The new facility, which sprawls on 22,600 square metres of useful area on a nearly nine-hectare plot, gives job to nearly 1,000 people. The plant, which was inaugurated last Friday, will manufacture brake pads and parts for brake control.

Knorr-Bremse, the world’s leading brake system producer, expanded its Budapest staff to 970 from 730 over the past two years."

Soure: Portfolio Online Financial Journal