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Nissan to set up company in Budapest

Vehicle maker Nissan will set up a new company in Budapest to handle sales and distribution in the Central and Eastern European region, the company announced on Monday. The centre, to be called Nissan Sales Central and Eastern Europe Kft, will supervise sales and distribution in Hungary, the Czech Republic, Slovakia and later in Poland. Last year Nissan sold 15,903 vehicles in the CEE region. Leader of the centre will be Francois Goupil de Bouille. In June 2005, Nissan opened a euro 13 million parts distribution centre in Győr (North Western Hungary) together with Renault, which owns nearly 45% in Nissan. The facility supplies spare parts for Renault, Dacia and Nissan's Austrian, Hungarian, Czech, Slovakian and Slovenian networks.