German Henkel to invest EUR 14.7mn in adhesives plant in Hungary.

By bne IntelliNews October 27, 2010
Local subsidiary of German's household products maker Henkel will invest EUR 14.7mn in the construction of an adhesives plant in the industrial park Tatabanya-Kornye, northwestern Hungary, reported. The construction works will be completed in 2012. The new facility is expected to employ about 80. Henkel plans to merge its glue production activities from Poland, England and its plant in Vac into the new facility. The location of the plant was chosen to better serve the CEE logistics operations of the producer.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335