Thyssenkrupp To Set Up HUF 2.2 Billion Development Hub In Hungary

  • 22 Jan 2021 7:20 AM
  • Hungary Matters
Thyssenkrupp To Set Up HUF 2.2 Billion Development Hub In Hungary
Germany’s Thyssenkrupp will set up a 2.2 billion forint (EUR 6.2m) engineering development hub in Veszprém, in western Hungary, Péter Szijjártó, the minister of foreign affairs and trade, said.

The government is supporting the investment with a 770 million forint grant.

The investment will help Hungary maintain its leading role in the European automotive industry and remain a stronghold, he said.


MTI Photo: Noémi Bruzák

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