Autoliv has plans to build a 15,000sqm seatbelt plant in Sopronkövesd by 2018, and the expansion is projected to create 700 jobs. The unit currently operates out of a 19,000 sqm plant. The company is committed to boosting its share of local suppliers from 5% to 20% for feedstock and from 30% to 50% for machinery, according to Foreign Minister Péter Szijjártó.