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Minister discusses battery recycling with SungEel HiTech execs

National Economy Minister Marton Nagy met executives of South Korea's SungEel HiTech, a leader in lithium-ion battery recycling, at his office in Budapest on Thursday.

Nagy discussed battery recycling, the situation of the EV battery industry and the green transition with Soo Chul Park, the managing director of SungEel HiTech Europe and SungEel HiTech Hungary, and Dong Wook Chu, the director of SungEel Hitech Hungary. They were joined by Geun Ki Mun, a deputy director at South Korea’s Ministry of Economy and Finance.

SungEel HiTech has nine plants around the world. It has two bases in Hungary where it employs over 200 people.

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