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Texpack inaugurates €2.5 mln warehouse

Packaging maker Texpack inaugurated a €2.5 million, 6,800-square meter warehouse in the industrial park of Mórahalom (SE Hungary).

Dutch and Belgian investors own a majority stake in Texpack and a Hungarian family owns 24%, said founder and general director Tibor Török.

In addition to Hungary, Texpack supplies partners in Serbia, Croatia, Slovakia and Romania.

The company expects to close 2008 with revenue of HUF 2.2 billion, up from HUF 2 billion in 2007, Török said. (MTI – Econews)