Itron inaugurates HUF 2 bln facility
Itron Holding Hungary, the local unit of U.S. technology service company Itron, inaugurated a HUF 2 billion center of excellence facility on Wednesday, state news wire MTI reported.
The company received a HUF 412 million government grant for the project, Minister of Foreign Affairs and Trade Péter Szijjártó said at the inauguration event in Budapest.
The investment will create 100 jobs for highly qualified workers at the R&D center in Budapest.
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.