Şişecam's glass factory in Kaposvár, SW Hungary, is scheduled to start production in September 2024, the Turkish company's technical manager Burcin Isguden said on Wednesday.
Speaking at a press conference at the site of the factory's construction in the Eastern Industrial Park, he said that the project will cost EUR 400 million instead of the originally estimated EUR 220 million due to the increase in costs.
The factory will cover 112,000 square meters, will employ 350 people when it reaches full capacity and will have two furnaces capable of producing up to 550 tons of packaging bottles per day, including beverage and jars, destined for the local and international markets, he added.
The technical manager said that Şişecam, founded in 1935, has 45 factories and 24,000 employees in 14 countries on four continents, selling 5.6 million tons of glassware produced annually in more than 150 countries.
Péter Dombi, Managing Director of the Kaposvár Development Center, said that Şişecam is making the biggest investment in the city's history, building 15-16 hectares of the 33-hectare industrial park.
The earthworks will be completed soon, and the site will be handed over to the contractor, Dogus Construction and Trade Limited Company, also a Turkish company, in the first days of July.
For the next 16 months, an average of 700 people will work on the construction site each month, but this number could reach 1,500 during the peak period.
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