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Hell Energy starts HUF 2.5 bln production line

Telco

Energy drink maker Hell Energy Magyarország launched operations of a new HUF 2.5 billion production line at its base in Szikszó, the company said on Friday, according to Hungarian news agency MTI.

The investment was supported with European Union and Hungarian state grant of almost HUF 500 million. The investment is expected to raise production capacity at the base to daily 2.4 million cans, according to MTI.

Hell Energy has invested some HUF 15 bln at the base in the last five years, MTI reported. In its 2014 business year, Hell Energy had a profit of HUF 560 million on net revenue of HUF 12.8 bln, MTI added.

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