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HUF 180 mln development to be made at Győr transformer component plant

General Vagyonkezelő Kft, which makes transformer components, will build a new 1,000sqm production unit in Győr (NW Hungary) at a cost of around HUF 180 million, the regional daily Kisalföld said on Thursday.

Of the investment costs, HUF 70 million will be covered from European Union funding, the paper said. The development will create twenty new jobs.