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FM: Japanese companies in HUF 6.5 bn of Hungary investments

January 12th, 2021

Three Japanese automotive suppliers are making investments worth 6.5 billion forints (EUR 18.0m) in Hungary, with Hungarian government support of 2 billion forints, Peter Szijjarto, the minister of foreign affairs and trade, said on Tuesday. Fully 5,300 jobs will be protected as a result, the minister said, adding that the developments will help Hungary maintain its leading edge in Europe's car industry.


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