Schäfer-Oesterle opens HUF 130 mln production hall
The Hungarian subsidiary of Schäfer-Oesterle, a German producer of leather interiors for cars, inaugurated a 1,000 square-meter production hall in Bonyhád, southwest Hungary, on Wednesday through an investment of HUF 130 million, according to reports.
Schäfer-Oesterle expects the plant to boost production volume by 25%, while raising the headcount by 100 to 400, according to István Frei, the managing director of the companyʼs local unit.
Frei and Bonyhád Mayor Ibolya Ferencz Filó signed a cooperation agreement during the inauguration to build another 1,200 sqm production hall, according to Hungarian news agency MTI.
Schäfer-Oesterle manufactures products for car manufacturers including Audi, BMW, Lamborghini, Porsche, Rolls-Royce and Bentley.
ADVERTISEMENT
Investment Fund Net Subscription Reaches HUF 192 bln in Apr
Parl't Approves Amendments to Legislation on Judiciary
The Social Aspect of ESG is Now Inescapable
Tourism Nights Slightly up in April 2023
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
