By Houston Business Journal

Mitcham Industries Inc. (Nasdaq: MIND) has opened a new warehouse, logistics and repair facility in Budapest, Hungary.

Bill Mitcham, the Huntsville companyâ¿¿s president and CEO, said in a statement that the eastern European market has great promise, which is driven by new capital spending in oil and gas exploration. The facility will be similar those Mitcham already has in Russia, Peru and Colombia.

Mitcham is a geophysical equipment supplier that provides seismic equipment to the oil and gas industry, seismic contractors, environmental agencies, government agencies and universities.

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