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Bock Hungaria inaugurates HUF 206 mln metalworking plant

Metalworking company Bock Hungária inaugurated a HUF 206 million plant in Noszlop.

European Union and state development funding covered HUF 100 million of the cost of the investment, said managing director Csaba Stallmeiszter.

The plant is expected to boost revenue by 8% next year. Headcount rose from 175 to 230 as a result of the investment.

Bock Hungarian had retained earnings of HUF 93 million on revenue of HUF 1.8 billion in 2009. (MTI – Econews)