Latest Developments of South Korean Manufacturing Companies in Hungary
South Korea has emerged as one of Hungary’s most influential industrial partners, driving major investment in EV batteries, tires, automotive components, and electronics. Companies like Samsung SDI and SK On are building Europe’s largest battery ecosystem, while Hankook and Kumho are expanding tire production to meet growing demand. Alongside industrial giants, food manufacturer CJ CheilJedang and others are diversifying Korea’s footprint across Hungary. Supported by government incentives and strategic cooperation, these projects have made Hungary a key European hub for Korean innovation and advanced manufacturing.
