Haldex set to streamline production in Europe
A move of the production from Germany to HungaryHaldex will streamline their production in Europe through concentrating the production of EBS and air suspension products to Hungary. This entails that the factory in Heidelberg, Germany will be shut down. Haldex’s European region has not managed to increase profitability to a level that meets the expectations. The expected economic downturn and the cost level in Germany has resulted in the decision to move the production. Through co-locating the production in Heidelberg with the production in Szentlörincskáta in Hungary, economies of scale