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METOXIT ANNOUNCES HUF 2.5 BN INVESTMENT IN HUNGARY

 

Péter Szijjártó, the minister of foreign affairs and trade, on Monday attended an event where Swiss company Metoxit announced a 2.5 billion forint (EUR 6.8m) investment in Székesfehérvár, central Hungary. Metoxit will start production at a plant in the city in January, creating 80 jobs. The company makes ceramic components for dental, orthopaedic and industrial applications. Szijjártó noted that some 900 Swiss-owned companies employ over 31,000 people in Hungary.