The expansion will be implemented at the site of a former sugar refinery in Szolnok, Dunai was cited as saying by state news agency MTI.
In the first phase of the investment, due to be completed by the third quarter of this year, Stadler will build a 8,000 square-meter plant, with 7,000 sqm dedicated to production and the remainder to office activities.
In the second phase, scheduled to be completed by the third quarter of 2019, a warehouse building will be constructed, designed to also serve the unit operating since 2013 in the local industrial park.
Some HUF 1 bln of the total costs will be spent on technological developments. The headcount is expected to be increased by 15.
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