Triumph to sell Hungarian plant

Recycling

Multinational, family-owned underwear and lingerie manufacturer Triumph International is planning on selling its plant in Dunaújváros, central Hungary, the company told Hungarian news agency MTI.

The plant’s capacity would also be reduced by August, eliminating 170 of the 412 positions, the company said, adding that it would also shut down its plant in Onerwart, Austria, near the Hungarian border, by the end of 2015.

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