands of jobs and a new industrial center are born
Szijjárto: Das Rheinmetall-Entwicklungs- und Prüfzentrum wird in Zalaegerszeg gebaut
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