Herbavit Completes HUF 270 mln Warehouse
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Herbavit, a wholesaler of windows, doors, and other building materials, has completed a HUF 270 million warehouse at its base in Bonyhád (160 km southwest of Budapest), according to uzletem.hu
Herbavit said the 1,184 sqm investment more than doubles its existing warehouse space.
The company also acquired a new digital inventory management system.
The firm won HUF 189 mln in European Union and state support for the project. Herbavit had net revenue of HUF 2.6 billion last year, managing director Péter Schnierer said.
This year, it targets 10% turnover growth, he added.
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