The record amount was supported by EUR 766 million, or HUF 270 bln, in government subsidies, Szijjártó said. He noted that South Korea's SK Innovation set a new record for a greenfield investment in the country with a decision to build a HUF 680 bln electric vehicle battery plant in Iváncsa (50 km south of Budapest).
Another South Korean company, EcoPro, was responsible for the second-biggest investment, and Turkey's Sisecam the third, he said. EcoPro will build a HUF 264 bln cathode plant in Debrecen (225 km east of Budapest) with capacity to outfit 1.35 million EVs a year. Sisecam will construct a HUF 73 bln glass packaging plant in Kaposvár (185 km southwest of Budapest).
Decisions on investments over EUR 100 mln were also taken by U.S.-based Becton Dickinson, Denmark's Lego, Germany's Bosch and Vitesco, and Hungarian-owned Pick, Szijjártó said.
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