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Ekuna finishes HUF 100 mln expansion

Telco

Ekuna, a Hungarian electronic control unit and measuring device manufacturer, has completed an investment of HUF 100 million at its plant in Dévaványa, for which the company received a HUF 50 mln European Union grant, Hungarian news agency MTI reported yesterday.

Through the investment the company purchased a wave soldering machine and a folding machine, as well as installing 800 square meters of anti-static flooring. After the investment, the company multiplied its workforce from a staff of 15 to 98, Managing Director Ferenc Nagy said, adding that a few more workers may be hired soon. 

Ekuna posted HUF 260 mln in sales revenues last year, with HUF 15 mln of profit, MTI reported.

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