ReMAT installs HUF 311m regranulator line

Recycling

Recycling company ReMAT on Wednesday inaugurated a HUF 311m regranulator line at its base in Tiszaújváros (NE Hungary).

The investment doubles capacity at the base.

CEO László Olasz said ReMAT is the leader on Hungary's market for recycling selectively collected household waste and among the five biggest players in the European Union.

ReMAT expects to close 2011 with revenue of HUF 3.5bn. The company employs 231 people.

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