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MTI News Network reports that ABB plans to close its ...· ABB announced plans to shut down its circuit breaker plant in Ózd (One hundred and forty-nine km northeast of Budapest), Almost 1,000 people were fired, because of falling demand, state news wire MTI reports. The plant, which ABB acquired the plant from GE Industrial Solutions in 2018, will be shut down at the end of 2020.

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