Földgép Trans to invest HUF 2 bln in Tiszasziget

Recycling

pixabay

Hungary-based firm Földgép Trans, which has been active mainly in the construction industry until now, is planning to construct a HUF 2 billion plastics processing plant in Tiszasziget, southern Hungary, according to Hungarian news agency MTI.

Construction of the plant is scheduled to be launched in June next year, with production potentially to start at the factory in the fall of 2018, company representative Csaba Pitrik was reported as saying. Once the 1,000 square-meter plant starts operating at full capacity, the headcount could reach 55, according to reports.

The plantʼs heating and electrical systems will be partly based on technologies using renewable energy, Pitrik was reported as saying today by online local news source szegedma.hu. The plant will produce technical plastics and food industry packaging, he added.

The investment is part of a six-hectare agricultural logistics industrial park planned for Tiszasziget, szegedma.hu reported.

Agriculture Ministry Committed to Sustainable Viticulture Crops

Agriculture Ministry Committed to Sustainable Viticulture

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Wizz Air's 1st Flight to Istanbul Takes off From Debrecen Transport

Wizz Air's 1st Flight to Istanbul Takes off From Debrecen

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

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.