German-Hungarian joint venture Weiss Hungaria plans to build a €3 million injection molding plant in the Győr Industrial Park, managing director Jurgen B Weiss said at a press conference on Tuesday.
Weiss Hungaria has already purchased a 10,000 square meters plot at the park, Weiss said. This year, the JV, which operates from a rented facility, targets revenue of €3 million. Next year it expects revenue to rise over €1 billion, Weiss said.
Weiss Hungaria, owned by Germany’s Weiss Kunststoffverabeitung (60%) and Hungary’s CBSZ (40%), supplies the automotive industry and the heating technology industry. German car maker Audi has a big plant in Győr (Northwest-Hungary). (MTI-Econews)