Rheinmetall Inaugurates HUF 29 Bn Investment in Hungary

German defence industry company Rheinmetall inaugurated a HUF 29 billion vehicle parts plant in Szeged (SE Hungary) on Friday, the Hungarian Ministry of Foreign Affairs and Trade said in a statement. Hungarian taxpayers – through a government support – cover about 45% (or around HUF 13 billion) of the investment, which promises to create 300 jobs. According […]

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