Minister Szijjártó said the center will be established as part of an investment of around HUF 100bn, adding that the government planned to provide HUF 20bn of support for the...
15 May 2025, Budapest
BYD’s construction of its first European plant in Szeged, in southern Hungary, is one of the most important investments in Hungary’s economic history.
The foreign minister hailed the project as “one of the most important investments in Hungary’s economic history by one of the world’s largest electric car makers”.
BYD’s new factory will be one of the most significant investments in the history of the Hungarian economy, creating thousands of new jobs
Hungary’s vehicle industry produced goods to a value of 7,874 billion HUF in 2016. Some 92.4 percent of this was for export and the sector employs 155,000 people