# Fastron Hungária invests HUF 1.2 bln in new production hall

Fastron Hungária invested HUF 1.2 billion in a new production hall of nearly 8,000 square meters at its site in Tolna, Hungary. The company targets revenues of HUF 6.8 billion in 2017 and plans to increase headcount to 620.

- Type: Expansion
- Announced: 2017-04-25
- Where: Tolna, Hungary, Hungary
- Value: $4.30M (1.20B HUF)
- Jobs: 80
- Status: completed
- Capacity: 8,000 square meters production hall
- Products: inductive components, precision sheet metal products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Fastron Hungária](https://endata.com/companies/17076.md)

## Sources

- [bbj.hu](https://bbj.hu/business/tech/telco/fastron-hungaria-revenues-climb-almost-10/), 2017-04-25: "Last year, staff numbers rose from 498 to 540, while Fastron invested HUF 1.2 bln in a new production hall of nearly 8,000 square meters at its site in Tolna, southern Hungary."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.