The firmʼs manufacturing capacity will be increased by 17% through the expansion. Samsonite received a government grant of HUF 889 million towards the investment, while HUF 2.5 billion was earmarked for the industrial park in which it is based, and a further HUF 3 bln for connected road building.
In addition, the firm is establishing a training center for HUF 2 bln to support specialized training for workers at the factory.
This will be the second plant in Hungary opened by the luggage maker. In 1989, Belgium-based Samsonite N.V. purchased a site in Szekszárd, forming Samsonite Hungária Bőrönd Kft.
The 20,000 square-meter building will be controlled by special software, with hot water provided by solar energy.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
