Metyx Hungary

Type
Business expansion
Country
Hungary
Region
Dunántúl; Dél-Dunántúl; Somogy
Location of affected unit(s)
Kaposvár
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13.9 - Manufacture of other textiles
13.96 - Manufacture of other technical and industrial textiles
182 jobs
Number of planned job creations
Job creation
Announcement Date
7 February 2018
Employment effect (start)
7 February 2018
Foreseen end date

Description

Turkish-owned Metyx Hungary Kft. extended its production plant in Kaposvár, southwestern Hungary. Four new production lines have been added and created 182 new jobs.

The 6,000 square meter extension required a HUF 3.2 billion (EUR 10.26 million) investment was supported by a HUF 902.5 million (EUR 2.9 million) state grant.

The producer of of high-performance technical textiles (multiaxial reinforcements, RTM reinforcements, woven fabrics, textile vacuum bagging products, surface veils) has been present in Hungary since 2015. The Kaposvár facility is its third production plant, and the first outside Turkey.

Sources

  • 7 February 2018: sonline.hu

Citation

Eurofound (2018), Metyx Hungary, Business expansion in Hungary, factsheet number 93396, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93396.