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SAB Technologies completes HUF 1 bln production hall in Hungary

Austrian-owned transformer maker SAB Technologies Kft has completed a HUF 1 billion production hall at the company's plant in western Hungary.

SAB Technologies CEO Günther Stoimaier said that the company had received HUF 274 million in European Union funding for the greenfield investment in the village of Vép. Stoimaier said SAB Technologies is currently building a new preparatory and shredding hall at the plant, adding that the company also plans to establish a raw-material research center at the 20-hectare site to promote construction of biogas plants.

Stoimaier noted that the SAB is looking for 30-50 qualified technicians, welders and fitters to work at the new production hall, though is having trouble finding skilled workers in the region.