Start Plast Kft., a manufacturer of plastic products, has inaugurated a new production hall in Újhartyán (Pest County). The Hungarian Investment Promotion Agency (HIPA) financed a quarter of the HUF 1.5 billion (EUR 3.75 million) investment.
The company supplies the neighboring Samsung plant in Jászfényszaru. According to owner Norbert Gergely, the 1,400 square meters production hall was completed in just nine months. The investment also includes six Chinese injection molding machines, a forklift, the modernization of the old hall, and solar panels on both buildings.
Start Plast Kft. has expanded its workforce by double digits to nearly 100 employees. Thanks to a 40% capacity increase, hopes to boost revenue from HUF 5 billion (EUR 12.5 million) to HUF 7 billion (EUR 17.5 million) this year.