Koreaʼs Bumchun picks Hungary for first foreign plant

  • South Koreaʼs Bumchun Precision revealed Wednesday it will build a HUF 13.3 billion plant supplying parts for electric cars in Salgótarján in northern Hungary.
  • The Hungarian government will provide HUF 2.65 bln for the construction of the plant.
  • Szijjártó welcomed the fact that on the 30th anniversary of the establishment of diplomatic relations between Hungary and South Korea, bilateral trade flow between the two countries increased by 41% during the first four months of this year.

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