Szijjarto: Hundreds of millions of euros to flow into Hungary from S Korea

Hundreds of millions of euros are expected to flow into Hungary in investments from South Korea this year, Foreign Minister Peter Szijjarto told MTI in Seoul on Monday. Several South Korean battery manufacturers have decided to set up plants in Hungary, Szijjarto said during an official visit. These companies "appreciate Hungarian [business] environment, political stability and Hungarians' commitment, expertise and diligence, as well as ... the lowest corporate tax in Europe," Szijjarto said.