Leier to open ninth plant in Hungary this year
Leier Hungaria Kft, the Hungarian unit of construction materials manufacturer Leier International, will open a plant in the city of Győr (NW Hungary) this year, the company's ninth, Leier Hungaria CEO Andor Komlos told MTI on Wednesday.
Komlos said that Leier Hungaria would hire 20 workers as a result of the brownfield investment.
They also invest HUF 500m into a new production line at an existing brick plant in Devecser. Komlos noted that the unit has spent HUF 30 billion on development of its eight current plants over the past ten years.
Leier Hungaria posted after-tax profit of HUF 400m on revenue of HUF 16 billion in 2010.
Leier International is present at 36 sites in six countries -- Austria, Hungary, Poland, Slovakia, Croatia and Romania.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.