Hungarian-owned vehicle rear view mirror maker Hirschler Glas inaugurated a HUF 413 million production hall at its base in Sopron (189 km west of Budapest) on Wednesday, state news agency MTI reported.
The company won a HUF 196 mln government grant for the investment.
The 1,000 square-meter production hall puts Hirschler in a better position to apply to supply Ficosa International and Dacia, said owner and managing director Judit Hirschler. Partnering with the companies could result in a 30% expansion at Hirschler Glas, while raising headcount by 50%, she added.
Hirschler Glas employs 85 people at present to make more than 4 mln mirrors a year. The company had revenues of HUF 660 mln last year, public records show.