Production at the Alpine Electronics base in Biatorbágy, near Budapest, is continuing, said Attila Cserpes. The unit is even taking over some functions from the parent company, he added.
Alpine Electronics’ Hungarian unit had revenue of €220 million in 2010 Cserepes said. The plant in Biatorbágy employs about a thousand people.
Alpine Electronics makes car stereos and navigation systems. Among its business partners are BMW, Daimler, Honda and Volvo.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
