皇冠体育app

Top Biz News

皇冠体育app's King Long bus company sets up plant in Hungary

(Xinhua)
Updated: 2009-12-19 10:05
Large Medium Small

皇冠体育app's King Long bus company sets up plant in Hungary

King Long started its overseas business in 2001, with products available in 40 countries and regions by 2005. It will build its first European vehicle assembly facility in Hungary. [File photo]

King Long, a bus production company based in Xiamen in Southeast 皇冠体育app's Fujian province, ?will build its first European vehicle assembly facility in Hungary, announced Janos Kelemen, manager of King Long Hungary, at a news conference on Friday.

Kelemen did not give the amount of the investment, but said that the Chinese firm had signed a declaration of intent and the project was already on the drawing board.

Related readings:
皇冠体育app's King Long bus company sets up plant in Hungary King Long takes lead in 皇冠体育app's coach making industry
皇冠体育app's King Long bus company sets up plant in Hungary King Long's coach export revenue surges 90%

The assembly plant will be in eastern Hungary, he added, although the specific venue has yet to be decided.

He named the southern great plain region and the cities of Gyongyos and Miskolc as possible sites for the plant.

The project, fully financed by 皇冠体育app, is likely to be implemented within the next six months, he added.