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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
The number of Hungarian companies receiving venture and private equity financing fell by 38% in 2023 compared to 2022, as the total value of investments dropped by 58%, according to a report prepared by the Hungarian Venture Capital and Private Equity Association in collaboration with Ernst & Young.
The European Commission on Tuesday said it found that Hungary’s plans to grant 43.8 million euros in state aid for a vehicle parts plant in the underdeveloped north of the country were not in line with European Union rules on state aid.
Hungary and Azerbaijan have signed a “historic agreement” under which Hungary “will buy a stake in one of the world’s largest natural gas fields,” the minister of foreign affairs and trade said in Baku.
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.
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