Salgglas spends HUF 1 bln on new technology

Telco

Hungary’s largest industrial glass manufacturer Salgglas, a supplier of the vehicle-manufacturing industry, is spending HUF 1 bln on developing a new technology that will enable it to offer new glass products to its customers, Hungarian news agency MTI reports.

Located in Salgótarján, northern Hungary, Salgglas supplies automotive suppliers and car manufacturers including Porsche, Bentley, Audi and Mercedes. Salgglas won a HUF 489.5 mln grant from the European Union and also received national funding for its project.

The company’s revenue reached HUF 6 bln in 2013.

ADVERTISEMENT

Polish companies confirm better access to financing in 2021 Analysis

Polish companies confirm better access to financing in 2021

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New partner announced at act Bán & Karika Attorneys at Law Appointments

New partner announced at act Bán & Karika Attorneys at Law

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.