ADVERTISEMENT

Linardics opens HUF 280 mln production hall in Hungary

Industrial

website of the company

Hungarian family-owned metal parts manufacturer Linardics on Saturday inaugurated a production hall at its base in Székesfehérvár, through an investment of HUF 280 million, according to reports. The investment created six new jobs at the base.

(Photo: The official website of the company)

The company invested HUF 102 mln to construct a 500 sqm hall and an additional HUF 178 mln to purchase a metal coating machine, Hungarian news agency MTI reported. Grant money provided to the company for the investment covered half the cost of the coating machine, MTI added. 

Last year the company had a profit of HUF 28 mln on revenues of HUF 850 mln, Iván Linardics, the founder and owner of the company that employs 49 people, said.

ADVERTISEMENT

Czech economic confidence weakens in October Analysis

Czech economic confidence weakens in October

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

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.