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Electrolux to invest more than €5 mln at Hungarian refrigerator plant

Swedish white goods giant Electrolux will invest €5.2 million in product development at its refrigerator plant in the Hungarian city of Nyíregyháza this year, János Takács, who heads Electrolux's holding company for Central and Eastern Europe, said.

Electrolux spent €85 million to open the plant -- its biggest refrigerator and freezer base in Europe -- five years earlier, and it has invested a further €13.3 million since.

The plant's 1,350 workers turn out 580 different models on three assembly lines. (MTI – Econews)