Schafer-Oesterle installed four industrial robots and production lines at the base, Frei said. The company won a HUF 443 mln European Union grant for the investment, he added.

Last year, Schafer-Oesterle raised headcount from 130 to 174, Frei said. Revenue rose to HUF 2-2.5 billion last year from HUF 722 mln in 2014, he added.