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.
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.