Grana inaugurates HUF 500 mln injection moulding hall

Industrial

Grana inaugurated a HUF 500 mln injection moulding hall at its base in Győr on Friday. Grana won a HUF 240 mln state grant for the investment, which will boost capacity by 30%. Headcount rose by 30 to 110 as a result of the expansion. 

The 650 sqm hall is part of a HUF 1.2 bln investment project, launched three years ago, that has expanded the base from 3,000 sqm to 4,500 sqm. Grana managing director Péter Nagy said the company delivers mirror holders, clutch pedals and door handles to European carmakers, such as Volkswagen and Daimler.

Grana makes some 500 different parts, turning out 16 million units a year. Granaʼs annual turnover has been around net HUF 2 bln for the past two years.

ADVERTISEMENT

GKI raises 2022 GDP growth forecast  Analysis

GKI raises 2022 GDP growth forecast 

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest City Council to take out HUF 32 bln development loa... City

Budapest City Council to take out HUF 32 bln development loa...

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.