Nivó Group Invests HUF 5 Bn in Security Door Factory

Hungarian-owned Nivó Group, a manufacturer of security entrance doors, is building a burglar-proof door factory in Pécel, on the outskirts of Budapest, according to a statement by the Ministry of Foreign Affairs and Trade.

With the investment, the project will enable domestic production to replace approximately half of the door imports previously directed to Hungary.

Nívó Group is a 100% Hungarian-owned, third generation family business. Its main activity is the manufacturing of security entrance doors, as well as the production, distribution and installation of maintenance-free metal fences.

Since the beginning of their 30-year history, they have continuously used new developments and innovative technologies so that their modern security doors and maintenance-free fences meet all requirements.

The government is supporting the investment, which will create 115 jobs, with HUF 1.6 billion.