Mihály Varga inaugurated the gluten-free pasta production plant of Civita Group Zrt., a family business

By: Trademagazin Date: 2023. 03. 17. 11:03

The Hungarian economy is built on persistent, committed families and strong businesses, the Minister of Finance said on Friday in Monostorpályi, Hajdú-Bihar County, where he inaugurated the family-run Civita Group Zrt.’s gluten-free pasta producer and edible plates and glasses plant.

Mihály Varga said that despite the challenges of recent years – the coronavirus epidemic, the Russian-Ukrainian war, the failed sanctions – the Hungarian economy has proven to be crisis-proof, the economy’s performance has increased from 150-160 billion dollars in 2010 to 216 billion. He added that the economy grew by 4.6 percent last year, will avoid recession this year, and may grow again at a rate of around 4 percent next year.

The government also supports businesses in protecting against threats and preparing for new challenges – he emphasized, adding that the government has set the goal of creating more new jobs, improving balance indicators and reducing energy dependence.