Duocor inaugurates HUF 3.2 bn expansion

Duocor Ipari inaugurated a 3.2 billion forint (EUR 9.6m) expansion at its base in Mako (SE Hungary) on Tuesday. Duocor added to production capacity for institutional furniture, creating 65 jobs, said Minister of Foreign Affairs and Trade Peter Szijjarto. The government supported the investment with a 635 million forint grant, he added. Szijjarto said that thanks to recent years' investment projects and high exports Hungary was among the winners of the new global economic era.