Schafer-Oesterle to build HUF 500 mln hall at base


German car interior manufacturer Schafer-Oesterle yesterday signed a contract on the construction of a HUF 500 mln production hall at its base in Bonyhád, southwestern Hungary, national news agency MTI reported. 

Under the agreement, which was signed by Schafer-Oesterle managing directors Christian Kohorst and Volker Hermann, Bonyhád mayor Ibolya Ferencz Filó and managing director of the local industrial park Rajmund Futár, the German company is committed to increase headcount by 150 to 300 next year, following the completion of the 4,000 sqm production hall.

The companyʼs local unit expects revenue to rise to €8 mln this year from €2 mln in 2014, while turnover is set to reach €16 mln by 2019, Kohorst said. MTI noted that Schafer-Oesterle already has one 4,000 sqm production hall in the Bonyhád industrial park, built for HUF 947 mln last year.


Hungary Completes 2022 Census Figures

Hungary Completes 2022 Census

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

4iG Books Loss on Acquisition-related Costs Deals

4iG Books Loss on Acquisition-related Costs

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season


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.