Yanfeng expands in Pápa with HUF 7.5bln investment
Chinese automotive supplier Yanfeng Automotive Interiors (YAI) has made an announcement this week to invest €25 million in its Hungarian location in Pápa, creating 450 jobs in the town in West Hungary.
Based in Shanghai, China, Yanfeng is a leading supplier of automotive interior products, such as dashboards, door panels and decorative trim.
The plant in Pápa produces interior elements for premium cars.
(Pictured: József Vallyon, CEO of Yanfeng Hungary Automotive Interior Systems Kft.)