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.