Korea Third Most Important Non-European Investor In Hungary
- 29 Feb 2016 8:00 AM
Varga met with senior managers of Korean companies including Samsung Electronics and automotive supplier Woory Industries after the committee meeting. Varga said that Woory Industries is planning to bring a car parts manufacturing plant to Hungary.
Korean companies already operating businesses here include Samsung Electronics, Hankook Tire, Daewoo and LG, MTI reported. Samsung Electronics, the first Korean investor in the country, set up its plant to manufacture television sets with an investment of $50 million in 1989. The plant now employs 3,000 workers, MTI added.
Source: BBJ.hu
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