Freudenberg to invest EUR 4 million in Hungarian unit

Portfolio
Freudenberg Group is to spend HUF 1 billion (EUR 3.98 m) to build a new production hall in Lajosmizse (central Hungary), local newswire MTI reported on Wednesday.
The Hungarian Freudenberg unit supplies the world's largest carmakers, such as Volkswagen, Toyota, Honda and Mercedes with different parts, plastic parts and sealing materials.

The Freudenberg Group comprises 14 business groups operating independently on various markets all over the world.

The group supplies seals, vibration control technology components, filters, nonwovens, release agents and lubricants to almost all of the world's automakers.
 

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