Mushashi Hungary to supply Audi, Jaguar, Honda from 2015
Musashi Hungary, the Hungarian manufacturing unit of Japan-based vehicle spare parts maker Musashi, will supply Audi, Jaguar and Honda models under three recently signed contracts, managing director András Nagy announced today.
The contracts are worth around €110 million combined and will run for up to ten years; each of the orders will begin in 2015 or 2016, Nagy stated.
Mushasi Hungary plans revenue of €41 million this year after reporting €40.5 million in revenue in 2013. However, revenue of The unit plans to raise revenue to minimum €50 million by 2016.
Musachi currently employs 200 workers at the Ercsi production facility.
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