The plant is expected to start operations in the third quarter of next year, said Koji Yanase, CEO of SIIX Europe GmbH, adding that the plant is expected to create 300 new jobs. 

The company will produce electronic parts for industrial machinery, automotive products and household machinery at the 16,800 square-meter plant, with a special focus on fulfilling the outsourcing and logistics needs of the companyʼs European partners, Hungarian news agency MTI reported.