Kvantex Ltd has completed the expansion of its factory in Vecsés with the construction of a 713 sqm production hall. Forty percent of the HUF 114 m investment came from support from the European Union. Along with the new hall, the company developed its infrastructure and technology, improving product quality and decreasing energy use in the production process. Kvantex’ total revenues in 2011 came to HUF 150 m last year, with its biggest clients being Tauform Ltd and Continental AG.
