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Agro Line spends HUF 490 mln on equipment to increase capacity

Parts and machinery components manufacturer Agro Line has spent HUF 490 million on purchasing equipment to increase production capacity, managing director László Tóth told MTI.

The company won a HUF 245 mln European Union grant for the investment. The investment also increased headcount, which now amounts to around 180. Agro Line had revenue of HUF 3.3 billion in 2016. Exports account for more than 95% of sales.