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Farming machinery trade company Axial opens new unit in SW Hungary

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Axial Kft, which sells and services farming machines, has opened a new unit through greenfield investment of HUF 500m in Pecs (SW Hungary).

The company has built a 850sqm spare parts warehouse and a 470sqm service building using internal funds and a loan.

Axial Kft, which spent HUF 1.5bn on developments last year and this year, employs 540 workers at 15 units.

The company had profits last year on revenue of HUF 47.3bn.

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