Geoconstans installs HUF 760 mln recycled rubber processing line
Image by Shutterstock.com
Geoconstans has installed a HUF 760 million recycled rubber and plastic processing line at its base in Szabadszállás, the company told state news wire MTI.
Geoconstans won HUF 380 million in European Union and state grant money for the project which will add traffic equipment to its palette of recycled products.
The company also makes surfaces for sports facilities and playgrounds. It has capacity to recycle over 8,000 tonnes of waste a year.
The company had net sales revenue of HUF 1.34 billion in 2020, public records show.
ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan
EC Puts Hungary 2024 GDP Growth at 2.4%
HU-rizon Program: HUF 8 bln Funding for International Resear...
Marcelito Pomoy to Perform in Budapest Next Week
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
