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Hungarian water boiler maker invests

Hungarian-owned Hajdú Hajdúsági Ipari Zrt completed a HUF 780m investment to expand and improve water boiler production capacity at its plant in Téglás (NE Hungary), CEO Anna Novotni-Dede said at a press conference on Friday.

Hajdú Hajdúsági Ipari Zrt paid for HUF 392m of the investment with its own resources, Mrs Novotni-Dede said. European Union funding covered HUF 273m of the cost and the company took out a loan of HUF 115m, she added.

Hajdú Hajdúsági Ipari Zrt employs 650 people. (MTI)