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National Instruments inaugurates HUF 500m production line in Hungary

National Instruments (NI), a US-based company that makes automated test equipment and virtual instrumentation software, has unveiled a new HUF 500 million production line at its plant in Debrecen, east Hungary. NI is also in the middle of setting up a European system engineer center in Budapest, which will open in a few weeks. Managing director László Ábrahám said the new line is the company's seventh in Hungary and will be followed by another in a similar investment this spring. NI Hungary Kft, the Hungarian unit which employs 1,100 staff in Debrecen, has seen production jump 15-20% in recent years and spends 18% of its revenue on research and development. The Debrecen plant exports to over 50 different countries. (BBJ)