Tata selected as site for NHK Spring plant

Recycling

Japanese NHK Spring purchased eight hectares of land in the industrial park of Tata, northern Hungary, to establish a 10,000 sqm production hall which will provide employment for 100 people, the mayor of Tata József Michl said today.

The Japanese firm announced in March that it was planning to construct an automobile suspension plant in Hungary, with a capacity that would enable it to manufacture 3.5 million coil springs and 1.2 million stabilizers by 2020.

Although in March the firm set the expected production launch for December 2015, the mayor said the launch has been pushed to May 2016.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.