Inzi Controls to invest HUF 14.8 bn in N Hungary

South Korea's Inzi Controls is investing 14.8 billion forints (EUR 45.8m) in building a battery plant for electric vehicles in Komarom, in northern Hungary, the foreign affairs and trade minister told a press conference in Budapest on Monday. The investment, Inzi Control's first in Europe, is funded with a 1.6 billion forint government grant, Peter Szijjarto said. The plant will create 122 jobs, he said.