Fletcher Building opts for Hungary
Taking advantage of beneficial government and local offers, New Zealand’s Fletcher Building is to construct its regional production facility and logistics center in Hungary instead of Slovenia - reports Hungarian daily Napi Gazdaság.
One of the world’s leading building component makers is to implement the construction of the plant and the 25,000 square meter storage node in the Várpalota industrial park for Ft 3 billion ($16 million). The preparatory phases of the greenfield investment are to start within 2007, with the actual construction works scheduled for next spring. Fletcher Building, having founded its Hungarian subsidiary in 2007 plans to serve all of its CEE partners from the Várpalota junction. (Napi Gazdaság)
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.