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Mektec Group to build plant in Hungary for mechatronic product

c products. Within the frames of the greenfield investment of EUR 20.5 million a new hall of 11,000 square metres will be established. The production of series parts mainly for battery connection units of hybrid and electric vehicles will result in the creation of 250 new jobs at the Pecel plant of enmech during the coming years. The production is planned to be started in the new unit as early as the second half of 2019. Mektec Group belongs to t...

News Updated at: 2019/02/15

Freudenberg transferring shares in European joint venture enmech to its partner NOK

Freudenberg transferring shares in European joint venture enmech to its partner NOK The Freudenberg Group is to transfer its 50 percent shareholding in enmech GmbH & Co. KG, Weinheim, Germany, and enmech Hungary Bt, Pecel, Hungary to its joint venture partner, NOK Corporation, Tokyo, Japan. The business is now transferred at the beginning of 2016. enmech has been a Freudenberg Group and NOK Corporation joint venture since 2002. The Japanese partn...

News Updated at: 2016/01/11