Japanese car electrical equipment producer Mitsuba Ltd. is expanding its capacities at its plant in Salgótarján. A section of the new facility was officially inaugurated today.
The project will be fully completed by 2017 with an investment of 4.3 billion forints (EUR 13.9M) and will create 150 new jobs in Salgótarján.
President and CEO of the Mistuba Group Mr. Hino Noboru told reporters: “The construction of the new, 8600 square metre section of the facility is an important stepping stone in the company’s 4.3 billion forint development and expansion project. The new section is doubling our storage and production capacity, which was necessary in view of the increase in orders. Production lines are being continuously installed in the new unit”.
According to the Ministry of Foreign Affairs and Trade’s Parliamentary State Secretary Mr. László Szabó, Mitsuba’s expansion in Salgótarján is also proof of the fact that Hungary is a reliable partner that offers an attractive investment environment for companies that wish to come to Hungary to create jobs.
Mayor of Salgótarján Mr. Zsolt Fekete, the town’s deputy mayors and the region’s MP were present at the inauguration ceremony.