Wood processing company to build HUF 340 mln production hall

Telco

Wood processing company Szalai Fafeldolgozó és Kereskedelmi will build a 700 sqm production hall, while also expanding and upgrading its existing workshop, both in Zalalövő in western Hungary, with a HUF 340 mln investment.

The development was realized with the supported of a HUF 136 mln European Union grantand the project is expected to be completed by the end of November.

Szalai Fafeldolgozó made a revenue of more than HUF 1 bln last year and expects a turnover increase of at least 20% once the new unit is opened.

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