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Schott Hungary Plans HUF 28 Billion Expansion

• 11 Mar 2022 6:11 AM
• Hungary Matters

The Hungarian unit of German company Schott, which makes specialty glass products, plans to spend 28 billion forints to expand its base in Lukácsháza, in south-western Hungary, creating 120 jobs, Péter Szijjártó, the minister of foreign affairs and trade, announced.

Hungary’s government is supporting the investment with a 3.3 billion forint grant.

Schott will add production of prefillable sterile syringes to its Hungarian operations with the project.

These products were earlier made solely at Schott’s Swiss-based unit, so there was intensive competition for the investment among potential locations, Szijjártó said.


MTI Photo: Zoltán Balogh

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