ITK Holding broke ground on a new production hall at its base in Debrecen, eastern Hungary. The Hungarian bus manufacturer is planning to invest HUF 2bn in the project, which will expand its production area to 5,000 sqm. The company also unveiled the prototype of a school bus it is currently in the process of developing based on a Mercedes-Benz vehicle. Hungarian oil and gas company MOL is the majority owner of ITK Holding.
