Aeroplane manufacturing plant to be built in Pécs

Hungarian-owned Magnus Aircraft Cls. is building an aeroplane manufacturing plant in Pécs, southern Hungary. The Hungarian government is contributing approximately 40% of the costs, (HUF two billion) in non-returnable funding towards the 5.16 billion forint (EUR 17 million) project.

According to Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. the investment is creating an opportunity for the serial production of an outstanding Hungarian innovation, and the company will be creating at least 105 new workplacess.