Graboplast wins HUF 500 mln Russian school order

Telco

Hungaryʼs Graboplast, one of the leading manufacturers in the interior floor-decoration market, won a contract worth more than HUF 500 mln to supply the Russian NST group with specialty flooring for 2,000 school gyms, the manufacturer told Hungarian news agency MTI today.

The news agency noted that Graboplast had revenue of HUF 17.5 bln in 2014, with exports to more than 80 countries, accounting for 90% of the total.

Graboplast has a headcount of 550 in three plants around Hungary. Currently, the manufacturer is undertaking a HUF 6.4 bln development at its Tatabánya-located plant.

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