Erdőtelek-based SBS develops with 600 million HUF
The manufacturer of machine parts and special-purpose machinery will build a new, 2,000-square-metre production hall and buy new equipment.
SBS Szerelő Javító és Szolgáltató Kft. received a 400 million HUF grant for the expansion of its Erdőtelek site. The 667 million HUF investment will be carried out within the scope of the New Széchenyi Plan.
As part of the complex development the company, manufacturer of machine parts and special-purpose machinery, will build a new, 2,000-square-metre production hall and purchase a high-precision machining station to increase capacity and efficiency. Orsolya Telek, project manager at Heves County Regional Development Agency, said that the company will invest in its basic and production infrastructure as well.
The project will result in the expansion of the company's market, higher production culture, expansion of product structure and continuous quality improvement, said the company in a statement.
SBS Kft. was founded in the spring of 1997 near Erdőtelek, Hungary. The company registered a net income of 6.8 billion HUF in 2011 and 6.3 billion in 2012. The company's profit amounted to 8.8 million HUF in 2011 and 84 million in 2012. In 2012, the company had 260 employees.
