November 30, 2009, 10:05 CET
Knorr-Bremse to create 800 more jobs in Budapest
Railway vehicle manufacturer Knorr-Bremse will build a new factory in Budapest from a €43 million investment, creating an additional 800 jobs, chairman Raimund Klinkner announced on Friday. The company will manufacture braking systems at the new plant.
The company expects a rise in production next year, but will only reach pre-crisis levels three to four years from now, Klinkner said.
Knorr-Bremse currently has 120 employees in its R&D centre in Budapest and 750 staff at its Kecskemét plant.
TAGS:
knorr bremse
EMAIL
ARTICLE
ADD A
COMMENT
SITE FEED
Latest News
- "Drunken" tax authority mistakenly puts leading brewer on deadbeat list
- Forced auction outrage mounts as utility targets wrong indebted homeowner
- Budapest mayor Demszky's senior adviser in custody
- Minimum offer sold of OTP indexed bonds
- MOL to focus on investments at Croatian unit in 2010
- Budapest Airport expects passenger traffic to increase this year
- Hungary guest nights drop 7% year-on-year in December
- State runs surplus in January, but pensions and local gov't deficits mount
- Finance Minister challenges blogger over reforms
- BUX sees biggest drop in months
- IMF, EU delegations start post-bailout review of Hungary
- Figures show over 30,000 jobs created in Hungary in January
Published every Tuesday, the Budapest Business Week newsletter contains all the previous week's headlines from Realdeal.hu and related stories from other All Hungary sites, as well as a list of upcoming events of interest to the foreign business community in Hungary.
Recent Comments:
#8
Wings: Peter C. What you say is correct. Ryanair in the main get subsidies to fly to and from airports that...
from "Danubius leases Balaton hotel to management group to cut risk on downturn"#4
woodworking plans free wood projects: You'll want to be thorough each time you will be handling any woodworking tool. Not only are you abl...
from "E.ON inaugurates region's largest gas storage facility in Hungary"#22
mave : Anywhere in the North west would be good for me .I used Stanstead to Balaton, but another airport wo...
from "Airport near Lake Balaton to reopen in spring"#10
DustyBin: @ WillG. I do take your point and my post as you correctly summize was just an observation.
Common s...
from "Finance Minister challenges blogger over reforms"#1
wolfi: How could this corruption go on so long, did really no one notice it ?
In most countries it's a tr...
from "Budapest mayor Demszky's senior adviser in custody"
- Superfast internet comes to central Budapest
- Hungarians wounded in Afghanistan
- Int'l Mediawave festival to offer music, film, dance in W Hungary
- Conservatives in Budapest council promote cycling
- Hungarian invention tested on space station
- Death-defying weekend at Lake Balaton
- "Wandering falcon" returns to Budapest for winter
- Parking and public transport fees go up in Budapest
- Budapest Airport plans to launch ultra last minute service
- Ukrainian blockade of border station lifted
- Hungarian studio welcomes Oscar nomination of animated feature
- Parties slam Orbán's speech for ambiguousness
- Ex-PM Gyurcsány meets Netanjahu, Blair, IMF chief in Israel
- Survey finds Orbán's speech given C+ by public
- Democratic Forum PM candidate Bokros presents program
- Orbán's state of the nation speech "risk-free," say analysts
- Ministers call for May deadline on NATO command reform
- Orbán calls for strong gov't in state of the nation speech
- US Ambassador compares Orbán to former President Clinton
- Media under spotlight at human rights conference in Budapest
- Why Are Budapest's Only Vietnamese Restaurants Halfway to Hoi An?
- Costes announced as "Restaurant of the Year" winner for 2009
- Everyone's a Kid in a Candy Store at the New Downtown Sugar!
- When Life Gives You Lemons, Make Lemonade. Same With Hungary, Liver and Terrine de Foie Gras.
- Can Hester from London Beat Baraka's New Year's Offer? Unlikely Indeed!
- Finally, a Budapest Restaurant Concept to Sink Your Teeth Into
- Disznótor
- And Now for Something Completely British
- Most! a Most Welcome Addition to the Budapest Restaurant Scene
- Breaking: BKV Kontroll Has Totally Lost Control
- Snow Means Christmas for Parking Scofflaws in Budapest
- Stupid Bus Driver Sacked After Filming Himself Laughing at "Stupid" Passengers
- Snowblower Blows Away Pedestrian, Bus Adds Insult to Injury for Child-Packed Ambulance
- Budapest Just Says No to European Anti-Drug Agency
- And if You're Killed in an Earthquake City Hall Will Throw in a Side Trip to Haiti
- Drunk, Naked Czech Nabbed in Countryside Home Invasion
- Caring Nation Breathes Sigh of Relief as Homeless Wretch Found Frozen Solid in Shopping Mall Parking Lot
- Report: Government Poised to Ban Fish Bowls, Snake Food
© Copyright 2004-2009 The All Hungary Media Group | About Realdeal.hu | Become an All Hungary Member | Contact Us | Advertise
Leave a Comment