The American company, Power and Composite Technologies Inc has decided to open its first works in Hungary, in Székesfehérvár. On hand to kick of the construction was Eleni Tsakopoulos Kounalakis, American ambassador to Hungary. Kounalakis said that PCT chose Székesfehérvár because of its good location, infrastructure and skilled workers. Robert Mylott, CEO of the company explained that PCT manufactures power generation products, including collector assemblies. The company is planning a serious expansion and would like to create 200 new jobs by 2013. By 2015 the company’s Hungarian investments are planned to exceed $10 m.
