Xanga inaugurates HUF 2.2bn production hall
MTI – The Hungarian Xanga Group, which develops industrial and service units, inaugurated a 2.2 billion forint production hall in Debrecen on Thursday.
FlexiForce, a Dutch company that makes parts for garage doors, will rent the 8,000sqm production hall, said Xanga chief executive Istvan Herdon. The investment will create 250 jobs from next year, he added.
Xanga won a 1.1 billion forint European Union grant for the investment, said National Development Minister Zsuzsanna Nemeth. She added that Hungary “has made its return to the investment map”.
“We are capable of the kind of achievement which tempts companies coming here,” she said.
Photo: MTI – Zsolt Czeglédi
Source: http://hungarymatters.hu/
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Minister: new Hungarian ammunition factory will be one of Europe’s most important
South Korea celebrates its National Day with special concert in Budapest
Hungarian State Railways announce total closure of Budapest-Vienna line
Minister in New York: the West should stop delivering arms for Ukraine
Market leader Porsche subsidiary introduces the euro in Hungary
Council of Europe will baulk Hungary to push back asylum seekers to Serbia?