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General

Infineon lays cornerstone of new plant in Hungary

Wednesday 2 October 2019 | 16:14 CET | News
German semiconductor manufacturer Infineon Technologies inaugurated the start of the construction of its new facility in Cegled, Hungary, on 30 September, according to Budapest Business Journal. The HUF 32 billion expansion will create 275 jobs, with the total number of employees to reach 1,600. Hungaryʼs government is supporting the investment with a HUF 6.4 billion grant. Production at the plant will start at the end of 2021.

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Categories: General
Companies: Infineon
Countries: Hungary
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