Multinational Company Expands in Hungary
October 17th, 2017
In addition to its existing plant in Hungary, a new factory will be available in the near future for the Belgian-owned Samsonite company. In Europe, there are three Samsonite plants: one in Belgium and now two in Hungary. The current development will have a beneficial effect on both the Hungarian and European economies.
The Belgian Samsonite N.V. purchased the Szekszárdi site of the Budapest-based Palace of Leather Goods Company in 1989. Now, next to the present factory in Szekszárd, a new assembly plant will be established. The 20 thousand square meter building will be fully controlled by software, and hot water will be supplied with solar energy. The company's total manufacturing activity will grow by 17 percent as a result of the enlargement.
Samsonite Invests in Hungary"The new factory creates hundreds of new jobs, and the production contribute to the growing exports of Hungary," said Petra Pana, Deputy State Secretary for Hungarian Investment and Trade Agency at the opening of the factory.
The investment is based on nearly 6.5 billion HUF state aid. Along with the factory, an education center is also planned to help obtain the qualification required for the factory.
Source:
Világgazdaság / Vállalatok / Új gyárat nyit a Samsonite hazánkban
Photo: Samsonite Hungary Szekszárd
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