Harman plans HUF 3.5 bln expansion in Hungary
U.S.-based audio equipment producer Harman will expand its Hungarian unit in Pécs (southwestern Hungary) within the framework of a HUF 3.5 bln project, Hungary’s foreign ministry reported today.
The investment is expected to create 420 jobs, raising headcount at the company’s Hungarian unit to over 2,000. The company will receive a HUF 750 mln state subsidy for the investment, foreign minister Péter Szijjártó said.
Harman supplies audio systems to carmakers such as Audi, BMW, Daimler, Porsche and Land Rover.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
