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Motech builds HUF 361m production hall for bridge parts

Motech Acélszerkezet- es Gépgyártó is building a HUF 361 million production hall for 40- to 50-tonne bridge parts, majority owner and managing director Gyula Németh told MTI on Friday.

The structure has already been completed and all of the equipment, including four 25-ton cranes, is expected to be installed by September, Németh said. Motech won HUF 131 million in grant money for the project, he added.

Motech's revenue jumped 40% to HUF 2.4 billion in 2009, but it expects a 15% fall in 2010 because of a drop in orders. About 90% of the company's turnover comes from Western Europe. Motech has 200 staff, including contracted laborers. (MTI-Econews)