Energy firm Corecomm SI has added solar panels to its product palette with a HUF 500 million investment at its base in Veszprém, Managing Director Balázs Horváth said on Thursday, according to Hungarian news agency MTI.
Corecomm SI will make 270W solar panels in a 1,200 square-meter production hall in which it has installed an Italian-made production line, Horváth said. The investment will boost Corecomm SIʼs revenues by HUF 500 mln yearly, he added.
The company also specializes in low-voltage products and uninterruptible power supply.
Corecomm SI had revenues of more than HUF 1.3 billion in 2015, public records show.