Corecomm SI will make 270W solar panels in a 1,200 square-meter production hall in which it has installed an Italian-made production line, Horváth said. The investment will boost Corecomm SIʼs revenues by HUF 500 mln yearly, he added.
The company also specializes in low-voltage products and uninterruptible power supply.
Corecomm SI had revenues of more than HUF 1.3 billion in 2015, public records show.
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