Production at the new Ft 3 billion Velux Hungary plant in Fertoszentmiklos, north-western Hungary, is scheduled to start next spring. Velux Hungary is the Hungarian subsidiary of the Danish roof windo…
Production at the new Ft 3 billion Velux Hungary plant in Fertoszentmiklos, north-western Hungary, is scheduled to start next spring. Velux Hungary is the Hungarian subsidiary of the Danish roof window systems company Velux Industri. Velux has invested Ft 5.5 billion in Hungary since it first arrived in 1986. Velux Hungary forecasts 2000 sales to be 10-15% up on the 1999 total of Ft 9.7 billion. Velux says it plans to invest a further Ft 5 billion in Hungary in the medium-term, establishing its East Central European production and logistics centre in the country.