The Budapest Business Journal is reporting that the automobile supplier Musashi Hungary has signed a supplier contract that will provide it with work after 2017. This will be made possible by a new €4m investment in its factory in Ersci. The paper cites MTI in quoting director Andras Nagy who said the Musashi would be turning out 1 million car differentials by the end of the decade, most of which would be purchased by MBW. The company, which produced revenues of €40.5m in 2013, also supplies Audi, Jaguar and Honda.
