Magyarmet Finomöntöde completes HUF 208 mln investment
Metal casting company Magyarmet Finomöntöde has announced the completion of a HUF 208 mln technology and capacity expansion at its base in Bicske, west of Budapest, according to Hungarian news agency MTI.
The company won a HUF 104 mln European Union and state grant for the investment, which created 25 new jobs and preserved a further 178. Magyarmet Finomöntöde had net revenue of HUF 2.8 bln in 2013.
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