Japan's Toray Industries to invest EUR 390 million in Hungary

Portfolio
Japan’s Toray Industries, a global supplier of battery separator film (BSF) for lithium-ion secondary batteries, is to build a manufacturing plant in Nyergesújfaul, Hungary with an investment of 127 billion forints (EUR 390 mn), Minister of Foreign Affairs and Trade Péter Szijjártó announced on Friday.
The project is creating 188 new jobs, most of which will require higher education qualification in engineering therefore the cabinet is supporting the investment with a cash grant of HUF 4.7 billion, added the minister.

Szijjártó stressed that Japan is Hungary’s most significant trading partner in Asia. There are 160 Japanese companies operating in Hungary, employing 34,000 people. They have invested a total of HUF 800 billion in the country so far. The cabinet has inked strategic agreements with six Japanese companies so far, he added.
 

More in Business

February 27, 2026 10:22

Freight traffic begins on the Budapest–Belgrade railway line

Testing the tracks

elektromos autó töltés töltőpont plug
February 18, 2026 13:35

Sad truth about plug-in hybrids revealed: shocking figures uncovered in a study

There are significant differences between everyday use and factory values

gazdag vagyon arany kincs láda érem-arany-befektetés-befektető-érme-gazdagság-kincs-megtakarítás-pénz-tőke-vagyon
February 16, 2026 11:42

Erste, Shell respond to Hungarian PM's acerbic remarks

Campaign speech raises brows

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search