GMD to build car parts factory in norther Hungary
The French based company GMD group will build new plant in northern Hungary in Dorog where it will produce automobile parts. The company plans to invest HUF 14.5bn in this project. The Hungarian government has pledge to support the investment with a HUF 2.9 billion grant, which is expected to create 240 new jobs. GMD Group was founded in 1986 and currently operates in a total of 14 countries around the world.