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Electronics Production | June 23, 2005

Elcoteq, Flextronics, GE to make cargo investment in Hungary

Irish Cape Clear Aviation Kft is in talks with Flextronics International Kft, GE Hungary Rt, and Elcoteq Hungary Kft, on investments in a planned cargo and logistic center in Hungary.
The multi-billion-forint investment is set to turn Sármellék airport, near Lake Balaton in Hungary, into a large-capacity cargo base and logistics center, unnamed sources tell BBJ. Cape Clear Aviation rents the airport for 99 years since 2003.
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