Hungarian-owned Metal Kingdom Ltd. is establishing its new high-capacity site in Napkor to adapt even more efficiently to growing market demand, the Hungarian Investment Promotion Agency (HIPA) reports.
Operating in Napkor, NE Hungary, the company is present on the market not only through steel structure manufacturing, but also with complex industrial solutions. Its activities range from research and development and engineering consultancy to the design of custom systems and technologies, as well as the manufacturing of lifting and material-handling equipment. The company’s strong performance is well reflected in the fact that 64% of its production is sold on export markets.
As part of the EUR 18.8 million development, a high-capacity new site will be created, primarily to support growing demand for telecommunication towers, industrial halls, and other steel structures. In addition, the project will contribute to the creation of 150 new jobs in the region.
As part of the investment, a 67,443-square-meter industrial site will also be acquired, where three new production halls, a three-story office building, and the technological infrastructure necessary for operations will be developed.
The new project not only represents a capacity expansion, but also places strong emphasis on sustainability, as a solar power system and a heat pump system will also be installed, enabling the company to cover around 20% of its energy demand from renewable sources.
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