Harman plans HUF 3.5 bln expansion in Hungary
U.S.-based audio equipment producer Harman will expand its Hungarian unit in Pécs (southwestern Hungary) within the framework of a HUF 3.5 bln project, Hungary’s foreign ministry reported today.
The investment is expected to create 420 jobs, raising headcount at the company’s Hungarian unit to over 2,000. The company will receive a HUF 750 mln state subsidy for the investment, foreign minister Péter Szijjártó said.
Harman supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover.
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