ContiTech undergoes €5 mln expansion at base near Budapest
ContiTech Fluid Automotive, a unit of German automotive industry supplier Continental, will complete a €5 million investment at its base in Vác, near Budapest, this year, business daily Világgazdaság said on Monday.
The plant, which makes heating and cooling hoses, is expanding its product palette to include fuel lines,
the paper said. The unit could also expand at its base in Makó, it added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.