Mapei expanding capacity for HUF 8 bln
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Italian-owned Mapei Kft. is spending HUF 8 billion to expand capacity at its plant in Sóskút (25 km southwest of Budapest), on the outskirts of the capital, according to profitline.hu.
The building materials maker will add an annual seven tonnes of mortar production at the plant while boosting powder-based plaster product output to 225,000 tonnes a year. It will also add 10,000 sqm of warehouse space.
At the end of 2020, the plant's capacity in Soskut exceeded 100,000 tonnes a year, and it had 15,000 sqm of warehouse space.
The company said that expanding the product palette with items the Hungarian unit now imports from Italy and Poland will shorten supply chains.
The new production capacity will launch at the end of 2025. The Hungarian firm also plans to start a training center in 2023 to ease the labor shortage in the construction industry.
Mapei Kft.'s turnover rose 22% to HUF 27.7 bln last year.
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