news letterOur mobile application

Weekly newsletter

Bumchun Precision to Build EUR 40 Million Plant in Hungary

MTI-Hungary Today 2019.07.24.

South-Korea-based Bumchun Precision said Wednesday it would build a 13.3 billion forint (EUR 40m) plant supplying parts for electric cars in Salgótarján, in central Hungary.

The Hungarian government is providing 2.65 billion forints for the construction of the plant which will create 200 jobs, Péter Szijjártó, the minister of foreign affairs and trade, told a press conference in Budapest.

The plant will be Bumchun Precision’ first foreign plant, Szijjártó said.