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Magna may choose Hungary for new factory

22.August 2017

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Magna International has won approval to build a factory in Hungary which could result in the supplier choosing the country over Slovenia for its new paint facility, Radio Slovenia reported.

Magna will buy Getrag for $1.9 billion

20.July 2015

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Magna International, North America’s biggest auto-parts maker, agreed to buy German manufacturer Getrag for 1.75 billion euros ($1.9 billion), gaining control of one of the largest independent producers of vehicle transmissions.

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