The must-have newsletter about Hungary

Related Articles

BUMCHUN PRECISION TO BUILD EUR 40 M PLANT IN HUNGARY

 

South-Korea-based Bumchun Precision said it would build a 13.3 billion forint (EUR 40m) plant supplying parts for electric cars in Salgótarján, in northern Hungary. The Hungarian government is providing 2.65 billion forints for the construction of the plant which will create 200 jobs, Péter Szijjártó, the minister of foreign affairs and trade, told a press conference in Budapest. The plant will be Bumchun Precision’ first foreign plant, Szijjártó said.