RAFI Hungaria to Expand in Mezőtúr

Electronic product manufacturer RAFI Hungaria Ltd. is to carry out storage expansion related investments in value of EUR 6.5 million in Mezőtúr, eastern Hungary. Over a quarter of the investment amount is covered by Hungarian taxpayers through a government decision. The project should be completed by the end of the year.

Founded in Germany over one hundred years ago, and based there ever since, RAFI Group has been operating in Hungary for more than thirty years. RAFI Hungaria Ltd. didn’t only become the subsidiary of the Group with the largest staff from among those located on three continents and six countries, but it is also the biggest employer in town of Mezőtúr manufacturing electronic products primarily for automotive and medical technology.

The company builds a modern storage facility by expanding its current capacities by 2,400 square meters by relying on subsidy to improve competitiveness, with storage height being tripled. Moreover, it further develops public utilities and infrastructure, logistics and machinery at the site.

“As the storage area grows, it enables us to make room for production, because from now on, two storage facilities will be used for manufacturing purposes. The new equipment that can be purchased as a result of the project, in turn, hold the promise of substantial efficiency improvement,” deputy managing director of RAFI Hungaria Ltd., László Barna said.