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It is in Hungary´s vital interest to cooperate with foreign investors that provide new jobs in the country
Prime Minister Viktor Orbán said on Tuesday
opening the third production hall of RAFI Hungaria in Mezőtúr
The HUF 840 million expansion received a HUF 240 million government grant
Hungary’s industry depends on the cooperation with the German industry to survive
referring to the local subsidiary of the German electromechanical and communications components producer RAFI
The company’s headcount will increase by 40 to 440 as a result of the investment
The Government plans serious developments in this underdeveloped part of the country in the next four years
stating that long-term cooperation is also in plan with RAFI Hungaria
production area has been expanded by 2,600 square metres
storage capacity by 700 square metres while the office areas have been increased by 1,000 square metres
In the representation of the German subsidiary
Theo Beil said: it is a huge success that the investment was carried out in just 11 months
The new production hall will conform to the latest standards in the field of automotive and pharmaceutical production
He added that the company has plans to create additional jobs and take part in the training of engineers and skilled labourers
The Prime Minister's Office contributed to this article