Around HUF 4.3 bln is being invested in new production lines, Petrényi said. Headcount rose by 150 to 600 last year and is set to increase by 60 this year, he added.

Schneider Electric employs over 2,200 people in Hungary, at four production units, a regional logistics base and its shared services centers, country director Zsolt Veres said. The company's turnover in Hungary was close to EUR 1 bln last year, he added.