Prec-Cast inaugurates HUF 2 bln production hall

Pharma

Prec-Cast Casting, a Hungarian unit of Germanyʼs Wolf Group, inaugurated a HUF 2 bln, 12,000 sqm production hall today in Sátoraljaújhely in northern Hungary, of which half of project costs were funded by a European Union grant, Hungarian news agency MTI reported.

Owner Wilhelm Rambold noted that the hall was part of a HUF 30 bln expansion at the base, and included a 5,600 sqm warehouse and office completed in 2013. The expansion will increase headcount by 300 from the current 1,030, he added.

According to the news agency, the company exports 90% of its products to automotive industry and electronics companies in Western Europe and in 2013 it reported revenue of more than HUF 14.4 bln.

ADVERTISEMENT

Job ads in hospitality, tourism sector grow drastically  Analysis

Job ads in hospitality, tourism sector grow drastically 

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.