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Jankovits Hidraulika completes almost HUF 200m investment

Made-to-order machinery maker Jankovits Hidraulika on Friday wound up an almost HUF 200m project that is the first phase of a combined HUF 1bn of investments.

The company built a 755sqm production hall and a measurement room at its base in the Gyor Industrial Park (NW Hungary).

Jankovits Hidraulika expects to close 2011 with revenue of HUF 865m, about 25% more than in 2010.

The company employs almost 40 people and plans to make ten new hires in January. A further 15-20 contracted labourers work for the company.