Speed-Tech inaugurate €0.5m production hall in Ajka
Speed-Tech inaugurated a HUF 230m (€0.47m) production hall for the production warehouse system control units in Ajka on Tuesday. The investment has created 20 new jobs.
Franz Jöbstl, owner and CEO of Speed Tech Kft., said the the investment was financed from the company’s own funds, and production started in the 1,300sqm facility at the beginning of June.
The company has plans to double its headcount within a year, Jöbstl added.
Speed Tech Kft. is a subsidiary of Austria-based OTB GmbH. The company has production sites in Austria and Ajka, Hungary.
