Masterplast Nyrt. opened the new 3,000 square meters factory hall of its German plant. The investment of around EUR 3 million will expand the capacity of Masterplast Nonwowen GmbH. With the development in Aschersleben (Saxony-Anhalt), the Hungarian listed building materials company is preparing for the expected energy modernisation boom.
The internally financed development will replace a previously leased warehouse and pave the way for more economical logistics solutions, making Masterplast more competitive in Germany, but also improving its production capabilities.
Masterplast established its German subsidiary in 2020 with the acquisition of a company active in the production of membranes and industrial laminates for the construction industry.