Panasonic to reduce photovoltaic production in Hungary.

By bne IntelliNews July 31, 2012
Japanese electronics corporation Panasonic plans to reduce the production of photovoltaic solar panels in Hungary and Mexico and shift it to Malaysia as of October, electronic news portal Recharge quoted companys spokesperson Viktoriya Chamata as saying. As a result of the restructuring, Panasonic will lay off 400 workers at its plant in Dorog, northern Hungary. The plants output, which supplies mainly the European market, will be reduced by 30%. Panasonic Hungary produced 315 MW of solar module in 2011.

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