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Electronics Production |
Rosenberger expands in Hungary
Germany's Rosenberger, is expanding its Hungarien unit for high-frequency and fiber optic connectors.
The company has invested HUF 2.7 billion (roughly EUR 8.86 million) in order to expand its production capacity at its Jászárokszállás, Hungary facility, according to a report in the Budapest Business Journal.
The investment will not only increase the capacity of the facility, but also create more than 50 new jobs. The project was supported with a EU and state grant of HUF 780 million (or EUR 2.56 million), the report concludes.