European Union funding is covering HUF 49 million of the cost of the investment, Lukács said.
RW Hídtechnika will hire twelve people to work the new capacity. Headcount now stands at 65, but could rise to 90 later, Lukács said.
RW Hídtechnika had revenue of HUF 1.3 billion in 2010, up from HUF 1.1 billion in 2009.
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