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The first non-Chinese factory in Hungary will be established by Shanghai-based Semcorp, a Shanghai-based company with a leading position in the world market for the production of separating films for electric car batteries; the value of the investment is HUF 65.5 billion – the results of their two-year negotiations were announced by Foreign and Trade Minister Péter Szijjártó on Tuesday in a video uploaded to Facebook.
The minister, who has been in quarantine for 8 days due to the coronavirus infection, explained, among other things, that the new separating film factory will be built in Debrecen, the investment will create 440 new jobs, so the government It will provide HUF 13 billion in non-refundable cash for development.
The factory will start operating in a huge area of 19 hectares. An area of 100,000 square meters will be established in this area of 19 hectares,
where, for the first time outside of China, Semcorp will manufacture the separator sheets for electric car batteries in Hungary
– He said.
He also emphasized that of course there was also a lot of competition for this investment. “We had to compete with three other European countries for this investment to finally come here, for this investment to finally choose Hungary and finally bring Hungarians new job opportunities,” he explained.
Péter Szijjártó also spoke about the need to protect people’s work in the midst of the current pandemic, as this epidemic presents not only health but also economic challenges, and a completely new global economic era is just beginning, dividing not only companies but also countries in winners and losers.
Semcorp’s new plant in Debrecen will serve the needs of the European market, as the automotive industry will undergo a significant transformation in the next period, and the focus will increasingly shift from conventional propulsion to electric propulsion, he recalled.
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