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Oct 11, 2019

Samsung SDI opening up 1,200 new jobs in Hungary

Samsung SDI has announced that it will carry out a HUF 390 billion (EUR 1.17m) expansion of its battery plant in Göd near Budapest, creating 1,200 new jobs.

Samsung SDI has announced that it will carry out a HUF 390 billion (EUR 1.17m) expansion of its battery plant in Göd near Budapest, creating 1,200 new jobs.

Péter Szijjártó, Minister of Foreign Affairs and Trade, said the state will provide non-refundable support for the project, though the amount cannot be revealed pending approval by the European Commission. The sum reflects the size and significance of the investment, he added.

The Minister added that thanks to the investment project, Hungary will secure its place as one of the top cities for European car production in the new era of car manufacturing.

Photo credit: vg.hu