Automotive industry supplier I. G. Gasket International is building an HUF 810m plant in Rajka, near Hungary’s borders with Austria and Slovakia.
The company won a HUF 213m grant from the New Szechenyi Plan for the project. I. G. Gasket International will hire 60 new workers as a result of the investment.
The company’s Italian parent is a member of rubber manufacturing group IG Holding.
MTI learnt I. G. Gasket International started building a 3,300sqm production hall on a 6.5 hectare plot last December. Construction is expected to last until March, after which the factory will be outfitted with equipment.