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Spanish company set for Szentgotthárd

Spanish metal processor Metasint-Fersint is to establish a new production hall in the industrial park of the Western Hungarian town of Szentgotthárd, daily Népszabadság reported. According to town mayor Tibor Viniczay, the international company is to spend Ft 2 bln on the development of the car-part production facility in the first 5 years of operation. The fist phase of the construction is expected to start this year, and production is to start next summer with the first 20 employees.