Takata lays cornerstone of €68 million Miskolc plant

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Japan-based Takata held the ceremony to lay the cornerstone of a €68 million airbag/car safety systems plant in Miskolc yesterday. CEO Shigehisa Takada said Hungary was chosen as the site of the plant from several alternatives because of its developed infrastructure, strong industrial background, availability of skilled workers and good technical universities.

Also on hand, Prime Minister Viktor Orbán said the project was the biggest greenfield investment in Hungary since Germany-based automobile manufacturer Daimler completed a plant in Kecskemét two years ago.

Takata expects to employ 1,000 at the Miskolc facility.

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