Ad
Ad
Ad
Ad
Ad
Ad
Electronics Production | February 07, 2005

Elcoteq to expand in Hungary

Finnish EMS-provider Elcoteq will invest € 54 million to expand production capacity at its Hungarian subsidiary. The expansion, to be completed by 2008, will create 700 new jobs.
Elcoteq launched its Hungarian operations in 1998 in Pecs. In 2000, Elcoteq doubled its production capacity in Hungary by acquiring Nokia's monitor manufacturing unit, also located in Pecs. Over the past two years, Elcoteq has invested € 33 million in Hungary. Elcoteq said Hungary was among the leading candidates, according to Yahoo! Finance.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Ad
Ad
Load more news
October 15 2018 11:56 pm V11.6.0-2