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The market-leading company in the field of intelligent sensor production will create 266 new jobs with a greenfield investment of EUR 25 million.
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Hungarian Investment Promotion Agency
TDK could create 250 jobs with a 26 billion forint (EUR 67m) investment in Szombathely, western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said at the inauguration of a building at the Japanese-owned company’s base in the city.
Márton Nagy, the national economy minister, is heading a delegation on a visit to Germany, where he met Hubert Aiwanger, the deputy prime minister of the federal state of Bavaria, and Eric Beisswenger, the federal state’s minister for European and international affairs, the ministry said in a statement.
The OECD forecasts Hungary’s GDP will climb by 2.1% this year and its growth accelerating to 2.8% in 2025, according to its biannual Economic Outlook published.
Currently there are some 6,000 billion forints (EUR 15.2bn) worth of Chinese investment projects under way in Hungary, creating 25,000 jobs, the foreign ministry quoted Péter Szijjártó, the minister of foreign affairs and trade, as saying in Beijing.
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