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Raltech builds site for metal business cluster

Metal company Raltech has completed a 3,000-sqm industrial site in Tatabánya, west Hungary, in a HUF 650 million investment. Raltech said it uses the new facility for its own production but it has extra space for potential tenants operating in the metal industry. The project was financed partially with EU funds. Raltech, which makes scaffoldings, trolleys and shelves for stores, was set up in 1999 and employs 38 staff. It has revenue of about HUF 420 million a year. (BBJ)