WING creates new production hall for GE

Recycling

Property developer WING reported the completion of its new 11,000sqm, HUF 4.5 bln production hall for General Electric at its East Gate Business Park in Fót, near Budapest.

GE now leases 17,500 sqms, and it created more than 100 new jobs at the industrial park, WING reported.

The eight-month-long construction of the unit was supported with EU funding of HUF 272 mln and financed by Unicredit Bank. GE is planning to make central control units for power plants at the site.

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