Germany’s thyssenkrupp will set up a 2.2 billion forint (EUR 6.2m) engineering development hub in Veszprém, in western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said.
The government is supporting the investment with a 770 million forint grant. The investment will help Hungary maintain its leading role in the European automotive industry and remain a stronghold, he said.
hungarymatters.hu
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