FiberHome has launched its first European plant in Kisbér, Hungary, to locally produce optical cables. The €20M ZettaNet project, supported partly by the Hungarian state, aims to strengthen Chinese-Hungarian ties and enhance FiberHome's European footprint with high-tech manufacturing and R&D. The HUF 8 billion (EUR 20 million) investment could create about 150 new jobs, Minister of Foreign Affairs and Trade Péter Szijjártó said in Beijing on Wednesday. The project is. Hungary welcomes Chinese investments, and Hungarian politics has done a lot to make China see us as a partner, said Levente Magyar, Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade, at the inauguration of the Chinese Fiberhome optical cable factory in Kisbér (northwestern. KISBER, Hungary, March 10 (Xinhua) — A new milestone in Chinese-Hungarian economic cooperation was celebrated with the grand opening of ZettaNet, a newly established optical cable manufacturing company in Kisber, Hungary on Monday. The investment, backed by Chinese telecommunications giant.
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