# WCP invests 99.9 billion KRW in Hungarian subsidiary for plant expansion

WCP announced a 99.9 billion KRW investment in its Hungarian subsidiary W-SCOPE HUNGARY PLANT Kft. for expansion of the Hungary plant. After the investment, its shareholding ratio will be 100%.

- Type: Investment
- Announced: 2024-02-05
- Where: Hungary, Hungary
- Value: $75.0M (99.9B KRW)
- Status: announced
- Products: membranes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [WCP](https://endata.com/companies/71761.md)
- [W-SCOPE HUNGARY PLANT Kft.](https://endata.com/companies/75446.md) (partner)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2024020517490232336), 2024-02-05: "WCP announced on the 5th that it will invest 99.9 billion KRW in its membrane manufacturing and sales subsidiary, W-SCOPE HUNGARY PLANT Kft."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.