Szijjártó: Hungary is the main investment destination for Chinese companies in Central Europe

Chinese companies like Hungary
According to a statement of the Ministry of Foreign Affairs and Trade, the head of the ministry took part in the handover of the production hall of the S.E.G.A. Hungary Kft. automotive company Szirmabesenyő, where a new research and development project was also announced. The Chinese-owned company will set up its largest plant in Europe in Miskolc, where it will produce state-of-the-art starter motors and generators. The state will provide 1.3 billion HUF in support for the 4.5 billion HUF investment program, which will hire 40 new engineers, in addition to retaining its current 1,426 employees. (MTI)
Related news
Choking hazard pacifiers and toxic raincoats: EU investigates flood of Temu and Shein products
Pacifiers that can cause choking, sunglasses without UV filters, cosmetics…
Read more >Several French cognac brands have been granted duty-free status in China, but not everyone is happy
China imposed an anti-dumping duty of up to 34.9 percent…
Read more >China imposes anti-dumping measures on wine spirits imported from the EU
China’s Ministry of Commerce announced anti-dumping measures on wine spirits…
Read more >Related news
K&H: the momentum of the service sector somewhat offsets the stagnation of industry
“The GKI’s newly published business climate index has decreased by…
Read more >Smart Summer Eating: What to Eat in a Heatwave
Summer is the season of leisure, holidays, and outdoor fun—but…
Read more >ESET: Cybercriminals use psychological manipulation to trap users in order to obtain data
Cybercriminals use social engineering to trick users into giving them…
Read more >