Zoltek, government sign agreement

Automotive

Japanese firm Zoltek signed a strategic cooperation agreement with the Hungarian government today on plans to expand capacity and raise headcount by 100, Hungarian news agency MTI reported.

Zoltek's plant in Nyergesújfalu in northern Hungary is the largest carbon fiber factory in the world. Talks are under way to make 200-300 more new hires in the next 2-3 years, Hungary’s Foreign Minister Péter Szijjártó said.

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