Article: Electrolux to invest over HUF 280 million in new relocation of vacuum cleaner production.

Electrolux to invest over HUF 280 million in new relocation of vacuum cleaner production

Budapest. May 11. INTERFAX-EUROPE - Electrolux will relocate the production of vacuum cleaners from its Swedish factory to Jaszbereny (Central Hungary) with an investment of some HUF 280-290 million, Electrolux managing director Attila Vass told Interfax Tuesday.

The investment is the final step of the centralization of Electrolux's vacuum cleaner production, he added. The Jaszbereny factory will be the company's only site in Europe producing vacuum cleaners.

The plant's current capacity allows the production of three million units per year, and the 2004 ...

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