Csaba Metal investing HUF 923m at plants in E Hungary

Telco

Aluminum die-casting company Csaba Metal has begun a HUF 923.21m investment to purchase new machinery and IT equipment at its plants in Bekescsaba and Szeghalom (both E Hungary), the company told MTI on Thursday.

The 100% Hungarian-owned company received HUF 187.44m in support through the New Szechenyi Plan for the investment, which it expects to complete by the end of this year.

Csaba Metal, which employs 467 workers, generated revenue of HUF 4.7bn in 2010.

ADVERTISEMENT

Bourse Turnover Reaches HUF 181 bln in November Figures

Bourse Turnover Reaches HUF 181 bln in November

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

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.