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Continental Announces HUF 18+ Billion R+D Investment in Hungary

• 27 Oct 2023 8:45 AM
• Hungary Matters

German-owned automotive company Continental has announced plans to invest 18.8 billion forints to expand its R+D activities in Hungary by the end of 2024.

The investment in three big projects will create 280 engineering jobs, state secretary Levente Magyar said.

Continental has ploughed close to 100 billion forints into its operations in Hungary since 2010, he added.

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