News in English Otto Fuchs invests HUF 12.8 billion in Tatabánya plant

Otto Fuchs invests HUF 12.8 billion in Tatabánya plant

Gergő Panker | 2016.04.20 11:33

Otto Fuchs invests HUF 12.8 billion in Tatabánya plant

The Hungarian subsidiary of Germany-based wheel disk manufacturer Otto Fuchs Group will invest €42 million in its Tatabánya plant, doubling the location´s annual production capacity to 2 million aluminium wheel disks.

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Doubling production capacity will also create 180 jobs at the Tatabánya plant and the region.

The investment is subsidized by the Hungarian government with a HUF 1.2 billion (€4 million) state grant on unique terms.

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