ADVERTISEMENT

GE to bring further production to Hungary

Pharma

General Electric (GE) Energy Environmental Services will deploy the company’s industrial filter production capacities in Europe to Nagykanizsa, the daily Napi Gazdaság reports.

The new factory will be the European center for the sector, as confirmed by Imre Varga of the General Electric PR department. Through the move concentrating production, GE Energy wishes to enhance efficiency. At present Nagykanizsa hosts one of GE’s largest light source factories and logistics centers. The new factory is expected to employ 100 staff, said Varga, who did not reveal any other data concerning the volume of the investment. The company has already started to prepare the production and to select the future employees, mainly well-trained seamstresses (the company will produce fabric-based filters). GE Energy’s filters are used in various industrial appliances, primarily for reducing the emission of granular materials. (Napi Gazdaság)

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.