Eglo Magyarország, the electric light source manufacturer, opened a 14,000 sqm production hall and a 5,600 sqm automated warehouse in Pásztó, northern Hungary. The cost of the deal was HUF 4bn, of which HUF 650m was subsidized by a government grant. Eglo Magyarország employs 800 people and is one of the leading employers in Nógrád County. The company posted revenues of more than HUF 30bn in 2016.