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Sanyo starts moving equipment into HUF 4.5 bln plant in Hungary

Japanese electronics giant Sanyo has started moving equipment into a HUF 4.5 billion solar cell plant it is building at its base in the Hungarian city of Dorog, Sanyo Hungary administrative director Csaba Horváth said.

Sanyo is boosting capacity at the base by 30% to 315MW with the construction of a third plant. The plant is to be completed by January 2011.

Sanyo Hungary will hire more than 200 people to man the first production line at the new plant by the end of September, said HR director Ákos Jagudits. The same number will be hired by December, he added.

Sanyo Hungary spent about HUF 800 million to outfit the 9,000-square-metre production hall and HUF 3.7 billion on technology. The investment was supported with a grant of almost HUF 900 million from the European Union and the state of Hungary.

Sanyo opened its first plant in Dorog in 1999. It made air conditioners, mobile telephones, batteries for power hand tools and rechargeable batteries. Sanyo moved the production of solar cells to Dorog in 2005. (MTI – Econews)