Roto Elzett Certa spending HUF 3bn to expand capacity
Tuesday, January 31, 2012, 3:20 PM CET
German-owned window systems maker Roto Elzett Certa is spending almost HUF 3bn to expand production and warehouse capacity at its plant in Lovo (W Hungary), managing director Erno Kocsis said at a press conference on Tuesday.
The company won a HUF 660m grant from the New Szechenyi Plan for the investment, Mr Kocsis said.
The investment will boost output of the company by 5% from an annual 18m units at present, he told MTI.
The company had net revenue of €71m last year.