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.

ADVERTISEMENT

Higher Volume Lifts Farm Sector Output in 2023 Crops

Higher Volume Lifts Farm Sector Output in 2023

EUR 6,000 in EU Funding Open to SMEs EU

EUR 6,000 in EU Funding Open to SMEs

Latvia's Unemployment Level Grows in January HR

Latvia's Unemployment Level Grows in January

Number of Chinese Tourists in Hungary Quadruples From Pre-CO... Tourism

Number of Chinese Tourists in Hungary Quadruples From Pre-CO...

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.