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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.

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