Le Belier invests HUF 8 bln
French car parts manufacturer Le Belier is planning to invest HUF 8 bln into the building of a new factory at its plant located in Ajka (western Hungary), the company announced late yesterday, at the signing of a strategic partnership with Hungarian Foreign Ministry.
State Secretary László Szabó said that the company’s suppliers include approximately 500 Hungarian SMEs. There are more than 400 French companies in Hungary, employing 52,000 people, Szabó added.
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.