Linamar expands Hungarian factory

5 February 2015

The Canadian-owned Linamar Corporation, which specializes agricultural machinery and car parts, has expanded its production hall in Orosháza. The new facility, a €16m investment, was opened by Hungarian Economy Minister Mihály Varga and Canada’s Ambassador to Hungary Lisa Helfand.
“Canada is a key economic partner for Hungary, and we receive the largest amount of Canadian FDI within the Central and Eastern European region,” said Varga. Linamar, which has several production sites in the Southern Great Plain region, has received non-refundable EU grants of some HUF 1.6bn, and the HUF 5bn project will create 150 new jobs in the town.

Example banner for displaying an ad. It can be higher.