Sapa Profiles Expands Production in Hungary

Norwegian-owned Sapa Profiles, the world’s largest producer of light aluminum profiles, laid the cornerstone of a new 8,000 sqm production facility in Szekesfehervar on Tuesday.

The Hungarian government has channeled EUR 1.92 million of EU funding into the project worth a total of EUR 5 million. The new facility is expected to employ 80–100 new staff to be trained in cooperation with a local technical school. Speaking at the ceremony, Hungary’s PM Viktor Orban said the project fits in well with the government’s ambitions to help companies create quality jobs by combining financial assistance with a steady supply of skilled labor.

News Monitoring