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Szijjarto: New S Korea investments to create 300 jobs
December 12th, 2019
Investments by four South Korean companies in Hungary worth a combined 70 billion forints (EUR 211.6m) will create 300 new jobs, Foreign Minister Peter Szijjarto said after talks with his South Korean counterpart Kang Kyung-wha in Seoul on Thursday. The agreements on the investments were signed on Thursday. The total value of South Korean investments in Hungary is expected to reach a record 900 billion forints this year, with the bulk of the investments being made in the auto and health industries, the minister said. This will make South Korea Hungary's largest foreign investor in 2019, he added.
MTI