GE expands in East Gate Business Park in Hungary (HU)

WING’s East Gate Business Park in Fót in Hungary is home to GE’s Oil and Gas Division, which is being expanded with a strategically important manufacturing facility. East Gate Business Park is investing several billion forints in the development. The new hall, which has an area of approximately 11,000 m², will house the production of control units for gas and gas-turbine power plants. Besides the manufacturing areas, the building will also contain offices and warehouse space. Following the expansion GE’s operations will occupy an area of some 17, 500 m² in East Gate Business Park.

Today East Gate Business Park is Hungary’s number one business park. Besides the general warehousing and office functions, unlike logistics parks in the classic sense, it is primarily occupied by manufacturing and production plants that require complex solutions. The Wing Group, Hungary’s leading integrated property group, welcomes GE Hungary’s decision to choose Fót, and specifically the East Gate Business Park for its expansion, and is confident that this represents an important milestone in its on-going development projects.

Source: Pannon Media

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