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2019-02-01 00:00:00
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Part of the Schaeffler Group in Germany, FAG Hungary has now created 500 jobs in Debrecen after opening a HUF 25 billion bearings factory. As well as their own investment, the company was helped by a HUF 3 billion investment from the government of Hungary.
According to Rainer Lindner, regional head at Schaeffler, and Andreas Schick, COO, the company wants to commit to their Hungarian facility. At FAG Hungary, there are now 1,600 employees but they expect this to increase to 2,000 in the near future.
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