Belotti Ltd., a company specializing in the construction of industrial floors, is building a factory hall of 600 square meters in Szekszárd, southern central Hungary with 50% support from the Economic Development and Innovation Operational Program Plus.
The facility, which will be built as an extension of the company's existing 400-square-meter warehouse and production hall, will manufacture threshold elements for industrial gates, which are expected to reduce heat loss caused by thermal bridges in the substrate by 40%, the company told MTI.
The HUF 320 million investment also includes the renovation of the current hall, the purchase of a CNC bending machine, a plate shear, a welding table and a welding machine, and the installation of a 6-kilowatt solar panel system. The self-developed product, with a load capacity of 40 tons, is planned to be produced at a rate of ten meters per day.
Founded in 1994, the company, which produces 200,000 square meters of concrete surfaces a year and employs 30 people, achieved net sales of HUF 1.83 billion and a profit after tax of HUF 612 million in 2021; the company says that sales in 2022 are likely to be similar to the previous year, and that it does not expect a large increase in 2023.
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