Austrian welding robot producer Robotersysteme AG will start a Ft 400 million development program in its Győr plant and plans to move the company’s total production capacity to Hungary, managing director of igm Robotrendszerek Kft Béla Fenyősi said. In 2002, the new assembly centre in Győr, was opened in the industrial park. On approximately 1500 square meters, robot installations are completely assembled and put into operation. The Austrian company will double its production area in Győr industrial park. Half of the development will go for new technology, while the other half for new facilities, Fenyősi said. The net revenue of the Hungarian subsidiary is expected to reach Ft 4.5 billion this year and this sum may double in the coming years, Fenyősi said. igm exports worldwide systems for the truck industry, the production of excavators, railway construction, manufacture of boilers, and for shipbuilding, representing the basis of production for many well-known manufacturers. (Napi Gazdaság, igm-group.com)
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.