Swiss-owned building materials maker Swiss Krono plans a 17 billion forint (EUR 47.2m) expansion at its base in Vásárosnamény, in north-east Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said on Tuesday.
The government is supporting the investment, which will preserve 145 jobs and create 28, with a 2.5 billion forint grant, Szijjártó said.
Swiss Krono also made a commitment to continue its operations for another ten years, he added.
featured image via Péter Szijjártó’s Facebook page