Ostorházi Bevonattechnikai Kft laid the cornerstone of an almost HUF 500 million coating technology center in the Százhalombatta industrial park, near Budapest.
The center will function as a painting plant, warehouse, office and R&D base, marketing manager Pétercsák said. One of the plant's halls will have capacity to apply paint or coverings to large-scale objects, he added.
Ostorházi had revenue of HUF 500 million in 2010. It employs almost 50 people.