Hungary: Belgium’s Ravago and Turkeyʼs Beşler Tekstil plant to build a Euro20.5m insulation plant at Alsózsolca. The plant will have a production capacity of 36,000t/yr, according to the Budapest Business Journal. The government is aiding the project with a contribution of just under Euro4m. Once operational the plant is expected to export third-thirds of its output internationally. The unit will also create 90 jobs.
Ravago is a Belgium plastics manufacturer with operations in over 55 countries. Beşler Tekstil is a Turkish textiles producer.
