Stefani Hungaria Completes Expansion at Gyor Facility

Post date:
Friday, October 28, 2011 - 09:27
Country:
Hungary
Stefani Hungaria Completes Expansion at Gyor Facility

The company, which is engaged in production of individual processing tools for the auto indusrty, won a HUF52 million grant for the investment, managing director Alexander Fina told MTI.

Stefani Hungária expects revenue this year to climb 6% over last year's HUF 1.1bn.

The company has several major business partners, including Audi, which operates a big plant in the Gyor Industrial Park, as well as other members of the Volkswagen group.

Stefani Hungaria Gepgyarto Kft., the local subsidiary of Germany’s Stefani GmbH, on Thursday inaugurated a HUF200 million (app. €670 thousand) capacity expansion at its base in Gyor
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