BECOM Electronics Hungary completes HUF 480m production hall
Austrian-owned BECOM Electronics Hungary on Friday inaugurated a HUF 480m production hall at its base in the Tatabánya-Környe Industrial Park (NW Hungary).
BECOM Electronics Hungary won a HUF 144m European Union grant for the project.
BECOM Electronics Hungary will make digital electricity meters in the production hall, hiring 20 people to work there, said managing director Johann Bock. The company plans a further HUF 820m of technology upgrades and sees headcount rising from 97 to 250, he added.
BECOM Electronics Hungary expects to close this year with revenue of almost €7m, about 40% over last year’s HUF 1bn.
The company’s business partners include Panasonic, Siemens and GE-Medical.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.