Hungarian BYD plant prioritises hiring local workforce
The Chinese BYD will create thousands of jobs with its investment in Szeged, southern Hungary, and will focus on local workforce. To this end, it intends to establish effective cooperation with educational institutions in Szeged, the Shenzhen-based company pointed out.
Hungarian BYD plant prioritises hiring local workforce
The Economics of Geography

Hungarian BYD plant prioritises hiring local workforce

Photo: CFOTO/NurPhoto/AFP
Eurasia 30/09/2024 17:49

The Chinese BYD will create thousands of jobs with its investment in Szeged, southern Hungary, and will focus on local workforce. To this end, it intends to establish effective cooperation with educational institutions in Szeged, the Shenzhen-based company pointed out.

In a statement, the company’s deputy CEO for human resources (HR), Jerry Xun, was quoted as saying that BYD attaches a prominent role to Hungarian expertise and an innovative approach in its Hungarian activities, Hungary Today reported.

According to the press release, a BYD delegation responsible for vocational training and HR affairs visited Hungary recently and was received by Minister of Culture and Innovation Balázs Hankó and István Joó, CEO of the Hungarian Investment Promotion Agency (HIPA). Currently, there are three dealerships selling BYD brand cars in the country.

The delegation then held talks with local higher education and vocational training leaders in Szeged. A number of discussions have already been held with the University of Szeged, which will be an integral part of BYD’s operations, the statement underlined.

BYD, the world leader in the production of new energy vehicles, announced in 2023 that it will invest billions of euros to build its first European car plant in Szeged, which will be capable of producing 300,000 cars a year. Construction of the plant has already started, with preliminary information indicating that production could start in the second half of 2025.
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