South Korea’s Doosan will spend 75 billion forints (EUR 204m) to more than double the capacity at its copper foil base in Tatabanya, in north-western Hungary, the minister of foreign affairs and trade announced on Friday.
The investment will boost annual capacity for copper foil for electric vehicle batteries at the base from 10,000 tonnes to 25,000 tonnes, Péter Szijjarto told a press conference in Budapest. The government is in talks with the European Commission on the scale of support it can offer Doosan for the investment which will create 200 jobs, he said.
hungarymatters.hu
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