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Tu-Plast invests HUF 5 bln in expansion

Tu-Plast Tubusgyártó Kft., the Hungarian unit of Switzerlandʼs Hoffmann Neopac company, which manufactures tubes for cosmetics and pharmaceuticals, announced a HUF 5 bln expansion at its Debrecen headquarters, MTI reported in a press release today.

The investment, which created 59 jobs, was supported with a HUF 300 mln government grant. As a result of the expansion, the firm expects a boost in annual output from 83 million to 200 million units.