INESA, a Chinese-Hungarian joint venture, opened a logistics base in Dunakeszi, to the north of Budapest. The light fixtures manufacturer invested €6m into the 5,600 sqm facility. The company plans to start production in the new building next year. Founded in 2015, INESA is 70 percent owned by Shanghai Feilo Acoustics, which also plans to use the Dunakeszi facility as its European distribution center in the future.
