BUDAPEST, Oct. 19 (Xinhua) -- China's Nanjing Chervon Auto Precision Technology Co., Ltd will build a car parts plant in Miskolc, northeast Hungary, the country's Minister of Foreign Affairs and Trade Peter Szijjarto said here on Monday.
The investment is worth 17.5 billion Hungarian forints (56.5 million U.S. dollars). The Hungarian government supports the project with a 5.3-billion-forint grant, which will create 138 jobs, Szijjarto said at a press conference.
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