The opening ceremony of our new factory hall marks a new beginning

What happened?

Our company has a 35-year history; the new factory hall was made in preparation for a planned expansion in the upcoming years. It is an investment, through which the company acquired new production lines and a state of the art factory hall, both of which will significantly improve our manufacturing capacity of overhead line conductors. The opening ceremony at our site on Besenyő Street consisted of the ribbon cutting and the starting of the production line with the involvement of Márton Nagy.

Why is this important?

The new factory hall will make FUX Zrt. more competitive in the export markets and in the field of electrical industry. The investment is in line with the goal of the Hungarian government to strengthen small- and medium-sized enterprises, particularly domestic-owned companies. Minister Márton Nagy emphasized in his speech that the FUX Zrt. is an exemplary medium-sized enterprise. With this, he highlighted that the company is not only competitive domestically, but also on the international market and as such, it can serve as an example for other domestic-owned businesses. By focusing on growth and innovation, the company also presents a long-term strategy with the purchase of a new site and a ten-year development plan.