Danish steel processor Andresen Industri to invest in Hungary
According to recent news in the market, Danish steel processor Ib Andresen Industri (IAI) is planning to establish a steel processing plant in
Hungary with an investment of €15-20 million.
The plant, which will serve mostly the
automotive sector in
Hungary and
Slovakia, will commence operations in 2005.
The plant will have an annual
production capacity of 100'000-150'000 tons.