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Leier to complete HUF 2bn plant in NW Hungary this year - paper

The Hungarian unit of Austrian building materials maker Leier expects to complete a more than HUF 2bn plant in Gyor (NW Hungary) this year, Leier Hungarian managing director Andor Komlos confirmed in Tuesday’s issue of business daily Napi Gazdasag.

The plant will make pre-cast concrete elements, mainly for civil engineering construction.

Leier Hungaria has eight production bases employing 750 people. The unit’s revenue rose by about HUF 1.5bn to HUF 17.1bn last year.

In addition to the Hungarian market, the unit also exports to Austria, where building construction was not hit as hard by the crisis as in Hungary.