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Korean-Canadian Joint Venture to Set Up Its First European Plant Here

The joint venture between South Korea's LG and Canada's Magna will set up its first joint European factory in Miskolc (northeastern Hungary).

Komám esztergomSouth koreaUnited statesResearch developmentAmperex technology coForeign affairsLg electronicsNorth americaSouth americaLeve powerContemporary amperex technology

Motorway Linking Hungary and Romania to Be Completed in 2026

According to the cabinet's plans, with the help of the Romanian government, a highway will connect Nyíregyháza and Satu Mare by the end of 2026.

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Debrecen s Economic Zones Are Being Developed at Full Speed

About half of the more than HUF 112 billion (EUR 290 million) in government support will be spent on economic zones in Debrecen.

National taxDebrecen logistics centerCustoms administrationLeve powerSouthern economic zoneNorth western economic zoneSouthern economicSouthern economic beltNorth west economic zone

Biggest Investment of the Year So Far Coming to Nyíregyháza

Chinese company Sunwoda, one of the world's largest battery manufacturers, will build its first European plant in Nyíregyháza, eastern Hungary.

Foreign affairsChina contemporary amperex technology coVolkswagen groupContemporary amperex technologyLeve power

No stopping: One of the world s largest battery manufacturers is coming to Hungary

Sunwoda of China is preparing for the European market and plans to build a battery factory in Hungary. The battery giant is one of the ten.

Chinese eve powerLeve power

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