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.