BUDAPEST, Jan. 3 (Xinhua) -- Last year was the most successful year of all times in terms of foreign investment promotion, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto told journalists here on Thursday.
"Never have we seen so many high-value foreign investments in Hungary," Szijjarto said, adding that in total, 98 major investments were made in Hungary through the investment promotion scheme, which amounted to a total of 1,380 billion forints (4.86 billion U.S.dollars).
He underlined: "The Hungarian government provided 135 billion forints (480 million U.S.dollars) in non-refundable cash support for these investments."
Within the framework of the investments, 17,024 new jobs were created in the country, with an average wage of 425,700 forints (1,498 U.S.dollars), which is 40 percent higher than the average wage of 2017, according to Szijjarto.
Most of the investments came from Germany to Hungary, 28 out of 98 major investments were made by German companies in the value of 620 billion forints (2.18 billion U.S.dollars).
"Most of the investments came in the automotive industry, 36 out of the 98 major investments were made in this sector, which resulted in an investment of 851 billion forints (3 billion U.S.dollars) for the automotive industry," Szijjarto said.
In the second place, the business services sector and the electronics sector followed, according to him.
