Graboplast plans to invest HUF 8.7 bln in Hungary
Special flooring producer Graboplast is planning to spend HUF 8.7 bln to expand its Hungarian export capacity in the following two years, CEO-president Péter Jancsó and Minister of Foreign Affairs and Trade Péter Szijjártó reportedly announced today.
According to Hungarian news agency MTI, the project will be supported with HUF 3 bln in government funding. The company is expected to invest in its plants in Tatabánya, in northwestern Hungary, and Kecskemét, in central Hungary, and has promised to increase headcount by at least 107, MTI said.
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