Swiss Metoxit AG and Saphirwerk AG manufacturing special ceramic products launches an investment of more than CHF 7 million (EUR 6.6 million) in Székesfehérvár, southwest of Budapest.
In the first phase of the project, 40 new jobs will be created, which can increase to 80 people two years later. Ceramic components will be produced in the 6,000-square-meter hall of the company inter alia for medical implants and watches, and production is scheduled to start in the first quarter of 2022. In the medium term, the company is also planning to introduce sales and R&D activities in Székesfehérvár.
Due to increased demand for technical ceramic components, Metoxit AG and Saphirwerk AG decided to set up a new production plant to ensure supply to the Eastern markets and increase production capacity. The presence of a workforce experienced in the ceramic industry was an argument in favour of the location in Székesfehérvár.
In addition to the production activity, sales and research and development are also expected to be part of the tasks of the Hungarian subsidiary in the future; therefore M+S Ceramics Kft. will be able to carry out comprehensive projects with local and new customers.
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