Vibroteam winds up HUF 232 mln investment

Telco

Toolmaker Vibroteam on Tuesday wound up a HUF 232 million investment in the Alba Industrial Zone in Székesfehérvár. Vibroteam won a HUF 92 million grant for the 900sqm production hall and office, said managing director György Vizler. The company bought about HUF 200 million of new machinery with the support of another grant, he added. The investment created 15 jobs and Vibroteam still plans to make three more new hires. Automotive industry suppliers account for many of Vibroteam's business partners.

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