First aluminium beverage can factory in Hungary to be built by HELL in Szikszó
Hell is the number one energy and soft drink producer in Hungary with significant market share also in other countries. The company, 10 years old this year, has invested over HUF 21 billion in the past five years in the development of its site near Szikszó, and now employs over 540 people in the disadvantaged region of Borsod-Abaúj-Zemplén county.
Revenues of HELL ENERGY reached HUF 20 billion last year. Seeing the continuously increasing demand in Hungary and abroad, the company decided to start a complex development project: between 2015 and 2019 a 5,000-square-meter bottling plant is going to be built on a greenfield site by the corporate group, to expand current production capacity with new production lines and auxiliary equipment.
The increased production capacity requires improved logistics capabilities from the corporate group. In response to higher production volumes and to ensure a steady supply to export markets, the company plans to build a new aluminium can factory. As a result of the development project, the production capacity of HELL is going to be increased by from 700 to 800 million units per year, meaning the bottling capacity is going to be quadrupled.
The HUF-30-billion development project, creating 320 new jobs, is going to be subsidised, with the assistance of Hungarian Investment Promotion Agency (HIPA), by the Hungarian government with a HUF-7-billion non-repayable investment subsidy granted under a individual government decision (EKD).