Realtherm almost doubles capacity via HUF 800 mln investment
Hungary-based plastic door and window manufacturer Realtherm inaugurated a HUF 800 million expansion at its headquarters in Nyíregyháza on Friday, according to reports. Almost HUF 364 mln was covered by European Union funding.
Through the investment, Realtherm has almost doubled production space to approximately 4,000 square meters. The firm also added a warehouse and service space to its plant, as well as purchasing production equipment for EUR 1.7 mln.
Realtherm posted revenues of HUF 1.4 billion in 2015, public records show, as reported by wire service MTI.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.