MONO-Ipolyfabric, which designs and manufactures premium automotive interior decor elements will expand its production capacity and will set up a new R&D centre at its site in Ipolytölgyes. Thanks to the investment of almost EUR 17.5 million, 100 new jobs are expected to be created.
The Belgian-owned Mono Group is a world-class company group engaged in the production of interior decor elements for premium category cars. Their clientele includes Aston Martin, Audi, BMW, Jaguar-Land Rover, Mercedes-Benz, Lamborghini and Porsche, for instance.
MONO-Ipolyfabric Kft., which designs, develops, and manufactures premium-quality wood, aluminium, and carbon interior decor elements, is launching a multi-segment investment in Hungary.
During the project, the company will expand its existing production capacity, introduce new aluminium painting technology, and set up an R&D centre in Ipolytölgyes, which will facilitate product and process development for the entire group, the Hungarian Investmnet Promotion Agency reports.
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