Zoltek Expands in Hungary

Japanese corporation Zoltek is creating 357 new workplaces at its plant in Nyergesújfalu with an investment on 30.8 billion forints (EUR 99 million), during the course of which 8 new production lines will be established and the company’s annual carbon fibre production capacity will increase from 10 thousand tons to 15 thousand tons, Mr. Szijjártó announced, adding that  the Government is providing 8.1 billion forints (EUR 26 million) in funding towards the project, which will create Europe’s largest carbon fibre manufacturing plant, meaning the majority of products used in Europe’s wind turbines will be manufactured here in Hungary.

Source: http://www.kormany.hu

Photo: Marton Kovacs

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