BUDAPEST: Hungarian electronics manufacturer Kontakt-Elektro today inaugurated a HUF 200 mln production hall at its base in Pécs, southwestern Hungary, national news agency MTI reported.
The project for the brownfield investment was supported with a HUF 60 mln European Union grant, managing director Ferenc Hirth said, adding that headcount is expected to rise by 12 to 52 as a result of the investment.
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