Filtronic opens new manufacturing wing
Wednesday, October 19, 2005, 11:23
Filtronic Plc opened its new manufacturing wing in Székesfehérvár. The communication engineering company has invested ?2 million in the construction of the plant, Napi Gazdaság reported. Videoton Rt redesigned this wing of the plant used for the manufacture of television sets for Ft 150 million, which is now passed on to Filtronic. The British Filtronic manufactures wireless telecommunication devices and microwave systems used in the armaments industry. Filtronic has operations in Finland, US, China and Australia. The company established its Hungarian affiliate to launch its activity in Székesfehérvár. The subsidiary is called Filtronic Comtek Hungary Wireless Infrastructural Product Manufacturing and Servicing Kft and has equity of Ft 3 million. The Filtronic Hungary began its activity in September and employs over 50 people. Filtronic, the parent company, had a total turnover of some ₤240 million on a global scale in 2004.