Aluinvent winds up HUF 500 mln green investment
Hungary’s Aluinvent opened a HUF 500 million aluminum foam panel plant in Felsőzsolca, realized with a HUF 360 mln grant from the Norway Fund, which supports green industry innovation, according to reports.
Aluminum foam product. (Photo: Aluinvent website)
The investment is expected to create 40 jobs, bringing the company’s headcount to 57, Hungarian news agency MTI reported, adding that the plant will have an annual production of 1,000 tons.
Aluinvest had revenue of HUF 26 mln in 2014, MTI reported, citing public records.
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