Huashuo Technology Hungary Phase II Factory Handover Ceremony Held, Hungarian Foreign Minister: Chinese Investment Helps Rapid Development of Hungarian Automotive Industry.

Hungarian Minister of Foreign Affairs and Foreign Economic Relations Szijjrt said at the handover ceremony of the second phase of the Huawei Technologies Hungary factory in Miskolc, a city in northeastern Hungary, on March 27, that Hungary provides the "best conditions in Europe" for cooperation between East and West businesses and has become one of the preferred destinations for Chinese investments in Europe. It was introduced that the project investment of Huawei Technologies in Miskolc amounts to 800 million forints, producing about 2 million car parts annually, all made from recycled aluminum, creating over 1,000 job opportunities.