Friday, Jan 15, 2016. 12:31

Lego to double size of Hungarian plant, raise headcount

mti: Tibor Illyes

Danish toymaker Lego announced today that it will invest HUF 30 billion at its Hungarian plant in Nyíregyháza, to more than double the size of the factory, Hungarian news agency MTI reported.

Foreign Minister Péter Szijjártó speaking at a press conference today. (Photo: MTI/Tibor Illyés)

Hungary’s foreign minister Péter Szijjártó said the investment is being supported with a grant of HUF 4.4 billion from the Hungarian government. Jesper Hassellund Mikkelsen, the companyʼs plant manager in Nyíregyháza, said headcount at the plant is likely to rise by 1,600 as a result of the investment.

The plant will also increase from 120,000 sqm to 250,000 sqm, more than 700 machines will be installed, and packaging capacity will also be expanded, MTI reported.

Mikkelsen said the company believes in the Hungary and that Nyíregyháza is a good city for such expansion and development, as European markets are near, the workforce needs of the company are being met and the authorities are helpful, according to MTI.

Sustainability

The Hungarian Forestry Firm Working to Restore Soil, Spread Carbon Credits

Music

Dániel Franczia, Veszprém’s Master of the Egyptian ‘Goblet Drum’

Deals

Hungary to Acquire Controlling Stake in GySEV

Construction

Hungary’s Construction Activity Falls in July

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 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.