Vitép '95 Kft. invests HUF 250 mln at base near Budapest

Telco

Hungarian concrete component manufacturer Vitép '95 Kft., which chiefly supplies civil engineering projects, is investing almost HUF 250 mln at its base located in Szigetfalu, near the capital, managing director Tibor Vígh informed Hungarian news agency MTI.

The investment was supported with a HUF 123 mln European Union grant, and will cover machinery purchases and building developments. Vitép '95 Kft. generated a revenue of HUF 1.2 bln last year and currently has a headcount of 54.

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