Grundfos has purchased land for its third factory in Hungary. It is at Szekesfehervar and will make KP and AP pumps from the wastewater range. Production will take up to 20 000 m2 with 1000 m2 of office space.
Hungary was selected for this expansion for its central location between Eastern and Western Europe and the availability of a large pool of skilled workers.
In the light of media fears of recession and a credit cruch, do you think this will impact upon the Building-Services industry over the next two years?
