Hungary continues to woo China as BYD opens up European centre, creating 2,000 new jobs in the region

Quick Summary:

Hungary Prime Minister Viktor Orban has encouraged Chinese companies to set up in his country with tax breaks and infrastructure projects.

Szijjarto hailed the investment as a "qualitative leap".

BYD CEO Wang Chuanfu called it "another step in the friendly cooperation between the two parties".

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Article Details

Author / Journalist: AFP

Category: EconomyBusiness

Markets: United StatesChinaHungary

Topics: Autos Electric vehicles LondonWires BYD

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 08:58:06 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 79 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28742707

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