What is being built?
Hungarian packaging company builds new plant in Gödön
PowerPak Kft., a company active in the mixing and packaging of cosmetics, care and chemical household products, has built a new plant and warehouse in Gödö with a HUF 5 billion investment, the company said.
According to the announcement, the development will enable the company to meet the growing needs of its customers and is expected to double its 2024 revenue within 3 years.
Specialising in market needs for more than twenty years
Founded in 1994, PowerPak Kft. has so far operated a 3,000 square metre plant in Budapest. Now the company has doubled its production and storage capacity with a new plant and warehouse covering a total area of 11,000 square metres.
The development will also contribute to increasing the production and thus sales of their own branded Clean.me range, in response to existing market needs, they added.
They stressed that the new warehouse will help to optimise production processes and reduce transport costs and the environmental impact of operations. In addition to the offices, the plant also includes a product development area. The investment also included the installation of a renewable energy heat pump.
The government has provided HUF 1.929 billion in non-repayable aid for the investment, co-financed by the European Union, under the programme "Micro, small and medium-sized enterprises with high performance and significant growth potential".
Source : Link
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