Illustration - Photo: MagnusFusion.com

Magnus Aircraft lays cornerstone of production hall

Hungary's Magnus Aircraft laid the cornerstone of an aircraft production hall in Pogany, in south-western Hungary, on Friday.

The production hall is part of a larger, 6 billion forint (EUR 15.3m) investment project.

Addressing the ceremony, Finance Minister Mihaly Varga said the plant would produce locally developed four-seat planes, adding that the project would “also contribute to strengthening Hungary’s defence industry”.

Magnus Aircraft is building a 500kW solar park next to the 1,500sqm production hall, CEO Laszlo Boros said.

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