Serioplast starts building industrial park in Hungary

Sights

Italian plastic container maker Serioplast has started building a plant in the Nyirbátor Industrial Park (northeast Hungary), the city’s mayor Mrs János Balla told MTI on Monday.

Serioplast will employ 50 staff at the 6,000-square-metre production hall, Mrs Balla said. The company plans to build two more similar halls in the park, she added. The size of the investment will only be known after the further phases are completed.

Serioplast has units in Italy, Germany and France. The company had revenue of more than €110 million in 2007.

Nyirbátor won a Ft 500 million EU development grant to establish the industrial park. The plant’s biggest tenants, so far, are Coloplast, a Danish maker of medical supplies, and the Hungarian-owned car cable maker Bátor Trade. More than 1,100 people work at the park. (MTI-Econews)

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.