• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
BorgWarner inaugurates engine plant in NW HungaryBorgWarner inaugurates engine plant in NW HungaryBorgWarner inaugurates engine plant in NW HungaryBorgWarner inaugurates engine plant in NW Hungary
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • PHOTO: New forint coin with truly unique motif coming today!

  • BREAKING: Slovakia reinstates border control at Hungarian border from tomorrow

Support us
Daily News Daily News · 28/07/2015
· Business

BorgWarner inaugurates engine plant in NW Hungary

Budapest, July 28 (MTI) – US automotive industry supplier BorgWarner on Tuesday inaugurated an 7 billion forint engine plant in Oroszlany, in north-western Hungary.

The plant, which initially employs 160 workers, has been moved from Szentlorinckata, in the east of the country, to Oroszlany, next door to the group’s turbocharger plant. It mainly produces engines and transfer cases used in all-wheel-drive systems of Jaguar and Land Rover vehicles. Clients also include Volvo and Volkswagen.

Managing director Bela Csonka said the investment was financed from internal funds. The plant has an area of 4,000sqms, but the potential exists for expansion.

The company plans to increase headcount by 100 over the next 4-5 years, he added.

Source: http://mtva.hu/hu/hungary-matters

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
industrial
Share

Hot news

  • Forint in shambles: 400 EUR/HUF may be on the cards

  • FM Szijjártó: Investors have unbroken trust in Hungary

  • Attention: Road closures in Budapest from today, Chain Bridge affected

  • Hungary and Moldova agree on this important matter

  • Depressing report: Hungary mortality rate second highest globally

  • PHOTO: New forint coin with truly unique motif coming today!

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US
  • Facebook
  • Twitter
  • Instagram

Must read

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.

Thank you!

You have successfully joined our subscriber list.

.

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
Forint in shambles: 400 EUR/HUF may be on the cards

Forint in shambles: 400 EUR/HUF may be on the cards

Read More
FM Szijjártó: Investors have unbroken trust in Hungary

FM Szijjártó: Investors have unbroken trust in Hungary

Read More
<strong> Attention: Road closures in Budapest from today, Chain Bridge affected </strong>

Attention: Road closures in Budapest from today, Chain Bridge affected

Read More
Hungary and Moldova agree on this important matter

Hungary and Moldova agree on this important matter

Read More
<strong> Depressing report: Hungary mortality rate second highest globally </strong>

Depressing report: Hungary mortality rate second highest globally

Read More
PHOTO: New forint coin with truly unique motif coming today!

PHOTO: New forint coin with truly unique motif coming today!

Read More
<b> Hungarian Dunaferr saved: European Commission clears acquisition by Liberty Steel </b>

Hungarian Dunaferr saved: European Commission clears acquisition by Liberty Steel

Read More
<strong> BREAKING: Slovakia reinstates border control at Hungarian border from tomorrow </strong>

BREAKING: Slovakia reinstates border control at Hungarian border from tomorrow

Read More
Hungary open to new double taxation avoidance treaty with US

Hungary open to new double taxation avoidance treaty with US

Read More
Continuous weakening: Forint cannot be saved by EU funds news

Continuous weakening: Forint cannot be saved by EU funds news

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?