Gunter Tata to invest HUF 8bn in Hungary

12 March 2019

The German company Guntner Tata Hutotechnika plans to invest HUF 8bn in western Hungary. The refrigeration equipment producer will invest in a new factory in the city of Tata, creating 150 new jobs in the process. The Hungarian government has promised to provide a HUF 1.5bn grant for this investment, which will result in a new 9,000 sqm plant and a 6,500 sqm warehouse and logistic center. Over 95 percent of the company’s products are shipped abroad as exports. Gunter’s existing plant in Tata is the company’s largest.

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