Siemens lays cornerstone of HUF 10 bln turbine blade plant
German engineering giant Siemens laid the cornerstone of a HUF 10 billion turbine blade plant it is building at the manufacturing base of Siemens Power and Gas in Budapest on Tuesday, according to state news wire MTI.
Siemens said the plant will turn out the new products from 2019. The company will build a 10,000 square-meter production hall and add 2,500 sqm to an existing one.
The expansion will create 150 qualified jobs. Dale A. Martin, chairman-CEO of Siemens Hungary, said that 59 of the employees are being trained in Berlin for the new job.
The event was also attended by Minister of Foreign Affairs and Trade Péter Szijjártó.
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.